Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
4090 Hwy 60th E Mulberry, FL 33860
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3766363
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1968
Total area
10,446 SF
Lot
1.49 ac (64,948 SF)
Zoning code
C-4
APN
243008000000033040
UPID
US18-3766363
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$420k
Blend (final)
Blend
$510k
Owner & transaction history
John Chiasson · 5 yrs held
John Chiasson
since 2021
4 recorded transactions
Zoning & alternative use
C-4 · Mulberry, FL
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 Mulberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mulberry 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$49 / 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
$2,529
Tax year 2023
Assessed value
$172,989
Assessed 2023
Previous assessed
$172,989
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$55,214
Assessed improvement
$117,775
Land market value
$55,214
Improvement market value
$117,775
Total market value
$172,989
Applied tax rate
91,000.0000
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
1968
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
10,446 SF
Lot
1.49 ac (64,948 SF)
Zoning code
C-4
APN
243008000000033040
UPID
US18-3766363
Jurisdiction
POLK
Zoning & alternative use
C-4 · Mulberry, FLZoning C-4 · permitted uses
C-4 · Mulberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Forms | Mulberry, FL
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
John Chiasson
Individual
Mailing address
3125 BLACKWATER OAKS WAY, MULBERRY, FL 33860-5552
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
Dec 28, 2023
—
Jon Chiasson
—
Deed
related
$600,000 · Suncoast Cu
Apr 7, 2021
—
John Chiasson
Compressed Air Products INC
Re-recorded Document
related
—
Dec 21, 2020
$315,000
Jon Chiasson
Compressed Air Products INC
Warranty Deed
$190,000 · Compressed Air Products INC
Feb 17, 2005
—
Compressed Air Products INC
—
Deed Of Trust
related
$300,000 · Idmon JR Anderson
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4090 Hwy 60th E?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
