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Property profile & analytics
OFF-MARKET
Estimated value
$12,475,000
Warehouses
28999 Anise Dr Wesley Chapel, FL 33543-7635
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8371217
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Total area
99,996 SF
Lot
2.89 ac (126,053 SF)
Zoning code
MPUD
APN
30-26-20-0030-00000-0101
UPID
US18-8371217
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
$14.27M
Comparable Approach
Comparable
$14.99M
Blend (final)
Blend
$12.48M
Owner & transaction history
Msc Wiregrass LLC · 4 yrs held
Msc Wiregrass LLC
since 2021
1 recorded transaction
Zoning & alternative use
MPUD · Wesley Chapel, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.5M
+26.2%
Office building
$14.8M
+6.8%
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 Wesley Chapel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wesley Chapel 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%
$15,455,000
6.5%
$14,265,000
7%
$13,245,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,850,000
Current use
COMMERCIAL (GENERAL)
$17,480,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$14,790,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$12.48M
Range $11.23M – $13.72M · ±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
$125 / 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
$165,084
Tax year 2023
Assessed value
$9,653,278
Assessed 2023
Previous assessed
$9,830,632
-1.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$793,332
Assessed improvement
$8,859,946
Land market value
$793,332
Improvement market value
$8,859,946
Total market value
$9,653,278
Applied tax rate
36.0000
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
2018
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Units
440
Bathrooms
4
Total area
99,996 SF
Lot
2.89 ac (126,053 SF)
Zoning code
MPUD
APN
30-26-20-0030-00000-0101
UPID
US18-8371217
Jurisdiction
PASCO
Zoning & alternative use
MPUD · Wesley Chapel, FL
Zoning MPUD · permitted uses
MPUD · Wesley Chapel, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wesley Chapel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.9M
COMMERCIAL (GENERAL)
Est. value
$17.5M
OFFICE BUILDING
Est. value
$14.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
440
Bathrooms
4
Lot
2.89 ac
Current owner
From public records · entity-resolved
Msc Wiregrass LLC
Entity
Mailing address
725 PARK CTR DR, MATTHEWS, NC 28105-5012
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2021
—
Msc Wiregrass LLC
—
Deed
related
$122,500,000 · Wells Fargo Bank 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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