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Property profile & analytics
OFF-MARKET
Estimated value
$10,745,000
Warehouses
525 Recker Hwy Auburndale, FL 33823-4037
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4227429
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1958
Total area
88,124 SF
Lot
14.93 ac (650,394 SF)
APN
252815000000011010
UPID
US18-4227429
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
-
LIOHER Big Box & Wholesale Store Furniture & Home Goods
-
Alvic USA LLC Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.17M
Comparable Approach
Comparable
$11.84M
Blend (final)
Blend
$10.75M
Owner & transaction history
Alvic USA Investment LLC · 8 yrs held
Alvic USA Investment LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$17.9M
+63.2%
Neighborhood: shopping center
$16.2M
+47.3%
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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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%
$14,265,000
6.5%
$13,170,000
7%
$12,225,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,965,000
Current use
RETAIL STORES
$17,900,000
Change: +63% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$16,150,000
Change: +47% · Conversion: Moderate
Blend value · Realmo final
$10.75M
Range $9.67M – $11.82M · ±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
$122 / 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
$67,950
Tax year 2023
Assessed value
$5,179,625
Assessed 2023
Previous assessed
$5,179,625
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$455,279
Assessed improvement
$4,724,346
Land market value
$455,279
Improvement market value
$4,724,346
Total market value
$5,179,625
Applied tax rate
90,000.0000
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
1958
Heating
NONE
Buildings
9
Stories
1
Units
1
Total area
88,124 SF
Lot
14.93 ac (650,394 SF)
APN
252815000000011010
UPID
US18-4227429
Jurisdiction
POLK
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
WAREHOUSE, STORAGE Current
Est. value
$11.0M
RETAIL STORES
Est. value
$17.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1958
Heating
NONE
Stories
1
Buildings
9
Units
1
Lot
14.93 ac
Current owner
From public records · entity-resolved
Alvic USA Investment LLC
Entity
Free & Clear · 8 yrs held
Mailing address
13939 NW 60TH AVE, MIAMI LAKES, FL 33014-3126
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2017
$5,500,000
Alvic USA Investment LLC
Recker INC
Grant Deed
—
Jul 13, 2016
$1,800,000
Recker INC
International Paper Co
Grant Deed
$1,000,000 · Seacoast Nat'l Bk
Aug 26, 2010
$3,500,000
Adams Cold Storage LLC
Baffer Auburndale Prop LLC
Deed Of Trust
related
$2,500,000 · Centerstate Bank Of Florida
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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