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Property profile & analytics
OFF-MARKET
Office Spaces
108 Citrus St Altamonte Springs, FL 32714-2502
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5408577
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Construction
CONCRETE
Total area
2,550 SF
Lot
0.06 ac (2,569 SF)
APN
11-21-29-525-0000-00C0
UPID
US18-5408577
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
Current use
Occupant on record · Public records
-
Bruce F. Hertz, PhD Physician
-
Northside Psychological Services Physician Medical Clinic
-
Leigh Rosenberg Physician Medical Clinic
-
Healing Psychiatry of Florida | Psychiatry, Therapy, & Counseling Psychiatrist Psychotherapist
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
Healing Psychiatry Of Florida INC · 3 yrs held
Healing Psychiatry Of Florida INC
since 2022
Last sale
$460,000
5 recorded transactions
Zoning & alternative use
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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
$5,090
Tax year 2023
Assessed value
$382,500
Assessed 2023
Previous assessed
$357,000
+7.1% YoY
Effective rate
1.33%
On assessed value
Improvement market value
$382,500
Total market value
$382,500
Applied tax rate
1.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,550 SF
Lot
0.06 ac (2,569 SF)
APN
11-21-29-525-0000-00C0
UPID
US18-5408577
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Healing Psychiatry Of Florida INC
Entity
Mailing address
1495 S VOLUSIA AVE STE #203, ORANGE CITY, FL 32763-7047
Ownership since
2022
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
Nov 18, 2022
$460,000
Healing Psychiatry Of Florida INC
G3 Land Company LLC
Warranty Deed
$425,000 · Fountainhead Sbf LLC
Oct 14, 2016
—
G3 Land Co LLC
—
Deed
related
$215,000 · First Green Bk
Jul 27, 2015
$269,000
G3 Land Co LLC
Alan E Rhodus Cpa Pa
Grant Deed
—
—
—
G3 Land Co LLC
—
Deed Of Trust
related
$215,000 · First Green Bk
—
—
Alan E Rhodus
—
Deed Of Trust
related
$66,187 · Orange 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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