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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Warehouses
1234 Westrun Rd Ocoee, FL 34761
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3997867
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
25,320 SF
Lot
2.56 ac (111,557 SF)
Zoning code
C-3
APN
30-22-28-9172-04-000
UPID
US18-3997867
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
$3.65M
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$3.34M
Owner & transaction history
Storage Builders II LLC · 9 yrs held
Storage Builders II LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-3 · Ocoee, 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 Ocoee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocoee 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%
$3,955,000
6.5%
$3,650,000
7%
$3,390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,155,000
Current use
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±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
$132 / 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
$71,819
Tax year 2023
Assessed value
$3,957,809
Assessed 2023
Previous assessed
$5,192,658
-23.8% YoY
Effective rate
1.81%
On assessed value
Assessed land
$892,457
Assessed improvement
$3,065,352
Land market value
$892,457
Improvement market value
$3,065,352
Total market value
$3,957,809
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
246
Rooms
4
Total area
25,320 SF
Lot
2.56 ac (111,557 SF)
Zoning code
C-3
APN
30-22-28-9172-04-000
UPID
US18-3997867
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Ocoee, FL
Zoning C-3 · permitted uses
C-3 · Ocoee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocoee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.2M
WAREHOUSE, STORAGE Current
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
2017
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
246
Rooms
4
Lot
2.56 ac
Current owner
From public records · entity-resolved
Storage Builders II LLC
Entity
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2018
—
Storage Builders II LLC
—
Loan Modification
related
$9,150,000 · First Bk
Nov 18, 2016
$700,000
Storage Builders II LLC
Cubebuilders II LLC
Quit Claim Deed
related
$10,268,000 · Jernigan Capital Operating Company
Jan 6, 2016
$625,000
Cubebuilders II LLC
Kaps Hospitality LLC
Warranty Deed
$700,000 · Jernigan Cap Operating Ptshp L
Nov 20, 2007
$1,150,000
Kaps Hospitality LLC
West 50 Properties
Warranty Deed
$575,000 · Mercantile Bank
—
—
Kaps Hospitality LLC
—
Loan Modification
related
$255,269 · Surety Bk
—
—
Kaps Hospitality LLC
—
Loan Modification
related
$253,052 · Surety Bk
—
—
Kaps Hospitality LLC
—
Loan Modification
related
$260,110 · Surety Bk
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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