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Property profile & analytics
OFF-MARKET
Office buildings
10704 Shankhill Rd Sebring, FL 33875
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-3804523
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Construction
CONCRETE BLOCKS
Total area
1,980 SF
Lot
1 ac (43,560 SF)
Zoning code
R1A
APN
C-24-35-28-160-0570-0010
UPID
US18-3804523
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
Adeline Francois · 20 yrs held
Adeline Francois
since 2006
4 recorded transactions
Zoning & alternative use
R1A · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this R1A residential district is a single-family residential area
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
932.10 ac
Source
Realmo
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 Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring 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
$1,502
Tax year 2023
Assessed value
$101,760
Assessed 2023
Previous assessed
$159,294
-36.1% YoY
Effective rate
1.48%
On assessed value
Assessed land
$26,300
Assessed improvement
$75,460
Total market value
$196,260
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
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1991
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
1
Total area
1,980 SF
Lot
1 ac (43,560 SF)
Zoning code
R1A
APN
C-24-35-28-160-0570-0010
UPID
US18-3804523
Jurisdiction
HIGHLANDS
Zoning & alternative use
R1A · Sebring, FLZoning R1A · permitted uses
R1A · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this R1A residential district is a single-family residential area
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
932.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Adeline Francois
Individual
Mailing address
PO BOX 723, SEBRING, FL 33871-0723
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2006
$37,500
Adeline Francois
Gary Graves
Warranty Deed
$32,591 · Wachovia Bank NA
—
—
Hidden Acres Nursery INC
—
Deed Of Trust
related
$550,000 · Highlands Independent Bank
—
—
William C Mcclelland
—
Deed Of Trust
related
$124,950 · Midflorida FCU
—
—
Hidden Acres Nursery INC
—
Deed Of Trust
related
$978,000 · Highlands Independent 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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