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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Warehouses
5080 Hwy 60th E Mulberry, FL 33860
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-9717777
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Total area
4,800 SF
Lot
6.39 ac (278,261 SF)
Zoning code
C-4
APN
243008000000011050
UPID
US18-9717777
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
$715k
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$710k
Owner & transaction history
Raider Realty LLC · 11 yrs held
Raider Realty LLC
since 2015
6 recorded transactions
Zoning & alternative use
C-4 · Mulberry, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Forms | Mulberry, FL
Top alternative use upside
Auto repair, garage
$1.2M
+95.6%
Neighborhood: shopping center
$880,000
+47.3%
Retail stores
$745,000
+24.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$595,000
Current use
AUTO REPAIR, GARAGE
$1,170,000
Change: +96% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: +47% · Conversion: Moderate
RETAIL STORES
$745,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$148 / 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
$9,191
Tax year 2023
Assessed value
$674,857
Assessed 2023
Previous assessed
$686,751
-1.7% YoY
Effective rate
1.36%
On assessed value
Assessed land
$236,515
Assessed improvement
$438,342
Land market value
$236,515
Improvement market value
$438,342
Total market value
$674,857
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
1965
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
4,800 SF
Lot
6.39 ac (278,261 SF)
Zoning code
C-4
APN
243008000000011050
UPID
US18-9717777
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
RETAIL STORES
Est. value
$745,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
6.39 ac
Current owner
From public records · entity-resolved
Raider Realty LLC
Entity
Mailing address
4103 NW 132ND ST, OPA LOCKA, FL 33054-4510
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2015
$1,083,100
Raider Realty LLC
Raider Environmental Services/
Grant Deed
related
—
Feb 9, 2012
$630,000
Raider Environmental Svcs INC
Paul,dennis & Debra
Warranty Deed
$2,284,000 · Suntrust Bank NA
Apr 21, 2008
$480,000
Dennis Paul
Marshall Jeffrey D
Warranty Deed
$4,500 · Marr Stuart D (te)
Mar 4, 2005
$400,000
Marshall Jeffrey D Tr
Ap Green Services INC
Grant Deed
—
—
—
Raider Environmental Svcs INC
—
Deed Of Trust
related
$1,202,524 · Suntrust Bank NA
—
—
Dennis Paul
—
Deed Of Trust
related
$50,000 · Marr Stuart D (te)
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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