941 4th SW St Ruskin, FL 33570
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$27.96M
Range $25.16M – $30.75M (±10%)
Property ID
US18-4045326
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
129,730 SF
Lot
50.94 ac (2,218,876 SF)
Zoning code
PD
APN
U073219ZZZ000001772600
UPID
US18-4045326
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.24M
Comparable Approach
Comparable
$31.43M
Blend (final)
Blend
$27.96M
Owner & transaction history
since 2019
3 recorded transactions
Zoning & alternative use
PD · Ruskin, FL
Top alternative use upside
Apartment house (5+ units)
$45.8M
+106.1%
Medical building
$32.1M
+44.7%
Neighborhood: shopping center
$31.7M
+42.5%
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.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$27.96M
Value range
$25.16M – $30.75M
±10% around blend
Estimated value / SF
$215 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$25.16M
blend $27.96M
$30.75M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
129,730 SF
Lot area
50.94 ac
Year built
2021
Stories
1
APN
U073219ZZZ000001772600
Assessed value
$22,182,038
Annual tax
$396,348
3
Income approach: direct capitalization
Partial preview
Income approach indication
$24.24M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$26.26M
@ 6.5% CAP return
$24.24M
@ 7% CAP return
$22.51M
4
Sales comparison
Partial preview
Sales approach indication
$31.43M
Range $12.21M – $31.43M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$27.96M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 105 sales
$171
+26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $215/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+106%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Retail Stores
Office Building
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
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
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
Analytics Standard · 5 reports
from $99/month
from $99/month
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$22.18M
Move the market yield to see immediate price impact.
Value / SF
$171
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%
$1.40M
$27.95M
$19.96M
$15.53M
$1.55M
$31.05M
$22.18M
$17.25M
$1.71M
$34.16M
$24.40M
$18.98M
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
$396,348
Tax year 2023
Assessed value
$22,182,038
Assessed 2023
Previous assessed
$19,881,200
+11.6% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,903,204
Assessed improvement
$20,278,834
Land market value
$1,903,204
Improvement market value
$20,278,834
Total market value
$22,182,038
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
5
Total area
129,730 SF
Lot
50.94 ac (2,218,876 SF)
Zoning code
PD
APN
U073219ZZZ000001772600
UPID
US18-4045326
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Ruskin, FLZoning PD · permitted uses
PD · Ruskin, 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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
5
Lot
50.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PD
Jurisdiction
Ruskin, FL
Recorded code
PD
Ownership Intelligence
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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