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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Office buildings
1305 Us Hwy 27th N Avon Park, FL 33825-2339
Individually Owned
20-yr Hold
Free & Clear
Property ID
US18-2856526
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Construction
FRAME
Total area
6,240 SF
Lot
5.75 ac (250,470 SF)
Zoning code
C2
APN
A-16-33-28-010-0050-0000
UPID
US18-2856526
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
$1.04M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.53M
Owner & transaction history
Stores East Wal-mart · 20 yrs held
Stores East Wal-mart
since 2006
3 recorded transactions
Zoning & alternative use
C2 · Avon Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2.04.02.07 C-2 General Commercial (A) FLUM Designation: Highway Commercial (B) Purpose: To establish areas suitable for general retail, office and personal service activities, generally along US Highway 27; to designate those uses and activities that are appropriate for and compatible with such areas; and to establish standards and provisions necessary to en…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
412.20 ac
Top alternative use upside
Restaurant
$1.6M
+52.5%
Retail stores
$1.3M
+22.6%
Medical building
$1.0M
+0.6%
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 Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park 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%
$1,130,000
6.5%
$1,040,000
7%
$970,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,020,000
Current use
RESTAURANT
$1,555,000
Change: +52% · Conversion: Moderate
RETAIL STORES
$1,250,000
Change: +23% · Conversion: Moderate
MEDICAL BUILDING
$1,025,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±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
$245 / 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
$46,734
Tax year 2023
Assessed value
$2,537,930
Assessed 2023
Previous assessed
$2,343,939
+8.3% YoY
Effective rate
1.84%
On assessed value
Assessed land
$862,500
Assessed improvement
$1,675,430
Land market value
$862,500
Improvement market value
$1,675,430
Total market value
$2,537,930
Applied tax rate
10.0000
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 (MULTI-STORY)
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Rooms
8
Bathrooms
8
Total area
6,240 SF
Lot
5.75 ac (250,470 SF)
Zoning code
C2
APN
A-16-33-28-010-0050-0000
UPID
US18-2856526
Jurisdiction
HIGHLANDS
Zoning & alternative use
C2 · Avon Park, FLZoning C2 · permitted uses
C2 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2.04.02.07 C-2 General Commercial (A) FLUM Designation: Highway Commercial (B) Purpose: To establish areas suitable for general retail, office and personal service activities, generally along US Highway 27; to designate those uses and activities that are appropriate for and compatible with such areas; and to establish standards and provisions necessary to ensure proper development in a community commercial environment. This district is intended for highway commercial uses. All single or multi -family residential shall be within a platted subdivision of five (5) acres or more. (C) Permitted Principal Uses & Structures: Uses permitted in this district are detailed in the Table of Land Uses in Section 2.04.01(A). The letter “P” designates permitted uses. Uses designated by the letter "D" are also permitted, but require the submission and approval of a Site Development Plan prior to application for a Development Permit. Article 7 governs review of an application for approval of a Site Development Plan. (1) Any number of permitted uses may be conducted at the same time in the principal structure; such as a building with a combination of offices and restaurants and
Zone name
General Commercial
General category
COMMERCIAL
Zone area
412.20 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
8
Bathrooms
8
Lot
5.75 ac
Current owner
From public records · entity-resolved
Stores East Wal-mart
Individual
Free & Clear · 20 yrs held
Mailing address
1305 US HWY 27TH N, AVON PARK, FL 33825-2339
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Jun 7, 2006
$100,000
Stores East Wal-mart
Jarrett,joan R
Warranty Deed
—
—
—
Jarrett Properties I Ltd
—
Deed Of Trust
related
$5,400,000 · Highlands Independent Bank
—
—
Jarrett Properties I Ltd
—
Deed Of Trust
related
$4,700,000 · Highlands Independent Bank
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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