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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Industrial properties
217 Main St Wauchula, FL 33873-2717
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2813677
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,550 SF
Lot
0.28 ac (12,023 SF)
Zoning code
HC-1
APN
03-34-25-0200-00018-0019
UPID
US18-2813677
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$920k
Owner & transaction history
Hardee County Industrial Dev Author · 5 yrs held
Hardee County Industrial Dev Author
since 2021
Last sale
$910,000
4 recorded transactions
Zoning & alternative use
HC-1 · Wauchula, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+98.5%
Office building
$935,000
+68.9%
Warehouse, storage
$815,000
+46.6%
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 Wauchula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wauchula 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
$995,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$555,000
Current use
COMMERCIAL (GENERAL)
$1,100,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$935,000
Change: +69% · Conversion: Difficult
WAREHOUSE, STORAGE
$815,000
Change: +47% · Conversion: Easy
RESTAURANT
$690,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $910k (Jan 19 2021)
Last sale anchor
$910k
Jan 19 2021
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
$108 / 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
$12,605
Tax year 2023
Assessed value
$575,407
Assessed 2023
Previous assessed
$537,045
+7.1% YoY
Effective rate
2.19%
On assessed value
Assessed land
$72,324
Assessed improvement
$503,083
Land market value
$72,324
Improvement market value
$503,083
Total market value
$575,407
Applied tax rate
902.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
4
Total area
8,550 SF
Lot
0.28 ac (12,023 SF)
Zoning code
HC-1
APN
03-34-25-0200-00018-0019
UPID
US18-2813677
Jurisdiction
HARDEE
Zoning & alternative use
HC-1 · Wauchula, FL
Zoning HC-1 · permitted uses
HC-1 · Wauchula, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wauchula. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$815,000
RESTAURANT
Est. value
$690,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Hardee County Industrial Dev Author
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 458, WAUCHULA, FL 33873-0458
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
$910,000
Hardee County Industrial Dev Author
Victory Investment Services LLC
Warranty Deed
—
—
—
Victory Investment Svcs LLC|delatorre,gary
—
Loan Modification
related
$40,446 · Wauchula St Bk
—
—
Victory Investment Svcs LLC
—
Loan Modification
related
—
—
—
Victory Investment Svcs LLC
—
Deed Of Trust
related
$40,382 · Wauchula State Bank
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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