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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Community centers
1941 County Rd 419 Chuluota, FL 32766-9554
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-4559461
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
CONCRETE BLOCKS
Total area
7,623 SF
Lot
1.02 ac (44,257 SF)
APN
19-21-32-507-0000-0010
UPID
US18-4559461
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
-
Westmoreland Family Dentistry Dental Office
-
Momentum Fitness Gym & Fitness Center
-
Dr. Pamela Westmoreland Dental Office
-
Remedial Health and Wellness LLC Gym & Fitness Center Alternative Medicine Practice
-
mvp 360 fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.74M
Owner & transaction history
Patterson Retail 1941 INC · 12 yrs held
Patterson Retail 1941 INC
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+19.3%
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 Chuluota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chuluota 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
NEIGHBORHOOD: SHOPPING CENTER
$1,695,000
Current use
COMMERCIAL (GENERAL)
$2,020,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$1,595,000
Change: -6% · Conversion: Moderate
RETAIL STORES
$1,450,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$1,395,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$228 / 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
$18,739
Tax year 2023
Assessed value
$1,197,519
Assessed 2023
Previous assessed
$1,038,056
+15.4% YoY
Effective rate
1.56%
On assessed value
Land market value
$423,539
Improvement market value
$773,980
Total market value
$1,197,519
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
7
Total area
7,623 SF
Lot
1.02 ac (44,257 SF)
APN
19-21-32-507-0000-0010
UPID
US18-4559461
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
7
Lot
1.02 ac
Current owner
From public records · entity-resolved
Patterson Retail 1941 INC
Entity
Mailing address
141 W 4TH ST, CHULUOTA, FL 32766-8904
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2014
$900,000
Patterson Retail 1941 INC
Citizens Bk Of Fl
Grant Deed
$750,000 · Citizens Bk/fl
Feb 19, 2014
—
Citizens Bk Of Fl
Boxley Ents INC Coc
Trustees Deed
related
—
Mar 14, 2006
—
Boxley Enterprises INC
Pgd Equity INC
Warranty Deed
$533,000 · First Commercial Bank Of Florida
Nov 30, 2004
$550,000
Pgd Equity INC
Twin Rivers Commercial Dev LLC
Warranty Deed
related
$801,350 · Banco Popular NA
—
—
Boxley Ents INC
—
Deed Of Trust
related
$1,772,768 · Citizens Bank Florida
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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