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Property profile & analytics
OFF-MARKET
Estimated value
$12,705,000
Manufacturing properties
4322 Pet Ln Lutz, FL 33559-6349
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US19-0745695
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Total area
106,101 SF
Lot
7.69 ac (334,900 SF)
Zoning code
MPUD
APN
14-26-19-0100-00000-0030
UPID
US19-0745695
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
-
Soule Packaging Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.10M
Comparable Approach
Comparable
$12.31M
Blend (final)
Blend
$12.71M
Owner & transaction history
Tds Property Partners LLP · 19 yrs held
Tds Property Partners LLP
since 2006
7 recorded transactions
Zoning & alternative use
MPUD · Lutz, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.6M
+51.8%
Auto repair, garage
$17.3M
+34.5%
Office building
$13.3M
+3.0%
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 Lutz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutz 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%
$14,190,000
6.5%
$13,095,000
7%
$12,160,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,895,000
Current use
COMMERCIAL (GENERAL)
$19,580,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,335,000
Change: +34% · Conversion: Easy
OFFICE BUILDING
$13,280,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$10,925,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$12.71M
Range $11.43M – $13.98M · ±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
$120 / 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
$91,564
Tax year 2023
Assessed value
$5,220,816
Assessed 2023
Previous assessed
$4,896,284
+6.6% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,018,800
Assessed improvement
$4,202,016
Land market value
$1,018,800
Improvement market value
$4,202,016
Total market value
$5,220,816
Applied tax rate
3,600.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
NONE
Stories
2
Units
336
Bathrooms
9
Total area
106,101 SF
Lot
7.69 ac (334,900 SF)
Zoning code
MPUD
APN
14-26-19-0100-00000-0030
UPID
US19-0745695
Jurisdiction
PASCO
Zoning & alternative use
MPUD · Lutz, FL
Zoning MPUD · permitted uses
MPUD · Lutz, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutz. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$19.6M
AUTO REPAIR, GARAGE
Est. value
$17.3M
OFFICE BUILDING
Est. value
$13.3M
MEDICAL BUILDING
Est. value
$10.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL 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
2001
Heating
NONE
Cooling
Yes
Stories
2
Units
336
Bathrooms
9
Lot
7.69 ac
Current owner
From public records · entity-resolved
Tds Property Partners LLP
Entity
Mailing address
4322 PET LN, LUTZ, FL 33559-6349
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2022
—
The Soule Co
—
Deed
related
$2,550,000 · Bank Of America NA
Jul 7, 2022
—
The Soule Co
—
Deed
related
$2,550,000 · Bank Of America NA
Jan 28, 2022
—
Gjf Properties LLC
—
Deed
related
$2,550,000 · Bank Of America NA
May 12, 2021
—
The Soule Co
—
Deed
related
$5,815,000 · Bank Of America NA
Dec 29, 2006
$541,015
Tds Property Partners LLP
Hr Pasco LLP
Warranty Deed
$405,000 · Bay Cities Bank
Aug 9, 2005
$6,223,927
Hr Pasco LLP
Pac-med INC
Grant Deed
$6,950,000 · Branch Banking & Trust Co
Dec 21, 2004
$3,767,000
Soule Co
Pac-med INC
Grant Deed
—
—
—
Soule Co
—
Deed Of Trust
related
$1,520,245 · Bank Of America
—
—
Soule Co
—
Deed Of Trust
related
$800,000 · Bank Of America
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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