Entity Owned Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,650 SF
Lot
969.81 ac (42,244,920 SF)
Zoning code
M
APN
U223019ZZZ000001696800
UPID
US18-8248951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.96M
Comparable Approach
Comparable
$11.06M
Blend (final)
Blend
$9.28M
Owner & transaction history
Zoning & alternative use
M · Riverview, FL
Top alternative use upside
Medical building
$11.3M
+44.7%
Neighborhood: shopping center
$11.1M
+42.5%
Office building
$10.3M
+31.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.28M
Value range
$8.35M – $10.20M
±10% around blend
Estimated value / SF
$203 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$8.35M
blend $9.28M
$10.20M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
45,650 SF
Lot area
969.81 ac
Year built
1927
Stories
1
APN
U223019ZZZ000001696800
Zoning
M
Assessed value
$37,729,878
Annual tax
$672,530
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.96M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.45M
@ 6.5% CAP return
$5.96M
@ 7% CAP return
$5.53M
4
Sales comparison
Partial preview
Sales approach indication
$11.06M
Range $4.30M – $11.06M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.28M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 105 sales
$171
+19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $203/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+45%
vs current-use indication
Neighborhood: Shopping Center
Office Building
Retail Stores
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$37.73M
Move the market yield to see immediate price impact.
Value / SF
$827
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.38M
$47.54M
$33.96M
$26.41M
$2.64M
$52.82M
$37.73M
$29.35M
$2.91M
$58.10M
$41.50M
$32.28M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$672,530
Tax year 2023
Assessed value
$37,729,878
Assessed 2023
Previous assessed
$33,329,000
+13.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$13,186,122
Assessed improvement
$24,543,756
Land market value
$13,186,122
Improvement market value
$24,543,756
Total market value
$37,729,878
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
44
Stories
1
Units
1
Total area
45,650 SF
Lot
969.81 ac (42,244,920 SF)
Zoning code
M
APN
U223019ZZZ000001696800
UPID
US18-8248951
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Riverview, FLZoning M · permitted uses
M · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
44
Units
1
Lot
969.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M
Jurisdiction
Riverview, FL
Recorded code
M
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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