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Property profile & analytics
OFF-MARKET
Estimated value
$3,370,000
Specialty properties
18724 High Spgs Main St, High Springs, FL 32643-0094
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0777920
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1937
Total area
3,831 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C2
APN
00640-001-000
UPID
US19-0777920
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
$3.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.37M
Owner & transaction history
Family Owned Funeral Group LLC · 2 yrs held
Family Owned Funeral Group LLC
since 2023
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
C2 · High Springs, FL
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 High Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High 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
$3,215,000
ML approach
$3,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.37M
Range $3.03M – $3.71M · ±10% · vs last sale $3.40M (Jul 21 2023)
Last sale anchor
$3.40M
Jul 21 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
$880 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$91,659
Tax year 2022
Assessed value
$368,801
Assessed 2023
Previous assessed
$417,214
-11.6% YoY
Effective rate
24.85%
On assessed value
Assessed land
$266,587
Assessed improvement
$102,214
Land market value
$266,587
Improvement market value
$102,214
Total market value
$368,801
Applied tax rate
5,700.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1937
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
3,831 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C2
APN
00640-001-000
UPID
US19-0777920
Jurisdiction
ALACHUA
Zoning & alternative use
C2 · High Springs, FL
Zoning C2 · permitted uses
C2 · High Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1937
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Family Owned Funeral Group LLC
Entity
Mailing address
912 STANBERRY DR, BRANDON, FL 33511-5945
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$3,400,000
Family Owned Funeral Group LLC
Faithful Heritage Holdings INC
Warranty Deed
$5,600,000 · Funeral Directors Life Insurance Co
Apr 17, 2020
$615,000
Faithful Heritage Holdings INC
Patsy A Thomas LLC
Grant Deed
$1,800,000 · Incrediblebank
May 22, 2007
$745,600
Patsy A Thomas LLC
Security Trust Plans INC
Special Warranty Deed
$581,250 · Wachovia Bank NA
May 16, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 10, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Security Trust Plans INC
—
Deed Of Trust
related
$36,746 · Bank Of America
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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