Property profile

1218 W Broad St Groveland, FL 34736

FOR SALE
Office buildings
Property ID
US18-7826508
2,872 SF 1.29 ac lot Built 1902
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 1218 W Broad St in Groveland is a two-story commercial building on a sizable lot with ample on-site parking. The interior features original hardwood floors and preserved wood details, including a grand staircase with wood banisters and newel posts. The first level includes expansive, well-lit rooms with high ceilings and thick white baseboards, as well as a wood-framed brick fireplace in a dedicated room and a carved wooden archway on the main floor. The upper level has several bright rooms with original hardwood flooring and a flexible multi-room layout, along with additional functional spaces that include a kitchen with tile flooring and wooden cabinetry and a room with a standing shower stall. An enclosed upper-level porch includes wrap-around windows, a slatted ceiling, and light yellow horizontal wood paneling. The exterior includes a classic facade with a full-length porch on both levels, white exposed rafters, and light yellow wood siding. The building is configured with multiple rooms across two levels and an exterior exit, supporting office and retail-oriented arrangements.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1902
Construction WOOD FRAME
Total area 2,872 SF
Lot 1.29 ac (56,240 SF)
APN 24-22-24-0500-000-00701
UPID US18-7826508

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency

Location

1218 W Broad St Groveland, FL 34736
Groveland metro Census 31205 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2012
3 recorded transactions
2012
$140,000
2005
$500,000
2005
$600,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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