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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office buildings
1650 County Rd 470 Okahumpka, FL 34762-3402
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-3253909
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
METAL FRAME
Total area
2,080 SF
Lot
21.2 ac (923,472 SF)
APN
17-20-24-0004-000-00900
UPID
US18-3253909
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
-
Southeast Soils Inc. Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$720k
Owner & transaction history
Southeast Soils Peat Company INC · 10 yrs held
Southeast Soils Peat Company INC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$725,000
+57.0%
Neighborhood: shopping center
$610,000
+32.7%
Auto repair, garage
$485,000
+5.6%
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 Okahumpka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okahumpka 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
$460,000
Current use
COMMERCIAL (GENERAL)
$725,000
Change: +57% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$485,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$445,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$346 / 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
$19,369
Tax year 2023
Assessed value
$1,185,448
Assessed 2023
Previous assessed
$1,089,491
+8.8% YoY
Effective rate
1.63%
On assessed value
Land market value
$507,910
Improvement market value
$677,538
Total market value
$1,185,448
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Status
Off-Market
Year built
2007
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
2
Total area
2,080 SF
Lot
21.2 ac (923,472 SF)
APN
17-20-24-0004-000-00900
UPID
US18-3253909
Jurisdiction
LAKE
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
$460,000
COMMERCIAL (GENERAL)
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$485,000
RETAIL STORES
Est. value
$445,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
21.2 ac
Current owner
From public records · entity-resolved
Southeast Soils Peat Company INC
Entity
Mailing address
1650 COUNTY RD 470, OKAHUMPKA, FL 34762-3402
Ownership since
2016
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
Jun 23, 2020
—
Southeast Soils INC
—
Deed
related
—
Oct 1, 2019
—
Southeast Soils INC
—
Deed
related
$2,010,000 · Centerstate Bk NA
Jun 3, 2016
$210,000
Southeast Soils Peat Company INC
Cr470 LLC
Warranty Deed
$2,200,000 · Citizens Bank & Trust
Feb 12, 2007
$480,000
Cr470 LLC
City Of Leesburg Florida
Warranty Deed
—
—
—
Southeast Soils INC
—
Deed Of Trust
related
$2,010,000 · Centerstate Bk NA
—
—
Southeast Soils INC
—
Loan Modification
related
—
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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