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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Strip malls
150 California Blvd Davenport, FL 33897-5601
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3355786
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Total area
15,000 SF
Lot
1.98 ac (86,205 SF)
APN
262524000000041010
UPID
US18-3355786
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
-
GameTime BarberShop | #5 Barber Shop
-
PISTACHO'S BAKERY AND CAKE LLC Cafe & Coffee Shop
-
Antojos Food Truck Restaurant
-
Best of British Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$2.96M
Owner & transaction history
150 California Holding LLC · 4 yrs held
150 California Holding LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.6M
+68.8%
Commercial (general)
$4.3M
+54.6%
Office building
$3.7M
+34.5%
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 Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport 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
$3,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,785,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,750,000
Current use
MEDICAL BUILDING
$4,640,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,250,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$3,700,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,650,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$2,330,000
Change: -15% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,320,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10% · vs last sale $2.70M (Aug 26 2021)
Last sale anchor
$2.70M
Aug 26 2021
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
$197 / 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
$34,664
Tax year 2023
Assessed value
$2,294,618
Assessed 2023
Previous assessed
$2,294,618
+0.0% YoY
Effective rate
1.51%
On assessed value
Total market value
$2,294,618
Applied tax rate
90,000.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2010
Heating
NONE
Stories
1
Units
1
Total area
15,000 SF
Lot
1.98 ac (86,205 SF)
APN
262524000000041010
UPID
US18-3355786
Jurisdiction
POLK
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
$2.8M
MEDICAL BUILDING
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2010
Heating
NONE
Stories
1
Units
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
150 California Holding LLC
Entity
Mailing address
1330 WW AVE APT #2403, MIAMI BEACH, FL 33139-0909
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
150 California Holding LLC
—
Deed
related
$2,718,750 · Orlando FCU
Aug 26, 2021
$2,700,000
150 California Holding LLC
John S Schoene
Warranty Deed
$2,025,000 · Tg Capital Lending LLC
Jul 9, 2014
—
110 California Blvd Land Trust
Cape At Westridge LLC
Warranty Deed
related
—
Mar 30, 2007
—
Cape At Westridge LLC
Cape At Westridge LLC
Quit Claim Deed
related
—
Mar 9, 2007
$805,000
Cape At Westridge LLC
Belding,darcy F
Warranty Deed
—
Dec 21, 2006
—
Darcy F Belding
Park Square Maguire Ltd
Quit Claim Deed
related
—
Jul 17, 2006
—
Record Owner
Cape At Westridge LLC
Grant Deed
related
—
Jan 27, 2006
$865,000
Darcy F Belding
Patel,balkrishna
Warranty Deed
$648,750 · Florida Choice Bank
Jun 15, 2005
—
Gareth Kalloo
Patel,balkrishna
Quit Claim Deed
related
—
Nov 19, 2004
—
Balkrishna Patel
Kalpat Investments LLC
Quit Claim Deed
related
$242,000 · Century Mortgage Co
—
—
110 California Blvd Land Trust
—
Deed Of Trust
related
$1,825,200 · Lucy J Obrey
—
—
Kalpat Investments LLC
—
Deed Of Trust
related
$175,000 · Ertel Trust
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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