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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Manufacturing properties
4609 Reece Rd Plant City, FL 33566-0060
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6123439
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
STEEL FRAME
Total area
12,615 SF
Lot
5.15 ac (224,252 SF)
Zoning code
M-AP
APN
P022921ZZZ000005992900
UPID
US18-6123439
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
-
PTR Baler and Compactor Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.39M
Owner & transaction history
Ptr Baler And Compactor LLC · 3 yrs held
Ptr Baler And Compactor LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
M-AP · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,475,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,160,000
Current use
RETAIL STORES
$1,895,000
Change: -12% · Conversion: Moderate
OFFICE BUILDING
$1,780,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.58M (Jan 31 2023)
Last sale anchor
$1.58M
Jan 31 2023
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
$110 / 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
$24,722
Tax year 2023
Assessed value
$1,400,900
Assessed 2023
Previous assessed
$1,400,900
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$504,006
Assessed improvement
$896,894
Land market value
$504,006
Improvement market value
$896,894
Total market value
$1,400,900
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
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
8
Rooms
8
Total area
12,615 SF
Lot
5.15 ac (224,252 SF)
Zoning code
M-AP
APN
P022921ZZZ000005992900
UPID
US18-6123439
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-AP · Plant City, FL
Zoning M-AP · permitted uses
M-AP · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE 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
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
8
Rooms
8
Lot
5.15 ac
Current owner
From public records · entity-resolved
Ptr Baler And Compactor LLC
Entity
Free & Clear · 3 yrs held
Mailing address
C/O ONCAP MANAGEMENT PARTNERS LP 381ST FL 48TH TORONTO ON
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2023
$1,580,000
Ptr Baler And Compactor LLC
Ptr Associates LLC
Special Warranty Deed
—
Dec 5, 2015
$620,000
Ptr Associates LLC
Nepreo INC
Warranty Deed
—
Mar 12, 2015
$30,100
Nepreo INC
Deambrose Sherwood J Coc
Trustees Deed
—
Aug 13, 2014
—
Nepreo INC
Insultech INC Coc
Trustees Deed
related
—
Aug 4, 2014
$10,100
Nepreo
Deambrose,sherwood J Coc
Trustees Deed
—
Dec 15, 2004
—
Sherwood J Deambrose
Deambrose,sherwood J & Karen K
Quit Claim Deed
related
—
—
—
Insultech INC
—
Deed Of Trust
related
$550,000 · Bank Of America
—
—
Sherwood J Deambrose
—
Deed Of Trust
related
$80,000 · Mid Florida Lawn INC
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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