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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Manufacturing properties
2964 Hightower Ln Wauchula, FL 33873-9618
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4070127
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2015
Construction
STEEL FRAME
Total area
50,684 SF
Lot
10.3 ac (448,668 SF)
Zoning code
A-1
APN
36-34-24-0000-00930-0000
UPID
US18-4070127
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
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
JR Simplot Company · 2 yrs held
JR Simplot Company
since 2024
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
A-1 · Wauchula, 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 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
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,290,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,865,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Jul 16 2024)
Last sale anchor
$2.10M
Jul 16 2024
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
$41 / 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
$14,774
Tax year 2023
Assessed value
$1,025,406
Assessed 2023
Previous assessed
$1,025,406
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$206,000
Assessed improvement
$819,406
Land market value
$206,000
Improvement market value
$819,406
Total market value
$1,025,406
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
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
1
Total area
50,684 SF
Lot
10.3 ac (448,668 SF)
Zoning code
A-1
APN
36-34-24-0000-00930-0000
UPID
US18-4070127
Jurisdiction
HARDEE
Zoning & alternative use
A-1 · Wauchula, FL
Zoning A-1 · permitted uses
A-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)
Est. value
$3.3M
RETAIL STORES
Est. value
$2.9M
INDUSTRIAL (GENERAL)
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
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
1
Lot
10.3 ac
Current owner
From public records · entity-resolved
JR Simplot Company
Entity
Free & Clear · 2 yrs held
Mailing address
842 PO BOX 27TH CIR E STE #104, BOISE, ID 83707-0027
Ownership since
2024
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
Jul 16, 2024
$2,100,000
JR Simplot Company
Ark Properties Fl LLC
Warranty Deed
—
Jan 18, 2022
$1,400,000
Ark Properties Fl LLC
R & R Harvesting INC
Warranty Deed
$1,143,668 · Cadence Bank NA
Jan 15, 2015
$90,100
R & R Harvesting INC
Beattie,john W
Warranty Deed
related
—
Aug 23, 2006
—
Beattie,john W & Roberta H Tr
Beattie,john W & Roberta H
Quit Claim Deed
related
—
May 24, 2006
—
Roberta H Beattie
Beattie Roberta H
Quit Claim Deed
related
—
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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