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Property profile & analytics
OFF-MARKET
Estimated value
$9,225,000
Manufacturing properties
470 County Rd 448 Tavares, FL 32778-6107
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5112168
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
CONCRETE BLOCKS
Total area
74,102 SF
Lot
8.72 ac (379,843 SF)
APN
08-20-26-0505-000-00400
UPID
US18-5112168
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
-
JSM and Associates, LLC Engineering Consultant
-
Metro Steel USA Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.22M
Blend (final)
Blend
$9.23M
Owner & transaction history
Nws Holdings LLC · 11 yrs held
Nws Holdings LLC
since 2015
5 recorded transactions
Zoning & alternative use
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 Tavares submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavares 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
INDUSTRIAL (GENERAL)
$8,610,000
Current use
Blend value · Realmo final
$9.23M
Range $8.30M – $10.15M · ±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
$124 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$81,711
Tax year 2021
Assessed value
$6,473,176
Assessed 2023
Previous assessed
$6,473,176
+0.0% YoY
Effective rate
1.26%
On assessed value
Land market value
$812,442
Improvement market value
$5,660,734
Total market value
$6,473,176
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
2003
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
3
Bathrooms
13
Total area
74,102 SF
Lot
8.72 ac (379,843 SF)
APN
08-20-26-0505-000-00400
UPID
US18-5112168
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.6M
INDUSTRIAL (GENERAL) Current
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
2003
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Bathrooms
13
Lot
8.72 ac
Current owner
From public records · entity-resolved
Nws Holdings LLC
Entity
Mailing address
476 SOUTHRIDGE INDUSTRIAL DR, TAVARES, FL 32778-9118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
—
Nws Holdings LLC
—
Deed
related
$3,500,000 · Mainstreet Community Bank Of Florida
Dec 11, 2018
—
Nws Holdings LLC
—
Deed
related
$745,000 · Branch Bk&tr
Jan 16, 2015
$2,500,000
Nws Holdings LLC
Stag III Tavares LLC
Grant Deed
$3,041,300 · Branch Bk&tr
Jan 4, 2007
$7,600,000
Stag III Tavares LLC
G & T Conveyor Co INC
Grant Deed
$8,350,000 · Anglo Irish Bank Corp Plc
—
—
Nws Holdings LLC
—
Deed Of Trust
related
$745,000 · Branch Bk&tr
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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