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Property profile & analytics
OFF-MARKET
Estimated value
$2,340,000
Showrooms
405 Ter Dr Plant City, FL 33563-9020
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-3568805
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
STEEL FRAME
Total area
22,272 SF
Lot
3.8 ac (165,527 SF)
Zoning code
CI
APN
U212822ZZZ000004749300
UPID
US18-3568805
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
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$2.34M
Owner & transaction history
Beisler Properties INC · 12 yrs held
Beisler Properties INC
since 2014
4 recorded transactions
Zoning & alternative use
CI · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.8M
+51.2%
Retail stores
$3.3M
+32.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,520,000
Current use
INDUSTRIAL (GENERAL)
$3,810,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$3,340,000
Change: +32% · Conversion: Easy
Blend value · Realmo final
$2.34M
Range $2.11M – $2.57M · ±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
$105 / 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
$21,699
Tax year 2023
Assessed value
$1,288,400
Assessed 2023
Previous assessed
$1,089,800
+18.2% YoY
Effective rate
1.68%
On assessed value
Assessed land
$823,639
Assessed improvement
$464,761
Land market value
$823,639
Improvement market value
$464,761
Total market value
$1,288,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
22,272 SF
Lot
3.8 ac (165,527 SF)
Zoning code
CI
APN
U212822ZZZ000004749300
UPID
US18-3568805
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Plant City, FL
Zoning CI · permitted uses
CI · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
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
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
3.8 ac
Current owner
From public records · entity-resolved
Beisler Properties INC
Entity
Mailing address
12920 MORRIS BRG RD, THONOTOSASSA, FL 33592-2434
Ownership since
2014
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
Jun 3, 2014
$550,000
Beisler Properties INC
Regions Bank
Special Warranty Deed
$440,000 · Suntrust Bank
Aug 19, 2013
—
Regions Bk
Traffic Services INC
Deed In Lieu Of Foreclosure
related
—
Jan 14, 2003
$350,000
Traffic Services INC
Thomas,jerome H
Grant Deed
$280,000 · Jerome H Thomas
—
—
Traffic Services INC
—
Deed Of Trust
related
$909,500 · Amsouth 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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