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Property profile & analytics
OFF-MARKET
Estimated value
$55,000
Warehouses
1672 Pardee Sub Rd Avon Park, FL 33825-9741
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4742306
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1958
Construction
CONCRETE
Total area
580 SF
Lot
0.1 ac (4,500 SF)
Zoning code
I1
APN
C-35-33-28-050-0000-0580
UPID
US18-4742306
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
$55k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$55k
Owner & transaction history
New River Distribution LLC · 3 yrs held
New River Distribution LLC
since 2022
Last sale
$37,100
3 recorded transactions
Zoning & alternative use
I1 · Avon Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
d and Duplexes 2.04.02.05 R-3 High Density Multi-Family Residential 2.04.02.06 C-1 Neighborhood Commercial 2.04.02.07 C-2 General Commercial 2.04.02.08 C-3 Commercial Ofice 2.04.02.09 C-4 Mixed-Use Commercial 2.04.02.10 I-1 Light Industry 2.04.02.11 I-2 Heavy Industry 2.04.02.12 PI Public Institutional 2.04.02.13 PR Public Recreation/Open Space 2.04.02.14 PC…
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
413.21 ac
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 Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park 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
$55,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$55k
Range $50k – $61k · ±10% · vs last sale $37k (Oct 4 2022)
Last sale anchor
$37k
Oct 4 2022
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
$95 / 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
$60
Tax year 2023
Assessed value
$2,310
Assessed 2023
Previous assessed
$2,306
+0.2% YoY
Effective rate
2.60%
On assessed value
Assessed land
$2,250
Assessed improvement
$60
Land market value
$2,250
Improvement market value
$60
Total market value
$2,310
Applied tax rate
40.0000
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
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
580 SF
Lot
0.1 ac (4,500 SF)
Zoning code
I1
APN
C-35-33-28-050-0000-0580
UPID
US18-4742306
Jurisdiction
HIGHLANDS
Zoning & alternative use
I1 · Avon Park, FLZoning I1 · permitted uses
I1 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
d and Duplexes 2.04.02.05 R-3 High Density Multi-Family Residential 2.04.02.06 C-1 Neighborhood Commercial 2.04.02.07 C-2 General Commercial 2.04.02.08 C-3 Commercial Ofice 2.04.02.09 C-4 Mixed-Use Commercial 2.04.02.10 I-1 Light Industry 2.04.02.11 I-2 Heavy Industry 2.04.02.12 PI Public Institutional 2.04.02.13 PR Public Recreation/Open Space 2.04.02.14 PC Public Conservation Land 2.04.02.15 PUD Planned Unit Development 2.05.00 General R
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
413.21 ac
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
New River Distribution LLC
Entity
Free & Clear · 3 yrs held
Mailing address
401 SW 4TH AVE APT #1003, FORT LAUDERDALE, FL 33315-1078
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
—
New River Distribution LLC
Highlands County
Quit Claim Deed
related
—
Nov 6, 2019
$37,100
Highlands Cnty
Lake Ridge Groves INC
Warranty Deed
—
Feb 19, 2016
—
Highlands Cnty
Court Clerk Of Highlands County
Tax Deed
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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