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Property profile & analytics
FOR SALE
Office buildings
1211 12Th St, Saint Cloud, FL 34769
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2999431
For Sale
1 / 14
$600,000
1211 12Th St, Saint Cloud, FL 34769
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1974
Total area
2,346 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SCB1
APN
12630000102200220
UPID
US18-2999431
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
$540k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$459k
Blend (final)
Blend
$540k
Owner & transaction history
Jorge Herrada · 1 yrs held
Jorge Herrada
since 2024
Last sale
$540,000
1 recorded transaction
Zoning & alternative use
SCB1 · Saint Cloud, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$835,000
+41.2%
Auto repair, garage
$800,000
+35.7%
Neighborhood: shopping center
$675,000
+14.7%
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 Saint Cloud submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Cloud 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
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$590,000
Current use
WAREHOUSE, STORAGE
$835,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$675,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$595,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Sep 4 2024)
Last sale anchor
$540k
Sep 4 2024
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
$230 / 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
$3,657
Tax year 2023
Assessed value
$231,900
Assessed 2023
Previous assessed
$231,900
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$53,500
Assessed improvement
$178,400
Land market value
$53,500
Improvement market value
$178,400
Total market value
$231,900
Applied tax rate
100.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1974
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
11
Bathrooms
2
Total area
2,346 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SCB1
APN
12630000102200220
UPID
US18-2999431
Jurisdiction
OSCEOLA
Zoning & alternative use
SCB1 · Saint Cloud, FL
Zoning SCB1 · permitted uses
SCB1 · Saint Cloud, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Cloud. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$590,000
WAREHOUSE, STORAGE
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$675,000
RETAIL STORES
Est. value
$595,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
1974
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
11
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jorge Herrada
Individual
Mailing address
1776 RANGER HIGHLANDS RD, KINDRED, FL 34744-6076
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$540,000
Jorge Herrada
Regan Investment Company LLC
Warranty Deed
$486,000 · Reser Family Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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