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Property profile & analytics
OFF-MARKET
Estimated value
$7,110,000
Distribution centers
2998 Broadway Ctr Blvd Brandon, FL 33510-2721
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4442382
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
320,613 SF
Lot
24.27 ac (1,057,117 SF)
Zoning code
IPD-1
APN
U082920966000001000030
UPID
US18-4442382
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
-
Broadway Centre Association, Inc. Charitable Organization Social Service Agency
-
Ashley Furniture Distribution Center Furniture & Home Goods Home Decor Store
-
Big e grille shack Bar & Pub
-
Dump It Junk Removal Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.11M
Owner & transaction history
Ashley Global Retail LLC · 3 yrs held
Ashley Global Retail LLC
since 2022
Last sale
$7.5M
3 recorded transactions
Zoning & alternative use
IPD-1 · Brandon, 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 Brandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brandon 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
$6,215,000
ML approach
$7,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.11M
Range $6.40M – $7.82M · ±10% · vs last sale $7.50M (Dec 16 2022)
Last sale anchor
$7.50M
Dec 16 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
$22 / 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
$372,315
Tax year 2023
Assessed value
$20,921,500
Assessed 2023
Previous assessed
$19,228,100
+8.8% YoY
Effective rate
1.78%
On assessed value
Assessed land
$5,250,412
Assessed improvement
$15,671,088
Land market value
$5,250,412
Improvement market value
$15,671,088
Total market value
$20,921,500
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
320,613 SF
Lot
24.27 ac (1,057,117 SF)
Zoning code
IPD-1
APN
U082920966000001000030
UPID
US18-4442382
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IPD-1 · Brandon, FL
Zoning IPD-1 · permitted uses
IPD-1 · Brandon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brandon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
24.27 ac
Current owner
From public records · entity-resolved
Ashley Global Retail LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1 ASHLEY WAY, ARCADIA, WI 54612-1218
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Ashley Global Retail LLC
Ashley Furniture Industries LLC
Intrafamily Transfer
related
—
Dec 14, 2006
$7,500,000
Ashley Furniture Inds INC
Dpah Partners I Ltd
Grant Deed
—
—
—
Dpah Partners I Ltd
—
Deed Of Trust
related
$823,995 · General Electric Capital Busin
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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