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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Retail space
109 Us Hwy 17th 92nd N Davenport, FL 33837
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6284245
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
9,793 SF
Lot
1.53 ac (66,690 SF)
Zoning code
M-1
APN
272703717500027020
UPID
US18-6284245
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
$2.21M
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$2.00M
Owner & transaction history
Charaf Investments Of Florida INC · 4 yrs held
Charaf Investments Of Florida INC
since 2022
Last sale
$2.3M
4 recorded transactions
Zoning & alternative use
M-1 · Davenport, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+99.1%
Commercial (general)
$2.8M
+82.3%
Office building
$2.4M
+58.7%
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 Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport 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
Method
Estimation
Statistic approach
$1,770,000
ML approach
$2,210,000
CAP Approach
CAP Return
Estimation
6%
$1,835,000
6.5%
$1,690,000
7%
$1,570,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,520,000
Current use
MEDICAL BUILDING
$3,030,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,775,000
Change: +82% · Conversion: Easy
OFFICE BUILDING
$2,415,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,385,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,795,000
Change: +18% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,515,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±10% · vs last sale $2.28M (Mar 9 2022)
Last sale anchor
$2.28M
Mar 9 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$204 / SF
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
$21,057
Tax year 2023
Assessed value
$1,064,076
Assessed 2023
Previous assessed
$1,048,360
+1.5% YoY
Effective rate
1.98%
On assessed value
Assessed land
$233,405
Assessed improvement
$830,671
Land market value
$233,405
Improvement market value
$830,671
Total market value
$1,064,076
Applied tax rate
90,430.0000
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
2014
Heating
NONE
Stories
1
Units
1
Total area
9,793 SF
Lot
1.53 ac (66,690 SF)
Zoning code
M-1
APN
272703717500027020
UPID
US18-6284245
Jurisdiction
POLK
Zoning & alternative use
M-1 · Davenport, FL
Zoning M-1 · permitted uses
M-1 · Davenport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davenport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Units
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Charaf Investments Of Florida INC
Entity
Mailing address
6175 NW 167TH ST STE G26, HIALEAH, FL 33015-4363
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
$2,275,000
Charaf Investments Of Florida INC
Breakneck LLC
Warranty Deed
$1,150,000 · First American Bank
Jan 20, 2017
$2,000,000
Breakneck LLC
Gma Industrial Corp
Warranty Deed
$1,100,000 · Northern Tr
Jul 15, 2015
$1,910,000
Gma Industrial Corp
Warman E D Living Trust
Warranty Deed
—
Mar 5, 2014
$1,932,800
Warman,e D Living Trust
Palmetto Davenport-hwy 17-92 L
Warranty Deed
$1,000,000 · Intervest Nat'l Bk
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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