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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Auto shops
2303 James L Redman Pkwy Plant City, FL 33563-7140
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US18-3537216
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1988
Construction
WOOD
Total area
30,056 SF
Lot
2.46 ac (107,158 SF)
Zoning code
C-1
APN
P052922ZZZ000006071600
UPID
US18-3537216
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
-
Nationwide Interlock Building Supply General Contractor
-
Watermill Express Big Box & Wholesale Store
-
Plant City Automotive Auto Repair Shop
-
Roadrunner Oil & Lube Center Auto Repair Shop
-
O'Neal & Sons Upholstery Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$2.37M
Owner & transaction history
Down Under Investments INC · 24 yrs held
Down Under Investments INC
since 2001
7 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10%
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
$79 / 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
$36,143
Tax year 2023
Assessed value
$2,190,580
Assessed 2023
Previous assessed
$1,920,911
+14.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$1,370,996
Assessed improvement
$819,584
Land market value
$1,370,996
Improvement market value
$819,584
Total market value
$2,190,580
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
14
Rooms
15
Total area
30,056 SF
Lot
2.46 ac (107,158 SF)
Zoning code
C-1
APN
P052922ZZZ000006071600
UPID
US18-3537216
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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
14
Rooms
15
Lot
2.46 ac
Current owner
From public records · entity-resolved
Down Under Investments INC
Entity
Mailing address
PO BOX 2655, BRANDON, FL 33509-2655
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2017
—
Down Under Investments INC
—
Deed
related
$500,000 · Centerstate Bk NA
Sep 14, 2017
—
Down Under Investments INC
—
Deed
related
$500,000 · Centerstate Bk NA
Mar 6, 2017
—
Down Under Investments INC
—
Deed
related
—
Nov 21, 2001
$1,210,000
Down Under Investments INC
Prs Partners
Grant Deed
$900,000 · Valrico State Bank
—
—
Down Under Investments INC
—
Loan Modification
related
—
—
—
Down Under Investments INC
—
Loan Modification
related
$500,000 · Centerstate Bk NA
—
—
Down Under Investments INC
—
Loan Modification
related
$500,000 · Centerstate Bk NA
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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