New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,855,000
Retail properties & Spaces
11101 Us Hwy 441 Tavares, FL 32778-4647
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3402170
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1998
Construction
CONCRETE BLOCKS
Total area
14,004 SF
Lot
2.75 ac (119,765 SF)
APN
24-19-25-0003-000-06000
UPID
US18-3402170
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
$2.55M
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$3.86M
Owner & transaction history
Kalm Enterprise LLC · 3 yrs held
Kalm Enterprise LLC
since 2023
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.2M
+109.0%
Commercial (general)
$4.9M
+63.0%
Neighborhood: shopping center
$4.1M
+37.7%
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 Tavares submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavares 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
$4,935,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,760,000
6.5%
$2,550,000
7%
$2,365,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,990,000
Current use
RESTAURANT
$6,245,000
Change: +109% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,870,000
Change: +63% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,115,000
Change: +38% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,275,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$2,985,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±10% · vs last sale $4.64M (Jan 26 2023)
Last sale anchor
$4.64M
Jan 26 2023
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
$275 / 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
$31,900
Tax year 2023
Assessed value
$1,927,583
Assessed 2023
Previous assessed
$1,836,905
+4.9% YoY
Effective rate
1.65%
On assessed value
Land market value
$1,195,554
Improvement market value
$732,029
Total market value
$1,927,583
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
14,004 SF
Lot
2.75 ac (119,765 SF)
APN
24-19-25-0003-000-06000
UPID
US18-3402170
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.0M
RESTAURANT
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.75 ac
Current owner
From public records · entity-resolved
Kalm Enterprise LLC
Entity
Free & Clear · 3 yrs held
Mailing address
501 SURF AVE APT 7E, BROOKLYN, NY 11224-3508
Ownership since
2023
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 26, 2023
$4,635,000
Kalm Enterprise LLC
Ds Tavares Fl Landlord LLC
Special Warranty Deed
—
Jan 26, 2023
—
Kalm Enterprise LLC
Ds Tavares Fl Landlord LLC
Assignment Of Lease (leasehold Sale)
—
Feb 16, 2022
$4,382,000
Ds Tavares Fl Landlord LLC
Waugreen Co
Special Warranty Deed
—
Feb 16, 2022
—
Walgreen Co
Ds Tavares Fl Landlord LLC
Lease
—
Apr 4, 2008
$3,650,000
Walgreen Co
Beckmann Ents
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11101 Us Hwy 441?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
