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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Office Spaces
2005 Tree Frk Ln 109 Longwood, FL 32750-3533
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0083677
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Construction
CONCRETE
Total area
3,135 SF
Lot
0.07 ac (2,975 SF)
APN
29-20-30-515-0000-00C0
UPID
US18-0083677
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
-
Platinum Studios Film Production Television Studio
-
Dac Security Inc Security Service
-
Pace Janitorial Services General Contractor
-
Jaica Creative Recording Studio
-
SimplyNVR Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$685k
Owner & transaction history
Ims Group LLC · 4 yrs held
Ims Group LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$830,000
+22.3%
Neighborhood: shopping center
$695,000
+2.5%
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 Longwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longwood 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
OFFICE BUILDING
$680,000
Current use
COMMERCIAL (GENERAL)
$830,000
Change: +22% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$695,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$595,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$219 / 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
$5,224
Tax year 2023
Assessed value
$391,875
Assessed 2023
Previous assessed
$391,875
+0.0% YoY
Effective rate
1.33%
On assessed value
Improvement market value
$391,875
Total market value
$391,875
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,135 SF
Lot
0.07 ac (2,975 SF)
APN
29-20-30-515-0000-00C0
UPID
US18-0083677
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
OFFICE BUILDING Current
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$695,000
RETAIL STORES
Est. value
$595,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1985
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ims Group LLC
Entity
Mailing address
22028 FRD RD #1, DEARBORN HTS, MI 48127-2418
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2022
$1,250,000
Ims Group LLC
Cmg Investors LLC
Warranty Deed
$750,000 · Velocity Commercial Capital LLC
Sep 5, 2007
—
Cmg Investors LLC
Michael Gibilisco
Warranty Deed
$74,040 · Suntrust Bank
Jan 12, 2004
$150,000
Michele Gibilisco
Gibilisco,santo
Grant Deed
related
$90,000 · Suntrust Bank NA
Feb 29, 2000
$94,500
Bobbi Roberts
Kempke,leonard W & Shirley A
Grant Deed
$86,642 · First Union National Bank
—
—
Cmg Investors LLC
—
Deed Of Trust
related
$76,713 · Suntrust Bank NA
—
—
Bobbi Roberts
—
Deed Of Trust
related
$81,825 · First Union National Bank
—
—
Cmg Investors LLC
—
Loan Modification
related
$149,341 · Suntrust Bk
—
—
Mg Studios INC
—
Deed Of Trust
related
$92,529 · Suntrust 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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