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Property profile & analytics
OFF-MARKET
Estimated value
$38,820,000
Community centers
2302 Semoran Blvd, Apopka, FL 32703-5803
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5352792
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Total area
115,335 SF
Lot
12.82 ac (558,528 SF)
Zoning code
C-C
APN
12-21-28-0000-00-003
UPID
US18-5352792
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
-
Bealls Florida Baby Clothing Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.82M
Owner & transaction history
Lago Bello LLC · 3 yrs held
Lago Bello LLC
since 2022
Last sale
$41.3M
7 recorded transactions
Zoning & alternative use
C-C · Apopka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$24.9M
+226.3%
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 Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka 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
$38,465,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$37,070,000
6.5%
$34,220,000
7%
$31,775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$24,905,000
Change: +226% · Conversion: Easy
Blend value · Realmo final
$38.82M
Range $34.94M – $42.70M · ±10% · vs last sale $41.30M (Nov 3 2022)
Last sale anchor
$41.30M
Nov 3 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
$337 / 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
$247,193
Tax year 2023
Assessed value
$18,268,992
Assessed 2023
Previous assessed
$12,533,665
+45.8% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,909,694
Assessed improvement
$14,359,298
Land market value
$3,909,694
Improvement market value
$14,359,298
Total market value
$18,268,992
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Rooms
118
Total area
115,335 SF
Lot
12.82 ac (558,528 SF)
Zoning code
C-C
APN
12-21-28-0000-00-003
UPID
US18-5352792
Jurisdiction
ORANGE
Zoning & alternative use
C-C · Apopka, FL
Zoning C-C · permitted uses
C-C · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apopka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$24.9M
COMMERCIAL (GENERAL)
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
118
Lot
12.82 ac
Current owner
From public records · entity-resolved
Lago Bello LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1215 GESSNER RD, HOUSTON, TX 77055-6013
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
$41,300,000
Lago Bello LLC
G&i Viii Piedmont Plaza LLC
Special Warranty Deed
—
Aug 20, 2015
$8,600,000
G & I Viii Piedmont Plaza LLC
Bre Ddr Piedmont Plaza LLC
Grant Deed
—
Jul 7, 2010
—
Ddr Mdt Piedmont Plaza LLC
—
Deed Of Trust
related
$207,900,000 · Commonwealth Bank
Aug 16, 2007
—
Ddr Mdt Piedmont Plaza LLC
Ddr Southeast Apopka LLC
Quit Claim Deed
—
Feb 5, 2004
$8,350,071
Inland Southtrust Apopka LLC
P O B Apollo Florida LP
Grant Deed
—
May 18, 2000
$7,700,000
P O B Apollo Florida LP
Glenborough Properties LP
Grant Deed
$13,650,000 · Principal Life Insurance Co
Apr 30, 1997
$6,353,900
Glenborough Properties LP
Cigna Income Realty I LP
Grant Deed
—
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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