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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Warehouses
37122 State Rd 54 Zephyrhills, FL 33542-6934
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9495355
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
11,891 SF
Lot
0.25 ac (10,875 SF)
Zoning code
C2
APN
15-26-21-0030-00700-0010
UPID
US18-9495355
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
$1.70M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.29M
Owner & transaction history
Zephyr Mini Storage LLC · 18 yrs held
Zephyr Mini Storage LLC
since 2008
3 recorded transactions
Zoning & alternative use
C2 · Zephyrhills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This category is established to identify areas of the city appropriate for location of commercial activities which serve the entire community and surrounding trade area, thereby generating volumes of vehicular traffic requiring direct access to arterial roadways
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
428.50 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$2.0M
+23.5%
Retail stores
$1.9M
+17.0%
Office building
$1.8M
+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 Zephyrhills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zephyrhills 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%
$1,840,000
6.5%
$1,695,000
7%
$1,575,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,645,000
Current use
COMMERCIAL (GENERAL)
$2,035,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,925,000
Change: +17% · Conversion: Moderate
OFFICE BUILDING
$1,760,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$108 / 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
$21,661
Tax year 2023
Assessed value
$1,239,060
Assessed 2023
Previous assessed
$1,234,155
+0.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$57,094
Assessed improvement
$1,181,966
Land market value
$57,094
Improvement market value
$1,181,966
Total market value
$1,239,060
Applied tax rate
30.0000
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
2021
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
11,891 SF
Lot
0.25 ac (10,875 SF)
Zoning code
C2
APN
15-26-21-0030-00700-0010
UPID
US18-9495355
Jurisdiction
PASCO
Zoning & alternative use
C2 · Zephyrhills, FLZoning C2 · permitted uses
C2 · Zephyrhills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This category is established to identify areas of the city appropriate for location of commercial activities which serve the entire community and surrounding trade area, thereby generating volumes of vehicular traffic requiring direct access to arterial roadways
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
428.50 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2021
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Zephyr Mini Storage LLC
Entity
Mailing address
1813 MANATEE AVE W, BRADENTON, FL 34205-5926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jan 18, 2012
—
Zephyr Mini Storage LLC
—
Deed Of Trust
related
$2,164,744 · Stonegate Bank
Mar 24, 2008
$100,000
Zephyr Mini Storage LLC
Bleich,benjamin M SR & Evelyn C W
Warranty Deed
$75,000 · Bleich Mark & Carol Tr (tr)
—
—
Zephyr Mini Storage LLC
—
Deed Of Trust
related
$2,374,801 · Stonegate Bank
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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