402 Ball St Plant City, FL 33563-5302
Individually Owned
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$885k
Range $797k – $974k (±10%)
Property ID
US18-1440754
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Construction
STEEL FRAME
Total area
8,000 SF
Lot
2.69 ac (117,285 SF)
Zoning code
MD
APN
P3228225DS000002000030
UPID
US18-1440754
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Facility
-
Gym & Fitness Center
-
Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$885k
Owner & transaction history
since 2026
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
MD · Plant City, FL
Zoning description
The purpose of MD zone is to provide as a single unit, but it is not treated homogenously throughout instead, each street within the district is classified as one of three street types
General category
UNKNOWN
Top alternative use upside
Industrial (general)
$1.4M
+134.4%
Retail stores
$1.2M
+105.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$885k
Value range
$797k – $974k
±10% around blend
Estimated value / SF
$111 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
80
$797k
blend $885k
$974k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,000 SF
Lot area
2.69 ac
Year built
1975
Stories
1
APN
P3228225DS000002000030
Assessed value
$1,038,000
Annual tax
$17,146
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.24M
@ 6.5% CAP return
$1.14M
@ 7% CAP return
$1.06M
4
Sales comparison
Partial preview
Sales approach indication
$1.29M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.3 mi away · 7,690 SF
11.6 mi away · 7,087 SF
12.5 mi away · 10,000 SF
15.1 mi away · 9,400 SF
20.4 mi away · 6,412 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$885k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$73
+51%
Submarket 37 sales
$85
+31%
County 367 sales
$148
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $111/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+134%
vs current-use indication
Retail Stores
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.13M
Move the market yield to see immediate price impact.
Value / SF
$141
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$71k
$1.42M
$1.01M
$788k
$79k
$1.58M
$1.13M
$875k
$87k
$1.73M
$1.24M
$963k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$475k
6.6 mi · Aug 2025 · $65/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,146
Tax year 2023
Assessed value
$1,038,000
Assessed 2023
Previous assessed
$943,000
+10.1% YoY
Effective rate
1.65%
On assessed value
Assessed land
$731,401
Assessed improvement
$306,599
Land market value
$731,401
Improvement market value
$306,599
Total market value
$1,038,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
25
Rooms
50
Total area
8,000 SF
Lot
2.69 ac (117,285 SF)
Zoning code
MD
APN
P3228225DS000002000030
UPID
US18-1440754
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
MD · Plant City, FLZoning MD · permitted uses
MD · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of MD zone is to provide as a single unit, but it is not treated homogenously throughout instead, each street within the district is classified as one of three street types
General category
UNKNOWN
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
25
Rooms
50
Lot
2.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MD
UNKNOWN
Jurisdiction
Plant City, FL
Recorded code
MD
Official district
MD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MD in Plant City, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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