Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
8523 Nundy Ave Gibsonton, FL 33534-5065
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0905785
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1966
Construction
WOOD
Total area
720 SF
Lot
4.79 ac (208,652 SF)
Zoning code
PD
APN
U2530191RR000000000345
UPID
US18-0905785
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
Wayne F Kelley · 23 yrs held
Wayne F Kelley
since 2002
5 recorded transactions
Zoning & alternative use
PD · Gibsonton, 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 Gibsonton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gibsonton 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
$29,977
Tax year 2023
Assessed value
$882,200
Assessed 2023
Previous assessed
$816,500
+8.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$287,400
Assessed improvement
$594,800
Land market value
$287,400
Improvement market value
$594,800
Total market value
$882,200
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
1966
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
720 SF
Lot
4.79 ac (208,652 SF)
Zoning code
PD
APN
U2530191RR000000000345
UPID
US18-0905785
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Gibsonton, FL
Zoning PD · permitted uses
PD · Gibsonton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gibsonton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
1
Bathrooms
1
Lot
4.79 ac
Current owner
From public records · entity-resolved
Wayne F Kelley
Individual
Mailing address
912 SHLS LNDG DR, BRANDON, FL 33511-8407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2016
—
Desmond Surujbali
—
Deed
related
$565,919 · Platinum Bk
Aug 27, 2002
$181,500
Wayne F Kelley
Palmer,teresa V
Grant Deed
$200,000 · Brandon Mortgage & Investment
Feb 5, 1997
$15,000
Harold P Palmer
Palmer,harold P
Grant Deed
related
—
—
—
Wayne F Kelley
—
Deed Of Trust
related
$185,476 · Miles Carolyn L Trust (ct)
—
—
Desmond Surujbali
—
Loan Modification
related
$565,919 · Platinum Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8523 Nundy Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
