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Property profile & analytics
OFF-MARKET
Estimated value
$6,255,000
Golf courses & driving ranges
1290 Rdg Blvd Clermont, FL 34711-2813
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-6753409
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
2006
Construction
CONCRETE BLOCKS
Total area
4,706 SF
Lot
31.41 ac (1,368,220 SF)
APN
09-22-26-0805-005-00001
UPID
US18-6753409
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
-
Citrus Tower Apartment Complex Apartment Building
-
Blue Diamond Kitchens Department Store
-
Izzy mobile Window Tinting Interior Design Auto Repair Shop
-
White Shield Tax Services Accounting Firm Tax Preparation
-
Nailed It Handyman Home Services, LLC Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.25M
Blend (final)
Blend
$6.26M
Owner & transaction history
Lake Cnty · 6 yrs held
Lake Cnty
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$8.0M
+27.6%
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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$6,255,000
Current use
WAREHOUSE, STORAGE
$7,980,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$6.26M
Range $5.63M – $6.88M · ±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
$1,329 / 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
$890,309
Tax year 2023
Assessed value
$51,372,702
Assessed 2023
Previous assessed
$46,795,128
+9.8% YoY
Effective rate
1.73%
On assessed value
Land market value
$5,320,854
Improvement market value
$46,051,848
Total market value
$51,372,702
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Buildings
38
Stories
1
Units
336
Bathrooms
579
Total area
4,706 SF
Lot
31.41 ac (1,368,220 SF)
APN
09-22-26-0805-005-00001
UPID
US18-6753409
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$6.3M
WAREHOUSE, STORAGE
Est. value
$8.0M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
WAREHOUSE, STORAGE
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
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
38
Units
336
Bathrooms
579
Lot
31.41 ac
Current owner
From public records · entity-resolved
Lake Cnty
Individual
Free & Clear · 6 yrs held
Mailing address
27777 FRANKLIN RD STE #900, SOUTHFIELD, MI 48034-8259
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Br Citrus Tower LLC
—
Deed
related
$192,253,000 · Barclays Bank Plc
Aug 15, 2019
$100
Lake Cnty
Br Citrus Tower LLC
Warranty Deed
—
Sep 29, 2017
$55,250,000
Br Citrus Tower LLC
Centennial Citrus Tower LLC
Grant Deed
—
Sep 29, 2017
—
Br Citrus Tower LLC
Centennial Citrus Tower LLC
Quit Claim Deed
related
—
Aug 31, 2017
—
Centennial Citrus Tower LLC
Fountains At Clermont LLC
Grant Deed
related
—
Aug 18, 2004
$3,479,500
Fountains At Clermont LLC
Fountains Of Clermont LLC
Grant Deed
related
—
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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