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Property profile & analytics
OFF-MARKET
Estimated value
$40,300,000
Community centers
1455 State Rd 436, Casselberry, FL 32707-6522
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3429229
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
CONCRETE BLOCKS
Total area
195,507 SF
Lot
20.02 ac (872,071 SF)
APN
28-21-30-300-0560-0000
UPID
US18-3429229
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
$40.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.72M
Blend (final)
Blend
$40.30M
Owner & transaction history
Jbl Casselberry Commons LLC · 2 yrs held
Jbl Casselberry Commons LLC
since 2024
Last sale
$40.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$51.8M
+19.3%
Warehouse, storage
$45.6M
+4.9%
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
$40,300,000
ML approach
$40,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$43,440,000
Current use
COMMERCIAL (GENERAL)
$51,825,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$45,550,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$37,145,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$35,435,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$40.30M
Range $36.27M – $44.33M · ±10% · vs last sale $40.30M (Jan 29 2024)
Last sale anchor
$40.30M
Jan 29 2024
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
$206 / 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
$416,802
Tax year 2023
Assessed value
$24,588,830
Assessed 2023
Previous assessed
$23,973,406
+2.6% YoY
Effective rate
1.70%
On assessed value
Land market value
$6,967,983
Improvement market value
$17,620,847
Total market value
$24,588,830
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
39
Total area
195,507 SF
Lot
20.02 ac (872,071 SF)
APN
28-21-30-300-0560-0000
UPID
US18-3429229
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$43.4M
COMMERCIAL (GENERAL)
Est. value
$51.8M
WAREHOUSE, STORAGE
Est. value
$45.6M
RETAIL STORES
Est. value
$37.1M
OFFICE BUILDING
Est. value
$35.4M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE 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
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
39
Lot
20.02 ac
Current owner
From public records · entity-resolved
Jbl Casselberry Commons LLC
Entity
Mailing address
2028 HARRISON ST STE #202, HOLLYWOOD, FL 33020-7845
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
$40,300,000
Jbl Casselberry Commons LLC
Ddrm Casselberry Commons LLC
Special Warranty Deed
$30,000,000 · Amerant Bank NA
Apr 8, 2019
—
Casselberry Salon Mgmt LLC
—
Deed
related
$1,115,071 · Jessica Delater
Jun 27, 2017
—
Ddrm Casselberry Commons LLC
—
Grant Deed
related
$30,625,000 · Citigroup Global Markets Rlty
Jul 19, 2007
—
Ddrm Casselberry Commons LLC
Inland Southeast Casselberry L
Grant Deed
$885,000,000 · Wachovia Bank NA
—
—
Casselberry Salon Mgmt LLC
—
Deed Of Trust
related
$1,115,071 · Jessica Delater
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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