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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Manufacturing properties
180 Lyman Rd Casselberry, FL 32707-2805
Entity Owned
17-yr Hold
Free & Clear
Property ID
US18-0986363
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
CONCRETE BLOCKS
Total area
17,100 SF
Lot
1.86 ac (81,022 SF)
APN
07-21-30-521-0000-0100
UPID
US18-0986363
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
-
Florida Natural Flavors Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.14M
Owner & transaction history
State Of Florida Department · 17 yrs held
State Of Florida Department
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+9.3%
Office building
$3.1M
+4.2%
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 Casselberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casselberry 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
INDUSTRIAL (GENERAL)
$2,975,000
Current use
RETAIL STORES
$3,250,000
Change: +9% · Conversion: Moderate
OFFICE BUILDING
$3,100,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±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
$125 / 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
$16,740
Tax year 2023
Assessed value
$1,358,187
Assessed 2023
Previous assessed
$1,178,812
+15.2% YoY
Effective rate
1.23%
On assessed value
Land market value
$510,439
Improvement market value
$847,748
Total market value
$1,358,187
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
1
Total area
17,100 SF
Lot
1.86 ac (81,022 SF)
APN
07-21-30-521-0000-0100
UPID
US18-0986363
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.0M
RETAIL STORES
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1987
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
State Of Florida Department
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 181125, CASSELBERRY, FL 32718-1125
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
Feb 25, 2020
—
Florida Natural Flavors INC
—
Deed
related
$250,000 · Iberiabank
Apr 16, 2019
—
Florida Natural Flavors INC
—
Deed
related
$618,883 · Iberiabank
Apr 17, 2017
—
Florida Natural Flavors INC
—
Deed
related
$250,000 · Iberiabank
Jul 6, 2016
—
Florida Natural Flavors INC
—
Deed
related
$250,000 · Iberiabank
Dec 8, 2008
—
State Of Florida Department
Florida Natural Flavors INC
Quit Claim Deed
—
Jun 14, 2005
—
Florida Natural Flavors INC
—
Deed Of Trust
related
$250,000 · Orlando Nat'l Bk
—
—
Florida Natural Flavors INC
—
Loan Modification
related
$618,883 · Iberiabank
—
—
Florida Natural Flavors INC
—
Deed Of Trust
related
$750,000 · Orlando National Bank
—
—
Florida Natural Flavors INC
—
Loan Modification
related
$250,000 · Iberiabank
—
—
Florida Natural Flavors INC
—
Loan Modification
related
$250,000 · Iberiabank
—
—
Florida Natural Flavors INC
—
Deed Of Trust
related
$100,000 · First National Bank Florida
—
—
Florida Natural Flavors INC
—
Loan Modification
related
$250,000 · Iberiabank
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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