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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
1700 Town Plz Ct Winter Springs, FL 32708-6217
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-0245933
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
CONCRETE BLOCKS
Total area
3,016 SF
Lot
0.13 ac (5,694 SF)
APN
01-21-30-505-0000-0080
UPID
US18-0245933
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
$740k
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$800k
Owner & transaction history
Bluebook Real Estate LLC · 2 yrs held
Bluebook Real Estate LLC
since 2023
Last sale
$815,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$800,000
+44.7%
Warehouse, storage
$705,000
+27.2%
Neighborhood: shopping center
$670,000
+21.3%
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 Winter Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Springs 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
$825,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Current use
COMMERCIAL (GENERAL)
$800,000
Change: +45% · Conversion: Easy
WAREHOUSE, STORAGE
$705,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $815k (Sep 28 2023)
Last sale anchor
$815k
Sep 28 2023
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
$265 / 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
$7,810
Tax year 2023
Assessed value
$537,486
Assessed 2023
Previous assessed
$438,478
+22.6% YoY
Effective rate
1.45%
On assessed value
Land market value
$231,461
Improvement market value
$306,025
Total market value
$537,486
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
3
Total area
3,016 SF
Lot
0.13 ac (5,694 SF)
APN
01-21-30-505-0000-0080
UPID
US18-0245933
Jurisdiction
SEMINOLE
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
$550,000
COMMERCIAL (GENERAL)
Est. value
$800,000
WAREHOUSE, STORAGE
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Bluebook Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1255 CITY VW CTR, OVIEDO, FL 32765-5529
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2023
$815,000
Bluebook Real Estate LLC
Nette Investments LLC
Warranty Deed
—
Apr 16, 2004
$197,900
Nette Investment LLC
Tuskawilla Office Park LLC
Grant Deed
$168,215 · Suntrust Bank NA
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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