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Property profile & analytics
FOR LEASE
Warehouses
19925 Independence Blvd, Groveland, FL 34736
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0434416
For Lease
1 / 5
$3 SF/Yr
19925 Independence Blvd, Groveland, FL 34736
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
BRICK
Total area
706,722 SF
Lot
44.35 ac (1,931,886 SF)
APN
20-21-25-1205-000-03500
UPID
US19-0434416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CWI Logistics Warehouse & Storage
-
nestle water Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$73.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$59.25M
Owner & transaction history
Es 19925 Independence · 5 yrs held
Es 19925 Independence
since 2020
Last sale
$49.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Groveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$64,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$79,900,000
6.5%
$73,750,000
7%
$68,485,000
Blend value · Realmo final
$59.25M
Range $53.32M – $65.17M · ±10% · vs last sale $49.61M (Nov 16 2020)
Last sale anchor
$49.61M
Nov 16 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$309,890
Tax year 2021
Assessed value
$28,629,988
Assessed 2023
Previous assessed
$28,629,988
+0.0% YoY
Effective rate
1.08%
On assessed value
Land market value
$4,722,388
Improvement market value
$23,907,600
Total market value
$28,629,988
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1999
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
9
Total area
706,722 SF
Lot
44.35 ac (1,931,886 SF)
APN
20-21-25-1205-000-03500
UPID
US19-0434416
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
9
Lot
44.35 ac
Current owner
From public records · entity-resolved
Es 19925 Independence
Individual
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
37 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
Es 19925 Independence
Gcp-lcdc LLC
Grant Deed
$33,152,850 · Metlife R/e Lndg LLC
Sep 25, 2017
$4,020,000
Gcp Lcdc LLC
Rcs Groveland LLC
Special Warranty Deed
$200,000,000 · Wells Fargo Bank NA
Feb 27, 2015
$22,900,000
Eat-1503 LLC
Spirit Cc Groveland Fl LLC
Special Warranty Deed
$19,800,000 · M & T Bank
Aug 23, 2007
—
Fpro-101 LLC
Cbrei 1031 Forti LLC
Warranty Deed
—
Aug 23, 2007
$27,548,900
Cole Cc Groveland Fl LLC
Fpro-101 LLC
Warranty Deed
$20,250,000 · Wachovia Bank NA
Jun 3, 2003
$399,300
Fpro-133 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Hart-fort LLC
Jun 3, 2003
$546,400
Fpro-136 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Jun 3, 2003
$336,300
Fpro-130 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Jun 3, 2003
$2,185,071
Fpro-132 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Hart-fort LLC
Jun 3, 2003
$609,500
Fpro-135 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Hart-fort LLC
May 29, 2003
$315,311
Fpro-109llc
Cbrei 1031fort 1 LLC
Grant Deed
—
May 16, 2003
$315,300
Fpro-131 LLC
Cbre1 1031fort I LLC
Grant Deed
$1,000,000 · Investors 1031 LLC
May 9, 2003
$2,942,100
Fpro 115 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Har-fort LLC
May 9, 2003
—
Fpro-115 LLC
—
Deed Of Trust
related
$1,000,000 · Investors 1031 LLC
Apr 28, 2003
$651,500
Fpro-130 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,750,000 · Har-fort LLC
Apr 24, 2003
$672,500
Fpro-129 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Har-fort LLC
Apr 22, 2003
$252,200
Fpro -125 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Har-fort LLC
Apr 17, 2003
$357,300
Fpro-124 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Apr 7, 2003
$651,500
Fpro 127 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Mar 31, 2003
$378,300
Fpro-126 LLC
Cbret 1031fort 1 LLC
Grant Deed
$1,000,000 · Har-fort LLC
Mar 19, 2003
$189,200
Fpro-122 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$1,000,000 · Har-fort LLC
Mar 17, 2003
$189,200
Fpro-121 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Mar 12, 2003
$651,500
Fpro-120 LLC
Cbrei 1031 Fort I LLC
Grant Deed
—
Mar 5, 2003
$504,400
Fpro-116 LLC
Cbrei 1031fort 1 LLC
Grant Deed
—
Mar 3, 2003
$378,300
Fpro-112 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Feb 24, 2003
$315,300
Fpro 118 LLC
Cbrei 103 Fort LLC
Grant Deed
—
Feb 19, 2003
$966,700
Fpro-119 LLC
Cbrei 1031 Fort I LLC
Grant Deed
$1,000,000 · Har-fort LLC
Feb 14, 2003
$504,400
Fpro 114 LLC
Cbrei 1031 Fort I LLC
Grant Deed
$1,750,000 · Har Fort LLC
Feb 12, 2003
$1,954,400
Fpro-113 LLC
Cbrei 1031fort 1 LLC
Grant Deed
$1,000,000 · Hart-fort LLC
Dec 31, 2002
$1,050,800
Fpro-iii LLC
Cbrei 1031 Fort I LLC
Grant Deed
$1,000,000 · Har-fort LLC
Dec 26, 2002
$294,300
Fpro-103 LLC
Cbrei 1031 Fort I LLC
Grant Deed
$1,000,000 · Har-fort LLC
Dec 23, 2002
$252,200
Fpro-110 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Dec 23, 2002
$651,500
Fpro-108 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Dec 18, 2002
$231,200
Fpro-107 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Dec 10, 2002
$189,200
Fpro 106 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
—
Sep 27, 2002
$191,100
Fpro 104 LLC
Cbrei 1031 Fort I LLC
Grant Deed
—
Sep 13, 2002
$649,600
Fpro-101 LLC
Cbrei 1031 Fort 1 LLC
Grant Deed
$3,500 · Har-fort LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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