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Property profile & analytics
OFF-MARKET
Office Spaces
1232 Cross Ave Arcadia, FL 34266-5526
Trust Owned
6-yr Hold
Free & Clear
Property ID
US18-0469821
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2000
Construction
FRAME
Total area
1,728 SF
Lot
8.16 ac (355,450 SF)
Zoning code
A-5
APN
36-37-25-0000-0201-0000
UPID
US18-0469821
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
-
Desoto Nursery, LLC Garden Center Landscaping
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
Merlo,e & E Fam Trust · 6 yrs held
Merlo,e & E Fam Trust
since 2019
3 recorded transactions
Zoning & alternative use
A-5 · Arcadia, FL
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$3,067
Tax year 2023
Assessed value
$114,668
Assessed 2023
Previous assessed
$116,968
-2.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$21,490
Assessed improvement
$93,178
Total market value
$152,968
Applied tax rate
7.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Units
2
Rooms
5
Bathrooms
1
Total area
1,728 SF
Lot
8.16 ac (355,450 SF)
Zoning code
A-5
APN
36-37-25-0000-0201-0000
UPID
US18-0469821
Jurisdiction
DE SOTO
Zoning & alternative use
A-5 · Arcadia, FL
Zoning A-5 · permitted uses
A-5 · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
2
Rooms
5
Bathrooms
1
Lot
8.16 ac
Current owner
From public records · entity-resolved
Merlo,e & E Fam Trust
Trust
Free & Clear · 6 yrs held
Mailing address
5029 SE COUNTY RD 760, ARCADIA, FL 34266-9610
Ownership since
2019
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
Nov 25, 2019
$100
Merlo,e & E Fam Trust
Enrique Merlo
Quit Claim Deed
related
—
Nov 1, 2007
$275,000
Enrique Merlo
Robert Shaver JR
Warranty Deed
$175,000 · The First State Bank Of Arcadia
Jun 9, 2003
$86,000
Robert Shaver
Howard,daniel C
Grant Deed
$43,000 · Daniel C Howard
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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