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Property profile & analytics
FOR LEASE
Warehouses
1540 Sullivan Rd Davenport, FL 33896
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-6727895
For Lease
1 / 6
$1,200/Mo
1540 Sullivan Rd, Davenport, FL 33896
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
FRAME
Total area
67,248 SF
Lot
14.44 ac (629,006 SF)
Zoning code
OAC
APN
352527000000900000
UPID
US18-6727895
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
-
Penske Truck Rental Car Rental Facility
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$6.49M
Owner & transaction history
Osceola Polk Line Holdings LLC · 7 yrs held
Osceola Polk Line Holdings LLC
since 2018
6 recorded transactions
Zoning & alternative use
OAC · Davenport, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.49M
Range $5.84M – $7.14M · ±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
$97 / 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
$132,323
Tax year 2023
Assessed value
$9,548,700
Assessed 2023
Previous assessed
$7,814,600
+22.2% YoY
Effective rate
1.39%
On assessed value
Assessed land
$3,511,500
Assessed improvement
$6,037,200
Land market value
$3,511,500
Improvement market value
$6,037,200
Total market value
$9,548,700
Applied tax rate
300.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2020
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
2
Total area
67,248 SF
Lot
14.44 ac (629,006 SF)
Zoning code
OAC
APN
352527000000900000
UPID
US18-6727895
Jurisdiction
OSCEOLA
Zoning & alternative use
OAC · Davenport, FL
Zoning OAC · permitted uses
OAC · Davenport, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davenport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Lot
14.44 ac
Current owner
From public records · entity-resolved
Osceola Polk Line Holdings LLC
Entity
Mailing address
PO BOX 446, LAUREL, NY 11948-0446
Ownership since
2018
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
Dec 1, 2022
—
Osceola Polk Line Holdings LLC
—
Deed
related
$11,325,000 · Customers Bank
Jun 28, 2021
—
Osceola Polk Line Holdings LLC
—
Deed
related
$25,800,000 · Midcap Financial Trust
May 20, 2019
—
Osceola Polk Line Holdings LLC
—
Deed
related
$7,750,000 · Axiom Bk
Sep 12, 2018
$14,000
Osceola Polk Line Holdings LLC
Reunion Capital Group LLC
Warranty Deed
—
Jan 8, 2015
$600,000
Reunion Capital Group LLC
Sightler,mary L
Warranty Deed
—
—
—
Osceola Polk Line Holdings LLC
—
Deed Of Trust
related
$7,750,000 · Axiom Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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