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Property profile & analytics
OFF-MARKET
Warehouses
980 State Rd 37th S Mulberry, FL 33860-7960
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4401598
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Total area
6,000 SF
Lot
1.86 ac (81,022 SF)
Zoning code
C-3
APN
233011000000012050
UPID
US18-4401598
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
Daniel G Odom · 10 yrs held
Daniel G Odom
since 2016
6 recorded transactions
Zoning & alternative use
C-3 · Mulberry, FL
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 Mulberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mulberry 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
$2,388
Tax year 2023
Assessed value
$170,032
Assessed 2023
Previous assessed
$187,118
-9.1% YoY
Effective rate
1.40%
On assessed value
Assessed land
$56,722
Assessed improvement
$113,310
Land market value
$56,722
Improvement market value
$113,310
Total market value
$170,032
Applied tax rate
91,000.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Units
1
Total area
6,000 SF
Lot
1.86 ac (81,022 SF)
Zoning code
C-3
APN
233011000000012050
UPID
US18-4401598
Jurisdiction
POLK
Zoning & alternative use
C-3 · Mulberry, FLZoning C-3 · permitted uses
C-3 · Mulberry, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Forms | Mulberry, FL
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Units
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Daniel G Odom
Individual
Mailing address
4110 SABAL PALM DR, MULBERRY, FL 33860-9308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2016
—
Daniel G Odom
Odom,daniel G
Quit Claim Deed
related
—
Mar 18, 2008
—
Daniel G Odom
Cadogan,james P
Quit Claim Deed
related
—
Nov 24, 2004
$220,000
James P Cadogan
Florida Indl Products INC
Warranty Deed
$130,000 · Citrus & Chemical Bank
Jun 28, 1999
$182,000
Florida Industrial Products In
Consolidated Stainless INC
Grant Deed
$145,600 · Southtrust Bank NA
—
—
James P Cadogan
—
Deed Of Trust
related
$20,000 · Citrus & Chemical Bank
—
—
Daniel G Odom
—
Deed Of Trust
related
$135,000 · Midflorida FCU
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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