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Property profile & analytics
OFF-MARKET
Estimated value
$30,880,000
Warehouses
3700 Bannon Is Rd Haines City, FL 33844-6700
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-7177432
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Total area
190,607 SF
Lot
118.87 ac (5,177,934 SF)
APN
272803000000012010
UPID
US18-7177432
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
$28.48M
Comparable Approach
Comparable
$37.99M
Blend (final)
Blend
$30.88M
Owner & transaction history
Cv Nla II LP · 6 yrs held
Cv Nla II LP
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$46.4M
+95.6%
Neighborhood: shopping center
$34.9M
+47.3%
Retail stores
$29.8M
+25.8%
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 Haines City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haines City 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%
$30,855,000
6.5%
$28,480,000
7%
$26,445,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$23,720,000
Current use
AUTO REPAIR, GARAGE
$46,400,000
Change: +96% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$34,935,000
Change: +47% · Conversion: Moderate
RETAIL STORES
$29,845,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$30.88M
Range $27.79M – $33.97M · ±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
$162 / 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
$436,367
Tax year 2023
Assessed value
$28,204,753
Assessed 2023
Previous assessed
$28,204,753
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$3,365,656
Assessed improvement
$24,839,097
Land market value
$3,365,656
Improvement market value
$24,839,097
Total market value
$28,204,753
Applied tax rate
90,420.0000
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
NONE
Buildings
2
Stories
1
Units
1
Total area
190,607 SF
Lot
118.87 ac (5,177,934 SF)
APN
272803000000012010
UPID
US18-7177432
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$23.7M
AUTO REPAIR, GARAGE
Est. value
$46.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.9M
RETAIL STORES
Est. value
$29.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2020
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
118.87 ac
Current owner
From public records · entity-resolved
Cv Nla II LP
Entity
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 18, 2019
$3,135,000
Cv Nla II LP
Mc Land Holdings LLC
Grant Deed
—
Oct 30, 2007
—
Polk County
Mcland Holdings LLC
Warranty Deed
related
—
Aug 24, 2007
—
Mc Land Holdings LLC
—
Deed Of Trust
related
$12,144,000 · Carolina First Bank
Oct 5, 2005
—
Mcland Holdings LLC
Metromont Corp
Grant Deed
related
—
Jul 1, 2004
$1,253,900
Metromont Corp
Aac Marketing INC
Grant Deed
$893,750 · National Bank South Carolina
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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