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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
1217 Kentucky Ave Saint Cloud, FL 34769-3729
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2379431
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
1,568 SF
Lot
0.25 ac (10,890 SF)
Zoning code
SHB
APN
12630000102180130
UPID
US18-2379431
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
$520k
CAP Approach
CAP
$385k
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$500k
Owner & transaction history
1217 Kentucky LLC · 4 yrs held
1217 Kentucky LLC
since 2022
Last sale
$480,000
6 recorded transactions
Zoning & alternative use
SHB · Saint Cloud, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$555,000
+41.2%
Auto repair, garage
$535,000
+35.7%
Neighborhood: shopping center
$455,000
+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
$510,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$395,000
Current use
WAREHOUSE, STORAGE
$555,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$535,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$400,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $480k (Jan 31 2022)
Last sale anchor
$480k
Jan 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
$319 / 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
$7,247
Tax year 2023
Assessed value
$402,400
Assessed 2023
Previous assessed
$283,000
+42.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$114,600
Assessed improvement
$287,800
Land market value
$114,600
Improvement market value
$287,800
Total market value
$402,400
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
OFFICE BUILDING
Status
Off-Market
Year built
1979
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
1,568 SF
Lot
0.25 ac (10,890 SF)
Zoning code
SHB
APN
12630000102180130
UPID
US18-2379431
Jurisdiction
OSCEOLA
Zoning & alternative use
SHB · Saint Cloud, FLZoning SHB · permitted uses
SHB · Saint Cloud, FL
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
OFFICE BUILDING Current
Est. value
$395,000
WAREHOUSE, STORAGE
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
RETAIL STORES
Est. value
$400,000
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
1979
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
1217 Kentucky LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3646 LA SALLE AVE, SAINT CLOUD, FL 34772-8119
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
—
1217 Kentucky LLC
—
Deed
related
$480,000 · Climate First Bank
Jan 31, 2022
$480,000
1217 Kentucky LLC
Reed H Berlinsky
Warranty Deed
—
Nov 18, 2015
$275,000
Reed H Berlinsky
Foster,donald L & Donna
Warranty Deed
$175,000 · James H & Betty L Bauknight
Dec 5, 2011
$87,500
Donald L Foster
Foster,donald L
Warranty Deed
related
$175,000 · Lois Hall
Jun 18, 2003
$255,000
Donald L Foster
Bryton Young,kristina J
Grant Deed
$212,000 · Kristina J Bryton Young
—
—
Donald L Foster
—
Deed Of Trust
related
$15,000 · Lois Hall
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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