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Property profile & analytics
OFF-MARKET
Estimated value
$34,650,000
Manufacturing properties
2615 92nd Hwy Plant City, FL 33566
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4784818
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
190,356 SF
Lot
29.22 ac (1,272,823 SF)
Zoning code
M-1
APN
P272822ZZZ000004803100
UPID
US18-4784818
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
by Request
CAP Approach
CAP
$35.57M
Comparable Approach
Comparable
$46.12M
Blend (final)
Blend
$34.65M
Owner & transaction history
Sirhar Properties LLC · 19 yrs held
Sirhar Properties LLC
since 2006
5 recorded transactions
Zoning & alternative use
M-1 · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$47.1M
+44.7%
Neighborhood: shopping center
$46.4M
+42.5%
Auto repair, garage
$35.9M
+10.2%
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%
$38,530,000
6.5%
$35,570,000
7%
$33,025,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$32,585,000
Current use
MEDICAL BUILDING
$47,145,000
Change: +45% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$46,435,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$35,920,000
Change: +10% · Conversion: Easy
RETAIL STORES
$28,560,000
Change: -12% · Conversion: Moderate
OFFICE BUILDING
$26,830,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$34.65M
Range $31.19M – $38.12M · ±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
$182 / 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
$459,325
Tax year 2023
Assessed value
$29,689,447
Assessed 2023
Previous assessed
$9,019,000
+229.2% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,138,343
Assessed improvement
$27,551,104
Land market value
$2,138,343
Improvement market value
$27,551,104
Total market value
$29,689,447
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Rooms
6
Total area
190,356 SF
Lot
29.22 ac (1,272,823 SF)
Zoning code
M-1
APN
P272822ZZZ000004803100
UPID
US18-4784818
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-1 · Plant City, FL
Zoning M-1 · permitted uses
M-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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$32.6M
MEDICAL BUILDING
Est. value
$47.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$46.4M
AUTO REPAIR, GARAGE
Est. value
$35.9M
RETAIL STORES
Est. value
$28.6M
OFFICE BUILDING
Est. value
$26.8M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
6
Lot
29.22 ac
Current owner
From public records · entity-resolved
Sirhar Properties LLC
Entity
Mailing address
3826 BRYN MAWR ST, ORLANDO, FL 32808-4608
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2006
—
Sirhar Properties LLC
Toufayan Bakery Of Plant City INC
Grant Deed
—
Dec 29, 2005
$3,875,000
Toufayan Bakery Of Plant City INC
Archway Cookies LLC
Grant Deed
—
—
—
Bf Usb INC
—
Deed Of Trust
related
$1,450,000 · Bank Of Nova Scotia
—
—
Archway Cookies LLC
—
Deed Of Trust
related
$2,500,000 · Wachovia Cap Fin Corp (new Eng
—
—
Sirhar Properties LLC
—
Deed Of Trust
related
$10,000,000 · Jp Morgan Chase Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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