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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Manufacturing properties
121 Frst Ave Davenport, FL 33837-9693
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7178396
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2018
Total area
11,550 SF
Lot
3.29 ac (143,443 SF)
Zoning code
A-1
APN
272703715500001015
UPID
US18-7178396
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
$2.41M
Blend (final)
Blend
$2.03M
Owner & transaction history
Cm Holdings Cfl INC · 8 yrs held
Cm Holdings Cfl INC
since 2018
3 recorded transactions
Zoning & alternative use
A-1 · Davenport, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+83.2%
Office building
$2.8M
+59.4%
Auto repair, garage
$2.8M
+57.4%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,785,000
Current use
COMMERCIAL (GENERAL)
$3,270,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$2,845,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,810,000
Change: +57% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,115,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$1,795,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10%
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
$175 / 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
$39,366
Tax year 2023
Assessed value
$2,013,873
Assessed 2023
Previous assessed
$1,910,125
+5.4% YoY
Effective rate
1.95%
On assessed value
Assessed land
$68,864
Assessed improvement
$1,945,009
Land market value
$68,864
Improvement market value
$1,945,009
Total market value
$2,013,873
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
11,550 SF
Lot
3.29 ac (143,443 SF)
Zoning code
A-1
APN
272703715500001015
UPID
US18-7178396
Jurisdiction
POLK
Zoning & alternative use
A-1 · Davenport, FL
Zoning A-1 · permitted uses
A-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
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2018
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
3.29 ac
Current owner
From public records · entity-resolved
Cm Holdings Cfl INC
Entity
Mailing address
7133 OAK GLN TRL, SAINT CLOUD, FL 34773-6011
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2018
—
Cm Holdings Cfl INC
Cm Molding INC
Quit Claim Deed
related
$350,000 · Mainstreet Cmnty Bk/fl
Apr 11, 2017
—
Cm Molding INC
Citrus Ents INC
Grant Deed
related
—
Mar 17, 2017
$75,000
Cm Molding INC
Citrus Ents INC
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.
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