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Property profile & analytics
OFF-MARKET
Retail space
115 Laurel Ave Sanford, FL 32771-1221
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0329844
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
CONCRETE BLOCKS
Total area
513 SF
Lot
0.3 ac (12,921 SF)
APN
25-19-30-5AG-0207-0030
UPID
US18-0329844
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
-
Horstmeyer Farm & Garden Department Store
-
Saddler of Orlando at Horstmeyer Farm & Garden (Bike/Boat/Book/etc) Store Pet Store & Service
-
73 Moto Clothing Store
-
Unfurl Collective: Art-Vintage-Foliage (Bike/Boat/Book/etc) Store
-
The Amber Loft co Hotel & Motel Resort
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
115 S Laurel LLC · 3 yrs held
115 S Laurel LLC
since 2023
Last sale
$1.4M
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$14,363
Tax year 2023
Assessed value
$808,864
Assessed 2023
Previous assessed
$804,908
+0.5% YoY
Effective rate
1.78%
On assessed value
Land market value
$201,568
Improvement market value
$607,296
Total market value
$808,864
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
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Bathrooms
2
Total area
513 SF
Lot
0.3 ac (12,921 SF)
APN
25-19-30-5AG-0207-0030
UPID
US18-0329844
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
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
115 S Laurel LLC
Entity
Mailing address
212 W 1ST ST, SANFORD, FL 32771-1204
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
Jun 19, 2023
—
115 S Laurel LLC
Dean Noland
Quitclaim Deed
related
—
Nov 8, 2021
$1,400,000
115 Laurel Ave LLC
Horstmeyer Farm And Garden INC
Warranty Deed
$1,050,000 · Commerce National Bank & Trust
Jan 14, 2004
$880,000
Horstmeyer Farm & Gardens INC
Tucker,john A & Pamela R
Grant Deed
$1,000,000 · Cit Small Business Lending Co
—
—
Horstmeyer Farm & Garden INC
—
Deed Of Trust
related
$950,000 · Federal Trust Bank
—
—
Horstmeyer Farm & Garden INC
—
Deed Of Trust
related
$646,000 · Centerstate Bank Of Florida
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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