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Property profile & analytics
OFF-MARKET
Retail space
108 Main St Auburndale, FL 33823-3402
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US19-0704341
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
1,584 SF
Lot
0.04 ac (1,877 SF)
Zoning code
CBD
APN
252811335500000020
UPID
US19-0704341
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
-
Jimmy's Vintage Music (Bike/Boat/Book/etc) Store
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
James R Boreson · 11 yrs held
James R Boreson
since 2015
6 recorded transactions
Zoning & alternative use
CBD · Auburndale, 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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
$2,940
Tax year 2023
Assessed value
$177,628
Assessed 2023
Previous assessed
$168,174
+5.6% YoY
Effective rate
1.66%
On assessed value
Assessed land
$35,644
Assessed improvement
$141,984
Land market value
$35,644
Improvement market value
$141,984
Total market value
$177,628
Applied tax rate
90,330.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Units
1
Total area
1,584 SF
Lot
0.04 ac (1,877 SF)
Zoning code
CBD
APN
252811335500000020
UPID
US19-0704341
Jurisdiction
POLK
Zoning & alternative use
CBD · Auburndale, FL
Zoning CBD · permitted uses
CBD · Auburndale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
James R Boreson
Individual
Mailing address
115 LK THOMAS DR, WINTER HAVEN, FL 33880-1121
Ownership since
2015
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
Jul 2, 2015
$158,500
James R Boreson
Carin Couture INC
Warranty Deed
$126,800 · Midflorida FCU
May 17, 2006
$158,000
Carin Couture INC
Palma,monty A
Warranty Deed
$127,990 · Bank Of America
Jan 2, 2004
$79,300
Monty Palma
Long,dovie D
Grant Deed
—
—
—
Monty A Palma
—
Deed Of Trust
related
$35,000 · David Leipzig
—
—
Monty A Palma
—
Deed Of Trust
related
$79,537 · H D Kilburn
—
—
Monty A Palma
—
Deed Of Trust
related
$45,000 · Clare Poehlman
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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