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Property profile & analytics
FOR SALE
Commercial land
245 Cassadaga Rd Lake Helen, FL 32744
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3436844
For Sale
1 / 3
$179,000
245 Cassadaga Rd, Lake Helen, FL 32744
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
2,044 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C2
APN
7131-14-00-0070
UPID
US18-3436844
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Perry,molly T Trust · 8 yrs held
Perry,molly T Trust
since 2018
7 recorded transactions
Zoning & alternative use
C2 · Lake Helen, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lake Helen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Helen 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$616
Tax year 2023
Assessed value
$32,250
Assessed 2023
Previous assessed
$32,250
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$32,250
Land market value
$32,250
Total market value
$32,250
Applied tax rate
13.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1960
Heating
NONE
Stories
1
Bathrooms
3
Total area
2,044 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C2
APN
7131-14-00-0070
UPID
US18-3436844
Jurisdiction
VOLUSIA
Zoning & alternative use
C2 · Lake Helen, FL
Zoning C2 · permitted uses
C2 · Lake Helen, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Helen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.34 ac
Current owner
From public records · entity-resolved
Perry,molly T Trust
Trust
Free & Clear · 8 yrs held
Mailing address
818 LEMON AVE, LAKE HELEN, FL 32744-3101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 16, 2018
—
Perry,molly T Trust
Perry,molly T
Quit Claim Deed
related
—
Jun 4, 2010
—
Imog LLC
County Of Volusia
Quit Claim Deed
related
—
Jun 4, 2010
$44,500
Molly T Perry
Wright Tina M
Grant Deed
—
Dec 17, 2009
—
Tina M Wright
Lake Helen Partners Ll Coc
Trustees Deed
related
—
May 15, 2009
$8,300
County Of Volusia
925 Cypress LLC
Quit Claim Deed
related
—
Dec 9, 2008
$8,300
925 Cypress LLC
Deputy Clerk Of Volusia County
Tax Deed
related
—
Nov 13, 2003
$525,000
Lake Helen Partners LLC
Triple,h Tr
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.
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?”
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