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Property profile & analytics
FOR LEASE
Office buildings
1490 Sunshadow Dr Casselberry, FL 32707
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-1990991
For Lease
1 / 50
$16,800/Mo
1490 Sunshadow Dr, Casselberry, FL 32707
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
CONCRETE BLOCKS
Total area
19,716 SF
Lot
1.13 ac (49,223 SF)
APN
04-21-30-525-0000-0020
UPID
US18-1990991
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
-
Econ Technologies Inc (Bike/Boat/Book/etc) Store Corporate Office
-
NAC Funding Computer Consultant Consultant
-
Strastic (Bike/Boat/Book/etc) Store Corporate Office
-
homes to own llc Real Estate Agency
-
Ultra SlimSpa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.44M
Owner & transaction history
Microbase LLC · 12 yrs held
Microbase LLC
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.7M
+4.8%
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
OFFICE BUILDING
$3,575,000
Current use
RETAIL STORES
$3,745,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,430,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±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
$124 / 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
$14,857
Tax year 2023
Assessed value
$873,242
Assessed 2023
Previous assessed
$817,725
+6.8% YoY
Effective rate
1.70%
On assessed value
Land market value
$586,246
Improvement market value
$286,996
Total market value
$873,242
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
For Lease
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
8
Total area
19,716 SF
Lot
1.13 ac (49,223 SF)
APN
04-21-30-525-0000-0020
UPID
US18-1990991
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
OFFICE BUILDING Current
Est. value
$3.6M
RETAIL STORES
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (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
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
8
Lot
1.13 ac
Current owner
From public records · entity-resolved
Microbase LLC
Entity
Mailing address
PO BOX 954053, LAKE MARY, FL 32795-4053
Ownership since
2013
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 23, 2013
$795,000
Microbase LLC
Fairwinds FCU
Grant Deed
—
Dec 16, 2009
$3,491,400
Fairwinds Cu
Sunshadow Professional Plaza
Grant Deed
related
—
Feb 27, 2006
—
Sunshadow Professional Plz LLC
—
Trustees Deed
related
$2,700,000 · Pinnacle Bank
Oct 7, 2005
$530,000
Sunshadow Prof Plaza LLC
Henson,ronald M II & Vickie S
Warranty Deed
$331,850 · Pinnacle Bank
Oct 7, 2005
—
Sunshadow Prof Plaza LLC
Fl Fs 689 071 Land Trust
Quit Claim Deed
related
—
Jul 23, 1999
$50,000
Ronald M Henson
#434 Dixie Venture
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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