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Property profile & analytics
OFF-MARKET
Estimated value
$12,990,000
Warehouses
33624 State Rd 54 Wesley Chapel, FL 33543-9115
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3035853
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Total area
113,374 SF
Lot
3.87 ac (168,614 SF)
Zoning code
00C2
APN
13-26-20-0110-00000-5590
UPID
US18-3035853
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
$10.00M
CAP Approach
CAP
$16.18M
Comparable Approach
Comparable
$17.93M
Blend (final)
Blend
$12.99M
Owner & transaction history
Value Store It Wesley Chapel LLC · 4 yrs held
Value Store It Wesley Chapel LLC
since 2021
Last sale
$13.0M
5 recorded transactions
Zoning & alternative use
00C2 · Wesley Chapel, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.8M
+26.2%
Office building
$16.8M
+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
$11,060,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$17,525,000
6.5%
$16,175,000
7%
$15,020,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,700,000
Current use
COMMERCIAL (GENERAL)
$19,820,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$16,770,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$12.99M
Range $11.69M – $14.29M · ±10% · vs last sale $13.01M (Dec 6 2021)
Last sale anchor
$13.01M
Dec 6 2021
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
$115 / 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
$198,350
Tax year 2023
Assessed value
$11,542,751
Assessed 2023
Previous assessed
$11,542,751
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$666,769
Assessed improvement
$10,875,982
Land market value
$666,769
Improvement market value
$10,875,982
Total market value
$11,542,751
Applied tax rate
3,600.0000
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
2020
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
3
Bathrooms
2
Total area
113,374 SF
Lot
3.87 ac (168,614 SF)
Zoning code
00C2
APN
13-26-20-0110-00000-5590
UPID
US18-3035853
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Wesley Chapel, FL
Zoning 00C2 · permitted uses
00C2 · 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
$15.7M
COMMERCIAL (GENERAL)
Est. value
$19.8M
OFFICE BUILDING
Est. value
$16.8M
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
4
Bathrooms
2
Lot
3.87 ac
Current owner
From public records · entity-resolved
Value Store It Wesley Chapel LLC
Entity
Mailing address
3201 W COMMERCIAL BLVD STE #218, FORT LAUDERDALE, FL 33309-3466
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$13,012,500
Value Store It Wesley Chapel LLC
Hlssii Wesley Chapel LLC
Special Warranty Deed
$12,145,000 · Southstar Bank Ssb
Dec 20, 2019
—
Hlsii Wesley Chapel LLC
—
Grant Deed
related
$6,662,000 · Bank Ozk
Dec 7, 2018
$100
Fraternal Order Of Eagles Zeph
Fraternal Order Of Eagles Zeph
Grant Deed
related
—
Jan 7, 2005
—
Fraternal Order Of Eagles Zephyrhil
Fraternal Order Of Eagles Zephyrhil
Correction Deed
related
$890,000 · First National Bank Of Pasco
—
—
Fraternal Order Of Eagles Zephyrh
—
Deed Of Trust
related
$130,000 · First National Bank Pasco
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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