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Property profile & analytics
OFF-MARKET
Estimated value
$3,275,000
Grocery and convenience stores
1901 Michigan Ave Kissimmee, FL 34744-3504
Entity Owned
3-yr Hold
Free & Clear
Property ID
US19-0488107
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1974
Total area
3,360 SF
Lot
0.42 ac (18,295 SF)
Zoning code
KMPU
APN
14252900U000410000
UPID
US19-0488107
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
-
RIGHT FUEL Gas Station
-
Quick Mart Grocery & Convenience Store
-
Amoco Car Wash
-
Bitcoin ATM Kissimmee - Coinhub Atm Currency Exchange Service
-
One Stop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
Jojames Enterprises LLC · 3 yrs held
Jojames Enterprises LLC
since 2023
Last sale
$3.4M
4 recorded transactions
Zoning & alternative use
KMPU · Kissimmee, 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 Kissimmee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kissimmee 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
$3,270,000
ML approach
$3,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.28M
Range $2.95M – $3.60M · ±10% · vs last sale $3.40M (Jun 9 2023)
Last sale anchor
$3.40M
Jun 9 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
$975 / 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
$8,427
Tax year 2023
Assessed value
$588,000
Assessed 2023
Previous assessed
$485,500
+21.1% YoY
Effective rate
1.43%
On assessed value
Assessed land
$213,100
Assessed improvement
$374,900
Land market value
$213,100
Improvement market value
$374,900
Total market value
$588,000
Applied tax rate
200.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1974
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
6
Total area
3,360 SF
Lot
0.42 ac (18,295 SF)
Zoning code
KMPU
APN
14252900U000410000
UPID
US19-0488107
Jurisdiction
OSCEOLA
Zoning & alternative use
KMPU · Kissimmee, FL
Zoning KMPU · permitted uses
KMPU · Kissimmee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kissimmee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
6
Lot
0.42 ac
Current owner
From public records · entity-resolved
Jojames Enterprises LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2207 DALIS DR, CONCORD, CA 94520-5421
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$3,400,000
Jojames Enterprises LLC
Rcp 1901 Michigan LLC
Special Warranty Deed
—
Mar 9, 2023
$2,160,000
Rcp 1901 Michigen LLC
Standard Development Company LLC
Warranty Deed
$3,888,000 · Kp Lending LLC
Mar 7, 2023
$1,350,000
Standard Development Company LLC
Sudheer Ghay
Warranty Deed
—
Apr 29, 2003
$470,000
Sudheer Ghay
Cumberland Farms INC
Grant Deed
$330,000 · Fidelity 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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