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Property profile & analytics
OFF-MARKET
Estimated value
$7,140,000
Distribution centers
1385 State Rd 436 Casselberry, FL 32707-6503
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3468941
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Construction
CONCRETE
Total area
16,883 SF
Lot
4.35 ac (189,486 SF)
APN
28-21-30-300-052C-0000
UPID
US18-3468941
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
by Request
Comparable Approach
Comparable
$7.14M
Blend (final)
Blend
$7.14M
Owner & transaction history
Et Casselberry Plasma LLC · 9 yrs held
Et Casselberry Plasma LLC
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.2M
+183.9%
Auto repair, garage
$7.8M
+98.2%
Commercial (general)
$4.5M
+13.8%
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 Casselberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casselberry 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
RESTAURANT
$11,170,000
Change: +184% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,795,000
Change: +98% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,475,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$7.14M
Range $6.43M – $7.85M · ±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
$423 / 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
$61,786
Tax year 2023
Assessed value
$3,631,588
Assessed 2023
Previous assessed
$3,344,898
+8.6% YoY
Effective rate
1.70%
On assessed value
Land market value
$1,484,265
Improvement market value
$2,147,323
Total market value
$3,631,588
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
4
Total area
16,883 SF
Lot
4.35 ac (189,486 SF)
APN
28-21-30-300-052C-0000
UPID
US18-3468941
Jurisdiction
SEMINOLE
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
RESTAURANT
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$4.5M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
4
Lot
4.35 ac
Current owner
From public records · entity-resolved
Et Casselberry Plasma LLC
Entity
Free & Clear · 9 yrs held
Mailing address
8027 FORSYTH BLVD STE #1100, SAINT LOUIS, MO 63105-1787
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2017
—
Et Casselberry Plasma LLC
—
Trustees Deed
related
$3,500,000 · Associated Bk
Dec 2, 2016
$1,435,600
Et Casselberry Plasma LLC
Snl Investment Properties LLC
Warranty Deed
—
Jan 6, 2009
$1,287,500
Bennigans Properties LLC
Chow,michelle
Quit Claim Deed
related
—
Jan 6, 2009
$1,590,000
Snl Investment Properties LLC
Bennigans Properties LLC
Quit Claim Deed
related
$1,192,500 · Regions 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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