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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
203 Laura St Plant City, FL 33563-5506
Entity Owned
1-yr Hold
Free & Clear
Property ID
US19-0628292
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1923
Construction
WOOD
Total area
16,980 SF
Lot
0.95 ac (41,450 SF)
Zoning code
C-1
APN
P2928225DF000003000001
UPID
US19-0628292
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
-
Big Mike's Auction House Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$317k
Blend (final)
Blend
$510k
Owner & transaction history
Midwest Supply & Packing INC · 1 yrs held
Midwest Supply & Packing INC
since 2025
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
C-1 · Plant City, FL
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City 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
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Dec 7 2024)
Last sale anchor
$500k
Dec 7 2024
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
$30 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,452
Tax year 2023
Assessed value
$456,500
Assessed 2023
Previous assessed
$397,200
+14.9% YoY
Effective rate
1.63%
On assessed value
Assessed land
$269,425
Assessed improvement
$187,075
Land market value
$269,425
Improvement market value
$187,075
Total market value
$456,500
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
6
Total area
16,980 SF
Lot
0.95 ac (41,450 SF)
Zoning code
C-1
APN
P2928225DF000003000001
UPID
US19-0628292
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1 · Plant City, FL
Zoning C-1 · permitted uses
C-1 · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
6
Lot
0.95 ac
Current owner
From public records · entity-resolved
Midwest Supply & Packing INC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1180, KATHLEEN, FL 33849-1180
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
$500,000
Midwest Supply & Packing INC
Dianne G Williams
Warranty Deed
—
Nov 13, 2013
$150,000
Michael P Williams
Panaray Investment Corp
Warranty Deed
$150,000 · Nicholson Rental Props INC
May 3, 2005
$225,000
Uesi Properties LLC
Phil E Hicks
Warranty Deed
$116,000 · Suntrust Bank
Oct 5, 1998
$142,857
Phil E Hicks
T R & B INC
Grant Deed
$145,000 · Seller
Sep 2, 1998
$135,600
T R & B INC
Toole,john A
Grant Deed
—
Apr 17, 1997
$155,000
John A Toole
Trinkle,robert S
Grant Deed
$135,000 · T R & B INC
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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