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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Distribution centers
7520 Westpark Pl Palmetto, FL 34221-2029
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4216805
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
19,152 SF
Lot
2.44 ac (106,461 SF)
Zoning code
PD-MU
APN
6744.0313-9
UPID
US18-4216805
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
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Caliber Properties LLC · 3 yrs held
Caliber Properties LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
PD-MU · 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
Method
Estimation
Statistic approach
$1,710,000
ML approach
$1,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,090,000
Current use
INDUSTRIAL (GENERAL)
$2,855,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $2.05M (Mar 15 2023)
Last sale anchor
$2.05M
Mar 15 2023
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
$99 / 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
$32,873
Tax year 2023
Assessed value
$2,005,482
Assessed 2023
Previous assessed
$2,144,809
-6.5% YoY
Effective rate
1.64%
On assessed value
Assessed land
$232,709
Assessed improvement
$1,772,773
Land market value
$232,709
Improvement market value
$1,772,773
Total market value
$2,005,482
Applied tax rate
1.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
19,152 SF
Lot
2.44 ac (106,461 SF)
Zoning code
PD-MU
APN
6744.0313-9
UPID
US18-4216805
Jurisdiction
MANATEE
Zoning & alternative use
PD-MU · Palmetto, FL
Zoning PD-MU · permitted uses
PD-MU · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Caliber Properties LLC
Entity
Mailing address
7520 WESTPARK PL, PALMETTO, FL 34221-2029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jul 22, 2024
—
Caliber Properties LLC
—
Deed
related
$1,596,000 · American Community Bank & Trust
Mar 15, 2023
$2,050,000
Caliber Properties LLC
Florida Gulf Properties LLC
Warranty Deed
$1,640,000 · Manufacturers Bank
Apr 8, 2020
—
Florida Gulf Properties LLC
—
Deed
related
$1,500,000 · Bank Of Tampa
Mar 31, 2020
—
Florida Gulf Properties LLC
—
Deed
related
$1,100,000 · Bank Of Tampa
Dec 29, 2004
$266,200
Florida Gulf Properties LLC
Miller Ents Of Manatee Lc
Warranty Deed
—
—
—
Florida Gulf Properties LLC
—
Loan Modification
related
$1,174,792 · Merchants & Manufactures Bk
—
—
Florida Gulf Properties LLC
—
Deed Of Trust
related
$1,154,900 · Homebanc
—
—
Florida Gulf Properties LLC
—
Deed Of Trust
related
$1,100,000 · Bank Of Tampa
—
—
Florida Gulf Properties LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of Tampa
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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