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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Warehouses
404 Frontage Rd Plant City, FL 33563-9188
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1429070
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Construction
WOOD
Total area
16,811 SF
Lot
2.24 ac (97,675 SF)
Zoning code
M-1A
APN
P212822ZZZ000006012400
UPID
US18-1429070
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
Current use
Occupant on record · Public records
-
GULF COAST TURF AND TRACTOR, LLC Factory Industrial Manufacturer
-
Florida Coast Equipment Agricultural Supply
-
Big Orange Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Secp PC LLC · 4 yrs held
Secp PC LLC
since 2021
Last sale
$2.3M
4 recorded transactions
Zoning & alternative use
M-1A · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.2M
+158.4%
Industrial (general)
$2.9M
+134.4%
Retail stores
$2.5M
+105.5%
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant 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
$2,305,000
ML approach
$2,265,000
CAP Approach
CAP Return
Estimation
6%
$2,600,000
6.5%
$2,400,000
7%
$2,225,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,170,000
Change: +158% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,880,000
Change: +134% · Conversion: Easy
RETAIL STORES
$2,520,000
Change: +105% · Conversion: Moderate
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.25M (Oct 22 2021)
Last sale anchor
$2.25M
Oct 22 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
$135 / 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
$15,892
Tax year 2023
Assessed value
$936,700
Assessed 2023
Previous assessed
$936,700
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$237,331
Assessed improvement
$699,369
Land market value
$237,331
Improvement market value
$699,369
Total market value
$936,700
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
1975
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
4
Rooms
4
Total area
16,811 SF
Lot
2.24 ac (97,675 SF)
Zoning code
M-1A
APN
P212822ZZZ000006012400
UPID
US18-1429070
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-1A · Plant City, FL
Zoning M-1A · permitted uses
M-1A · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1975
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Rooms
4
Lot
2.24 ac
Current owner
From public records · entity-resolved
Secp PC LLC
Entity
Mailing address
1 N FEDERAL HWY, BOCA RATON, FL 33432-3900
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2021
$2,250,000
Secp PC LLC
Rowe Properties LLC
Special Warranty Deed
$2,070,000 · Truist Bank
Mar 6, 2019
$100
Rowe Properties LLC
Gulf Coast Turf & Tractor LLC
Grant Deed
—
Jul 14, 2006
—
Gulf Coast Turf & Tractor LLC
Rowe,robert M
Grant Deed
—
Aug 28, 2000
$285,000
Chares D Barron
Welling,p J & Theresa
Grant Deed
—
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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