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Property profile & analytics
OFF-MARKET
Warehouses
1200 Bridgewater Dr, Lake Mary, FL 32746-4342
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0245778
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Construction
CONCRETE BLOCKS
Total area
438 SF
Lot
185.9 ac (8,097,804 SF)
APN
12-20-29-300-001L-0000
UPID
US18-0245778
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
-
Heathrow Legacy Country Club Golf Course
-
Rotary Club of Lake Mary Charitable Organization Social Service Agency
-
Heathrow & the Legacy Club Wedding Service
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
Concert Heathrow LLC · 1 yrs held
Concert Heathrow LLC
since 2025
7 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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
$65,906
Tax year 2023
Assessed value
$4,952,351
Assessed 2023
Previous assessed
$4,968,439
-0.3% YoY
Effective rate
1.33%
On assessed value
Land market value
$1,487,200
Improvement market value
$3,465,151
Total market value
$4,952,351
Applied tax rate
1.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
33
Total area
438 SF
Lot
185.9 ac (8,097,804 SF)
APN
12-20-29-300-001L-0000
UPID
US18-0245778
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
1984
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
33
Lot
185.9 ac
Current owner
From public records · entity-resolved
Concert Heathrow LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1220 BRIDGEWATER DR, HEATHROW, FL 32746-4342
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Concert Heathrow LLC
Concert Heathrow LLC
Deed
related
—
Dec 16, 2019
—
Concert Heathrow LLC
—
Deed
related
$160,000,000 · Other Institutional Lenders
Jun 16, 2014
—
Standard Pacific Of Florida
Concert Heathrow LLC
Grant Deed
related
—
Mar 7, 2014
$2,305,300
Pacific Standard
Concert Heathrow LLC
Grant Deed
—
Jul 18, 2011
$3,000,000
Concert Heathrow LLC
Eagle Fl I Spe LLC
Grant Deed
—
Apr 1, 2011
—
Eagle Fl I Spe LLC
Heathrow Country Club Coc
Trustees Deed
related
—
Jul 9, 2008
—
Heathrow Villages Dev Co LLC
Heathrow Country Club LLC
Quit Claim Deed
related
—
Mar 9, 2006
$3,279,000
Heathrow Country Club LLC
Heathrow Golf Co
Grant Deed
$2,500,000 · United Heritage Bank
—
—
Concert Heathrow LLC
—
Deed Of Trust
related
$160,000,000 · Other Institutional Lenders
—
—
Concert Heathrow LLC
—
Loan Modification
related
$4,495,695 · Centennial Bk
—
—
Concert Heathrow LLC
—
Deed Of Trust
related
$3,500,000 · Bay Cities 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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