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Property profile & analytics
OFF-MARKET
Estimated value
$13,000,000
Retail properties & Spaces
2311 Vine St Kissimmee, FL 34741-3983
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4957102
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Year built
1978
Total area
37,646 SF
Lot
4.89 ac (213,008 SF)
Zoning code
KHC
APN
17252900U000470000
UPID
US18-4957102
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
-
Liquor store (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Big Lots Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.00M
Owner & transaction history
City Of Kissimmee · 1 yrs held
City Of Kissimmee
since 2024
Last sale
$13.0M
5 recorded transactions
Zoning & alternative use
KHC · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.5M
+2,348.5%
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 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
$13,000,000
ML approach
$13,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,490,000
Change: +2,349% · Conversion: Difficult
Blend value · Realmo final
$13.00M
Range $11.70M – $14.30M · ±10% · vs last sale $13.00M (Nov 4 2024)
Last sale anchor
$13.00M
Nov 4 2024
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
$345 / 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
$33,122
Tax year 2023
Assessed value
$1,894,800
Assessed 2023
Previous assessed
$1,716,600
+10.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$931,800
Assessed improvement
$963,000
Land market value
$931,800
Improvement market value
$963,000
Total market value
$1,894,800
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
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Status
Off-Market
Year built
1978
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Rooms
8
Total area
37,646 SF
Lot
4.89 ac (213,008 SF)
Zoning code
KHC
APN
17252900U000470000
UPID
US18-4957102
Jurisdiction
OSCEOLA
Zoning & alternative use
KHC · Kissimmee, FL
Zoning KHC · permitted uses
KHC · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$8.5M
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
1978
Heating
YES
Cooling
Yes
Stories
1
Rooms
8
Lot
4.89 ac
Current owner
From public records · entity-resolved
City Of Kissimmee
Entity
Free & Clear · 1 yrs held
Mailing address
3001 NW 17TH AVE, MIAMI, FL 33142-6158
Ownership since
2024
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
Nov 4, 2024
$13,000,000
City Of Kissimmee
Camacho Venture LLC
Special Warranty Deed
—
Dec 30, 2020
$5,750,000
Camacho Venture LLC
Seritage Kmt Finance LLC
Grant Deed
—
Nov 27, 2019
—
Seritage Kmt Finance LLC
—
Deed
related
$200,000,000 · Berkshire Hathaway Life Insurance Compan
Jul 21, 2015
—
Seritage Kmt Finance LLC
Kmart Corp
Trustees Deed
related
$1,025,000,000 · Jp Morgan Chase Bk
Jul 20, 1998
$4,450,000
Kmart Corp
James L Rifkin Estate
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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