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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage
701 Mckean St Auburndale, FL 33823-4071
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4740141
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1972
Total area
4,096 SF
Lot
11.66 ac (508,084 SF)
APN
252815000000011110
UPID
US18-4740141
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
-
Cold-Link Logistics Storage Facility Warehouse & Storage
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
Mg88 Auburndale Cold Storage LLC · 4 yrs held
Mg88 Auburndale Cold Storage LLC
since 2022
Last sale
$31.5M
7 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 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
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
$334,471
Tax year 2023
Assessed value
$25,495,735
Assessed 2023
Previous assessed
$25,495,735
+0.0% YoY
Effective rate
1.31%
On assessed value
Total market value
$25,495,735
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
8
Stories
1
Units
1
Total area
4,096 SF
Lot
11.66 ac (508,084 SF)
APN
252815000000011110
UPID
US18-4740141
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
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Buildings
8
Units
1
Lot
11.66 ac
Current owner
From public records · entity-resolved
Mg88 Auburndale Cold Storage LLC
Entity
Mailing address
501 NE 183RD ST, MIAMI, FL 33179-4524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
$31,500,000
Mg88 Auburndale Cold Storage LLC
Adams Cold Storage LLC
Special Warranty Deed
$25,440,000 · City National Bank Of Florida
Mar 14, 2019
—
Adams Cold Storage LLC
—
Deed
related
$500,000 · Centerstate Bk NA
May 19, 2016
—
Adams Cold Storage LLC
—
Deed
related
$8,500,000 · Centerstate Bk/fl
May 11, 2010
—
Ruth Morley
Toler Alma R Trust
Quit Claim Deed
related
—
May 7, 2009
—
Mcdonald Auburndale Prop LLC
Mcdonald,john M III & Dawn R
Quit Claim Deed
related
—
Jan 8, 2009
—
Norton Auburndale Property LLC
Norton,susan E
Quit Claim Deed
related
—
Apr 28, 2008
—
Virginia B Pitts
Pitts,virginia B
Quit Claim Deed
related
—
Mar 21, 2007
—
Virginia B Pitts
Pitts,virginia B
Quit Claim Deed
related
—
Apr 27, 2006
—
Wildlife Care Center
Mcdonald S C Living Trust
Quit Claim Deed
related
—
—
—
Adams Cold Storage LLC
—
Loan Modification
related
$500,000 · Centerstate Bk NA
—
—
Adams Cold Storage LLC
—
Loan Modification
related
$8,500,000 · Centerstate Bk/fl
—
—
Adams Cold Storage LLC
—
Loan Modification
related
$8,500,000 · Centerstate Bk/fl
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.
Try Rey
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