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Property profile & analytics
OFF-MARKET
Manufacturing properties
1012 Memorial Dr, Avon Park, FL 33825-3785
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5267771
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
2,880 SF
Lot
0.96 ac (41,818 SF)
Zoning code
B4
APN
C-35-33-28-A00-0140-0000
UPID
US18-5267771
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
Dennis Morel · 5 yrs held
Dennis Morel
since 2021
Last sale
$47,000
5 recorded transactions
Zoning & alternative use
B4 · Avon Park, 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 Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park 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
$1,190
Tax year 2023
Assessed value
$78,484
Assessed 2023
Previous assessed
$64,717
+21.3% YoY
Effective rate
1.52%
On assessed value
Assessed land
$7,680
Assessed improvement
$70,804
Land market value
$7,680
Improvement market value
$70,804
Total market value
$78,484
Applied tax rate
40.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
2,880 SF
Lot
0.96 ac (41,818 SF)
Zoning code
B4
APN
C-35-33-28-A00-0140-0000
UPID
US18-5267771
Jurisdiction
HIGHLANDS
Zoning & alternative use
B4 · Avon Park, FL
Zoning B4 · permitted uses
B4 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avon Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Dennis Morel
Individual
Mailing address
130 HOG RD, AVON PARK, FL 33825-9803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jan 11, 2021
—
Dennis Morel
Dennis Morel
Intrafamily Transfer
related
—
Nov 22, 2010
—
Dennis Morel
Morel,dennis & Linda J
Quit Claim Deed
related
—
Aug 6, 1998
$47,000
Dennis Morel
Hutchinson,william F
Grant Deed
$37,000 · Wauchula State Bank
—
—
Dennis Morel
—
Deed Of Trust
related
$23,479 · Wauchula State Bank
—
—
Linda J Morel
—
Loan Modification
related
$25,458 · Wauchula State Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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