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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail properties & Spaces
115 Pearl St, Minneola, FL 34715-7439
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2831206
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2004
Construction
WOOD FRAME
Total area
1,800 SF
Lot
0.83 ac (36,365 SF)
APN
18-22-26-0700-002-00800
UPID
US18-2831206
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
by Request
Comparable Approach
Comparable
$434k
Blend (final)
Blend
$520k
Owner & transaction history
Btk Enterprises LLC · 4 yrs held
Btk Enterprises LLC
since 2022
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+308.7%
Office building
$550,000
+174.4%
Retail stores
$530,000
+163.4%
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 Minneola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minneola 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
$525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Change: +309% · Conversion: Difficult
OFFICE BUILDING
$550,000
Change: +174% · Conversion: Difficult
RETAIL STORES
$530,000
Change: +163% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$530,000
Change: +163% · Conversion: Difficult
AUTO REPAIR, GARAGE
$420,000
Change: +109% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $600k (Mar 31 2022)
Last sale anchor
$600k
Mar 31 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
$289 / 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
$9,906
Tax year 2023
Assessed value
$538,098
Assessed 2023
Previous assessed
$481,880
+11.7% YoY
Effective rate
1.84%
On assessed value
Land market value
$411,415
Improvement market value
$126,683
Total market value
$538,098
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
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
1,800 SF
Lot
0.83 ac (36,365 SF)
APN
18-22-26-0700-002-00800
UPID
US18-2831206
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
COMMERCIAL (GENERAL)
Est. value
$825,000
OFFICE BUILDING
Est. value
$550,000
RETAIL STORES
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$420,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Btk Enterprises LLC
Entity
Mailing address
115 W PEARL ST, MINNEOLA, FL 34715-7439
Mailing matches property
Yes
Owner-occupied
Yes
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
Mar 31, 2022
$600,000
Btk Enterprises LLC
Intuitive Properties LLC
Special Warranty Deed
$450,000 · United Southern Bank
Oct 15, 2009
$562,900
Intuitive Properties LLC
Main Street Lube Number 2 INC
Warranty Deed
—
Oct 20, 2004
—
Main Street Lube Number 2 INC
—
Trustees Deed
related
$70,000 · Public Bank
Jun 6, 1997
$20,000
Mercator Properties
Davis,joseph J
Grant Deed
$700,000 · Peoples State Bank Groveland
—
—
Intuitive Properties LLC
—
Deed Of Trust
related
$375,000 · United Southern 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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