Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Schools
1935 Abacus Rd Holiday, FL 34690-5540
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4883408
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1955
Total area
2,970 SF
Lot
0.65 ac (28,500 SF)
Zoning code
00R4
APN
31-26-16-0010-00500-0020
UPID
US18-4883408
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
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Wow Real Estate Holdings LLC · 3 yrs held
Wow Real Estate Holdings LLC
since 2022
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
00R4 · Holiday, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$545,000
+214.7%
Retail stores
$510,000
+196.1%
Office building
$460,000
+167.2%
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 Holiday submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holiday 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
$760,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$545,000
Change: +215% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +196% · Conversion: Difficult
OFFICE BUILDING
$460,000
Change: +167% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $700k (Aug 15 2022)
Last sale anchor
$700k
Aug 15 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
$246 / 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
$3,845
Tax year 2023
Assessed value
$214,398
Assessed 2023
Previous assessed
$195,076
+9.9% YoY
Effective rate
1.79%
On assessed value
Assessed land
$12,565
Assessed improvement
$201,833
Land market value
$12,565
Improvement market value
$201,833
Total market value
$214,398
Applied tax rate
9,100.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
795
Bathrooms
1
Total area
2,970 SF
Lot
0.65 ac (28,500 SF)
Zoning code
00R4
APN
31-26-16-0010-00500-0020
UPID
US18-4883408
Jurisdiction
PASCO
Zoning & alternative use
00R4 · Holiday, FL
Zoning 00R4 · permitted uses
00R4 · Holiday, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holiday. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$545,000
RETAIL STORES
Est. value
$510,000
OFFICE BUILDING
Est. value
$460,000
COMMERCIAL (GENERAL)
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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
795
Bathrooms
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Wow Real Estate Holdings LLC
Entity
Mailing address
2338 CHANCERY DR, HOLIDAY, FL 34690-3913
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
Aug 15, 2022
$700,000
Wow Real Estate Holdings LLC
Papa Bear USA Enterprises LLC
Warranty Deed
$727,100 · Fifth Third Bank NA
Nov 19, 2019
—
Papa Bear USA Enterprises LLC
—
Deed
related
$182,000 · Fifth Third Bank
Aug 8, 2017
$190,000
Papa Bear USA Ents LLC
World Of Knowledge A Child Center
Warranty Deed
$190,000 · World/knowledge A Child Center
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1935 Abacus Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
