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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Industrial properties
161 George St Key Largo, FL 33037
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US19-0174710
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1983
Total area
3,685 SF
Lot
0.24 ac (10,380 SF)
APN
00478800-000000
UPID
US19-0174710
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
$780k
Comparable Approach
Comparable
$388k
Blend (final)
Blend
$600k
Owner & transaction history
Theodore W Gordon · 17 yrs held
Theodore W Gordon
since 2008
7 recorded transactions
Zoning & alternative use
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 Key Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key Largo 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%
$850,000
6.5%
$780,000
7%
$725,000
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$163 / 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
$6,398
Tax year 2023
Assessed value
$760,547
Assessed 2023
Previous assessed
$510,585
+49.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$317,628
Assessed improvement
$442,919
Land market value
$317,628
Improvement market value
$442,919
Total market value
$760,547
Applied tax rate
500.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
2
Units
1
Bathrooms
2
Total area
3,685 SF
Lot
0.24 ac (10,380 SF)
APN
00478800-000000
UPID
US19-0174710
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Theodore W Gordon
Individual
Mailing address
PO BOX 439, TAVERNIER, FL 33070-0439
Ownership since
2008
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
Dec 8, 2016
—
Theodore W Gordon
—
Deed
related
$220,000 · Capital Bank Corporation
Nov 21, 2008
$425,000
Theodore W Gordon
Jdi Tavasota Holding LLC
Warranty Deed
$318,750 · First State Bank
Oct 16, 2008
—
Jdi Tavasota Holding LLC
Jdi Tavasota LLC
Quit Claim Deed
related
—
Apr 29, 2008
$1,000,000
Jdi Tavasota LLC
Dc 705 Gs LLC Coc
Trustees Deed
—
Apr 17, 2008
$1,000,000
Jdi Tavasota LLC
Dc 705 Gs LLC Coc
Trustees Deed
—
May 18, 2006
—
Dc707 P6 LLC
—
Deed Of Trust
related
$9,750,000 · Jdi Tavasota LLC
Apr 24, 2006
$950,000
Dc707 P6 LLC
Harry W Caplan Of Key Largo LLC
Warranty Deed
—
Mar 1, 2005
$650,000
Harry W Caplan
Stephen Christopher Arsua
Warranty Deed
$487,500 · Community Bank Of Florida
Apr 7, 1987
—
Stephen C Arsua
Phelps,thomas B
Warranty Deed
related
—
Jul 1, 1983
$60,000
Thomas B Phelps
Herl,rosemary
Warranty Deed
related
$40,800
Dec 1, 1980
$20,000
Rosemary Herl
Holcomb,rose C
Warranty Deed
related
—
—
—
Theodore W Gordon
—
Deed Of Trust
related
$112,552 · Jeffrey C Dupre
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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