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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Manufacturing properties
2515 Commerce Ct, Bowling Green, FL 33834-2001
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4908124
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2008
Construction
CONCRETE
Total area
41,794 SF
Lot
4.07 ac (177,289 SF)
Zoning code
C/IBC
APN
20-33-25-0500-00001-0003
UPID
US18-4908124
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
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.48M
Owner & transaction history
Mach Connections Real Estate LLC · 3 yrs held
Mach Connections Real Estate LLC
since 2022
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
C/IBC · Bowling Green, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+75.6%
Warehouse, storage
$4.0M
+46.6%
Restaurant
$3.4M
+24.1%
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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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
$3,605,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,710,000
Current use
OFFICE BUILDING
$4,760,000
Change: +76% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,975,000
Change: +47% · Conversion: Easy
RESTAURANT
$3,365,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$2,695,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10% · vs last sale $3.24M (Dec 19 2022)
Last sale anchor
$3.24M
Dec 19 2022
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
$83 / 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
$37,317
Tax year 2023
Assessed value
$2,589,962
Assessed 2023
Previous assessed
$2,589,962
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$80,586
Assessed improvement
$2,509,376
Land market value
$80,586
Improvement market value
$2,509,376
Total market value
$2,589,962
Applied tax rate
900.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
26
Total area
41,794 SF
Lot
4.07 ac (177,289 SF)
Zoning code
C/IBC
APN
20-33-25-0500-00001-0003
UPID
US18-4908124
Jurisdiction
HARDEE
Zoning & alternative use
C/IBC · Bowling Green, FL
Zoning C/IBC · permitted uses
C/IBC · Bowling Green, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bowling Green. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$4.0M
RESTAURANT
Est. value
$3.4M
RETAIL STORES
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
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
2008
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
26
Lot
4.07 ac
Current owner
From public records · entity-resolved
Mach Connections Real Estate LLC
Entity
Mailing address
14700 AEROSPACE PKWY, ORLANDO, FL 32832-7100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 19, 2022
$3,240,000
Mach Connections Real Estate LLC
Pacer Marine Engineering INC
Special Warranty Deed
—
Jan 14, 2021
—
Pacer Marine Engineering INC
—
Deed
related
$600,000 · Wauchula State Bank
Jun 3, 2004
—
Hardee County Industrial Dev A
Hardee County
Quit Claim Deed
related
—
—
—
Pacer Marine Engineering INC
—
Loan Modification
related
$1,218,352 · Wauchula St Bk
—
—
Pacer Marine Engineering INC
—
Loan Modification
related
—
—
—
Pacer Marine Engineering INC
—
Deed Of Trust
related
$200,000 · 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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