Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    13415 Sullivan Rd Minneola, FL 34715

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13415 Sullivan Rd Minneola, FL 34715

    View on Map
    • Office buildings
    • 700 SF
    • 13.08 lot acres
    For Sale
    $5,000,000
    View Listing →
    Industrial Land Along Florida Turnpike For Sale
    $5,000,000
    10.75 Acres

    Industrial Land Along Florida Turnpike

    10.5 acre industrial-zoned land adjacent to mixed-use development.

    13415 SULLIVAN ROAD, Minneola, FL 34715
    View Listing
    Property ID
    US18-6741640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 13415 Sullivan Rd

    Year built
    2000
    Construction
    CONCRETE BLOCKS
    Lot size
    13.08 lot acres
    Property size
    700 SF
    Property type
    Office buildings
    APN
    32-21-26-0003-000-01100
    APU
    322126000300001100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Minneola
    County
    Lake
    State
    Florida
    Longitude
    -81.7323
    Latitude
    28.6105
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,118
    $0.00
    $0.00
    $565,519
    -
    $522,284
    $43,235
    $565,519

    Comparable in this City

    • Value Estimation
      $1,985,000
      12,450 SF

      230 Mohawk Rd

      OFFICE BUILDING • 12,450 SF
      230 Mohawk Rd, Minneola, FL 34715-7433
      View Details
    • Value Estimation
      $1,575,000
      3,466 SF

      17628 Us Hwy 27

      OFFICE BUILDING • 3,466 SF
      17628 Us Hwy 27, Minneola, FL 34715-9552
      View Details
    • Value Estimation by Request
      1,970 SF

      17720 Us Hwy 27

      OFFICE BUILDING • 1,970 SF
      17720 Us Hwy 27, Clermont, FL 34715-9042
      View Details
    • Value Estimation by Request
      1,688 SF

      100 Hwy 27

      OFFICE BUILDING • 1,688 SF
      100 Hwy 27, Minneola, FL 34715-7494
      View Details
    • Value Estimation
      $710,000
      1,344 SF

      21377 County Rd 455

      OFFICE BUILDING • 1,344 SF
      21377 County Rd 455, Clermont, FL 34715-6840
      View Details
    • Value Estimation
      $535,000
      1,620 SF

      116 Ctr St

      OFFICE BUILDING • 1,620 SF
      116 Ctr St, Minneola, FL 34715-7910
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Medical Development Pads For Sale

      Finished pads ready for vertical construction in growing healthcare corridor.
      12321 Grassy Lake Rd, Clermont, FL 34715
      View Details
    • Contact for pricing

      Medical Development Pads in Minneola

      Fully prepared medical development pads in rapidly expanding healthcare corridor.
      13321 Grassy Lake Rd, Minneola, FL 34715
      View Details
    • $1,700,000
      10,000 SF

      Light Industrial Investment Opportunity

      10,000 SF office/warehouse near US-27, ideal for investors/owner-users.
      904 Jan Mar Ct, Minneola, FL 34715
      View Details
    • $1,700,000
      Pending

      Clermont/Minneola Industrial Investment Opportunity

      10,000 SF office/warehouse building near US-27 and Florida Turnpike.
      904 Jan Mar Ct, Minneola, FL 34715
      View Details
    • $399,000
      5.00 Acres

      Five Acres in Clermont, FL

      Five acres of land with cleared homesite in Clermont.
      15325 Trousdale St, Clermont, FL 34715
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime New Construction Office Space

      New medical and professional office space for lease in Minneola.
      17215 Grassy Lake Rd, Minneola, FL 34715
      View Details
    • Contact for pricing

      Lakeridge Center Retail/Office Space

      Retail, office, medical, or restaurant space for lease.
      20180 Us Highway 27, Clermont, FL 34715
      View Details
    • Contact for pricing

      Land for Lease in Lake County

      Land available for lease in Lake County, Florida.
      923 N & Southern Breeze Dr, Sebring, FL 34715
      View Details
    • Contact for pricing

      Commercial Pad Sites For Rent

      Available 1-3 acre pad sites suitable for various commercial uses.
      Citrus Grove Rd, Clermont, FL 34715
      View Details
    • $256,800
      17,120 SF

      Retail Space in Minneola Plaza

      Retail space available for lease in Minneola, Florida.
      20180 NORTH Us Highway 27, Minneola, FL 34715
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13415 Sullivan Rd
    Minneola, FL 34715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!