Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Office buildings
234 Westmonte Dr Ste 1001 Altamonte Springs, FL 32714-3373
Entity Owned
~
Est. High Equity
Property ID
US18-4096808
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
CONCRETE
Total area
15,520 SF
Lot
0.98 ac (42,875 SF)
APN
14-21-29-510-0A00-0130
UPID
US18-4096808
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.17M
Owner & transaction history
Vx Westmonte LLC
Vx Westmonte LLC
since 2026
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.5M
+21.6%
Retail stores
$3.0M
+4.0%
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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
$2,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,450,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$2,950,000
Change: +4% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,835,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,700,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.00M (Feb 17 2026)
Last sale anchor
$2.00M
Feb 17 2026
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
$139 / 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
$19,836
Tax year 2023
Assessed value
$1,217,132
Assessed 2023
Previous assessed
$1,119,456
+8.7% YoY
Effective rate
1.63%
On assessed value
Land market value
$535,080
Improvement market value
$682,052
Total market value
$1,217,132
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Bathrooms
8
Total area
15,520 SF
Lot
0.98 ac (42,875 SF)
APN
14-21-29-510-0A00-0130
UPID
US18-4096808
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
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (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
1986
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Bathrooms
8
Lot
0.98 ac
Current owner
From public records · entity-resolved
Vx Westmonte LLC
Entity
Mailing address
234 N WESTMONTE DR STE #1040, ALTAMONTE SPG, FL 32714-3373
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
$2,000,000
Vx Westmonte LLC
234 Westmonte LLC
Warranty Deed
$2,000,000 · Brightstar Cu
May 31, 2022
—
Dmcc Westmonte LLC
—
Deed
related
$269,500 · Louden Broadway Properties LLC
Aug 23, 2018
—
Dmcc Westmonte LLC
Msr Westmonte LP
Warranty Deed
$1,675,000 · Deutsche Bank National Trust Co
Apr 20, 2018
—
Msr Westmonte LP
—
Deed
related
$1,299,602 · Homebanc
Apr 11, 2018
—
Msr Charles LP
—
Deed
related
$500,000 · Homebanc
Jan 29, 2018
—
Msr Westmonte LP
—
Deed
related
$1,310,644 · Homebanc
Aug 5, 2014
$1,907,500
Msr Westmonte LLC
Alleve Investments LLC
Grant Deed
$1,443,750 · Homebanc
Dec 24, 2003
$1,700,000
Alleve Investments INC
W & R Investments Properties
Grant Deed
—
—
—
Msr Westmonte LP
—
Loan Modification
related
$1,310,644 · Homebanc
—
—
Msr Charles LP
—
Deed Of Trust
related
$500,000 · Homebanc
—
—
Msr Westmonte LP
—
Loan Modification
related
$1,299,602 · Homebanc
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 234 Westmonte Dr Ste, Unit 1001?
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.
