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Property profile & analytics
OFF-MARKET
Estimated value
$2,955,000
Warehouses
300 143rd St Newberry, FL 32669-3105
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0139882
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
25,500 SF
Lot
8.54 ac (372,002 SF)
Zoning code
PD
APN
04350-000-000
UPID
US18-0139882
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
$2.87M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$2.96M
Owner & transaction history
Midgard Self Storage Newberry · 8 yrs held
Midgard Self Storage Newberry
since 2018
7 recorded transactions
Zoning & alternative use
PD · Newberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.9M
+55.1%
Retail stores
$4.7M
+48.0%
Office building
$3.9M
+22.1%
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 Newberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newberry 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%
$3,105,000
6.5%
$2,865,000
7%
$2,660,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,155,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,890,000
Change: +55% · Conversion: Moderate
RETAIL STORES
$4,670,000
Change: +48% · Conversion: Moderate
OFFICE BUILDING
$3,850,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$3,535,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.25M · ±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
$116 / 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
$264,157
Tax year 2023
Assessed value
$13,248,200
Assessed 2023
Previous assessed
$11,629,600
+13.9% YoY
Effective rate
1.99%
On assessed value
Assessed land
$4,692,816
Assessed improvement
$8,555,384
Land market value
$4,692,816
Improvement market value
$8,555,384
Total market value
$13,248,200
Applied tax rate
300.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
9
Stories
1
Units
100
Rooms
12
Bathrooms
5
Total area
25,500 SF
Lot
8.54 ac (372,002 SF)
Zoning code
PD
APN
04350-000-000
UPID
US18-0139882
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Newberry, FL
Zoning PD · permitted uses
PD · Newberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newberry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
RETAIL STORES
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.5M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
MEDICAL 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
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
9
Units
100
Rooms
12
Bathrooms
5
Lot
8.54 ac
Current owner
From public records · entity-resolved
Midgard Self Storage Newberry
Individual
Mailing address
1146 CANTON ST, ROSWELL, GA 30075-3641
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2018
—
Midgard Self Storage Newberry LLC
—
Deed
related
$3,500,000 · Midgard Self Storge Neberry LLC
Mar 13, 2018
$7,850,000
Midgard Self Storage Newberry
Steeplechase Storage LLC
Grant Deed
$8,200,000 · Miscellaneous Ins Co
May 4, 2016
—
Steeplechase Storage LLC
—
Deed
related
$300,000 · Florida Cu
Nov 29, 2007
—
Steeplechase Storage LLC
Hawley,phillip L & Janice A
Warranty Deed
$3,000,000 · Protective Life Insurance Co
Dec 16, 2003
$4,024,100
Gaines LLC
Hd Jonesville LLC
Grant Deed
$1,400,000 · Citizens First National Bank
Dec 3, 2002
$1,100,000
Hd Jonesville LLC
Brown,lewis
Grant Deed
$2,878,178 · Colonial Bank
Oct 2, 2002
$2,184,800
Lewis Brown
Hawley,phillip L & Janice A
Grant Deed
$2,600,000 · Merchants & Southern Bank
—
—
Steeplechase Storage LLC
—
Deed Of Trust
related
$300,000 · Florida Cu
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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