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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Warehouses
5120 State Rd 674 Wimauma, FL 33598-3514
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3889546
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
STEEL FRAME
Total area
10,800 SF
Lot
4.58 ac (199,505 SF)
Zoning code
PD
APN
U0832202XN000000000150
UPID
US18-3889546
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
$5.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.32M
Owner & transaction history
Life Storage LP · 5 yrs held
Life Storage LP
since 2021
Last sale
$5.3M
6 recorded transactions
Zoning & alternative use
PD · Wimauma, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+227.6%
Apartment house (5+ units)
$3.8M
+137.7%
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 Wimauma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wimauma 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
$5,445,000
ML approach
$5,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,250,000
Change: +228% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,810,000
Change: +138% · Conversion: Difficult
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±10% · vs last sale $5.32M (Mar 12 2021)
Last sale anchor
$5.32M
Mar 12 2021
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
$492 / 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
$119,808
Tax year 2023
Assessed value
$7,032,100
Assessed 2023
Previous assessed
$6,353,400
+10.7% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,156,011
Assessed improvement
$5,876,089
Land market value
$1,156,011
Improvement market value
$5,876,089
Total market value
$7,032,100
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
1999
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
1
Bathrooms
1
Total area
10,800 SF
Lot
4.58 ac (199,505 SF)
Zoning code
PD
APN
U0832202XN000000000150
UPID
US18-3889546
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Wimauma, FL
Zoning PD · permitted uses
PD · Wimauma, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wimauma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
6
Bathrooms
1
Lot
4.58 ac
Current owner
From public records · entity-resolved
Life Storage LP
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2021
$5,315,000
Life Storage LP
Big Jim Ix LLC
Special Warranty Deed
—
Jan 11, 2016
$5,350,000
Big Jim Ix LLC
Ez Storage Florida LLC
Warranty Deed
—
Aug 30, 2013
$1,000,000
Ez Storage Florida LLC
Callender,david
Warranty Deed
—
Oct 19, 1999
—
David Callender
—
Grant Deed
related
$300,000 · Regions Bank
Jan 9, 1998
$75,000
David Callender
Laney,virginia M
Grant Deed
—
—
—
Callender Ents LLC
—
Deed Of Trust
related
$500,000 · Wachovia Bank NA
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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