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Property profile & analytics
OFF-MARKET
Day care centers
600 7th W Ave 1 Palmetto, FL 34221-5148
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5082958
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,610 SF
Lot
0.24 ac (10,296 SF)
Zoning code
PL_CG
APN
27768.0000-1
UPID
US18-5082958
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Palmetto Warehouse Co LLC · 6 yrs held
Palmetto Warehouse Co LLC
since 2019
7 recorded transactions
Zoning & alternative use
PL_CG · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,855
Tax year 2023
Assessed value
$154,725
Assessed 2023
Previous assessed
$142,235
+8.8% YoY
Effective rate
1.20%
On assessed value
Assessed land
$68,755
Assessed improvement
$85,970
Land market value
$68,755
Improvement market value
$85,970
Total market value
$154,725
Applied tax rate
19.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
3
Total area
1,610 SF
Lot
0.24 ac (10,296 SF)
Zoning code
PL_CG
APN
27768.0000-1
UPID
US18-5082958
Jurisdiction
MANATEE
Zoning & alternative use
PL_CG · Palmetto, FL
Zoning PL_CG · permitted uses
PL_CG · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Palmetto Warehouse Co LLC
Entity
Mailing address
651 17TH ST W UNIT I, PALMETTO, FL 34221-8110
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
$10,100
Palmetto Warehouse Co LLC
Mitchell,barbara E Coc
Trustees Deed
related
—
Jan 16, 2015
$299,000
Barbara E|aaron Veronica D Mitchell
Palmetto Warehouse Co LLC
Warranty Deed
$290,875 · Palmetto Warehouse Co LLC
Jun 21, 2010
$150,000
Palmetto Warehouse Co LLC
Ums Trust 1354
Warranty Deed
$110,000 · Ums Trust #1354 (ct)
Feb 25, 2010
—
Ums Trust 1354
Jarvis,joel H & Cindy J Coc
Trustees Deed
related
—
Apr 4, 2008
—
Joel H Jarvis
—
Trustees Deed
related
$70,000 · Ums Trust #1354 (tr)
Feb 3, 2000
—
Joel H Jarvis
Charter Service & Supply Co Tr
Grant Deed
$70,000 · Ums Trust
—
—
Joel H Jarvis
—
Deed Of Trust
related
$60,000 · Trust No 764207 (tr)
—
—
Joel H Jarvis
—
Deed Of Trust
related
$280,000 · Gordon D Hester
—
—
Joel H Jarvis
—
Deed Of Trust
related
$9,040 · Ums Trust #1354 (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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