Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$42,075,000
Outlet malls
245 Deen Still Rd Davenport, FL 33897-9411
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4464354
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1999
Total area
292,500 SF
Lot
12.25 ac (533,784 SF)
APN
262601999965000020
UPID
US18-4464354
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
-
McLane Warehouse & Storage
-
Smart Courier Inc. Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$42.08M
CAP Approach
CAP
$50.54M
Comparable Approach
Comparable
$29.50M
Blend (final)
Blend
$42.08M
Owner & transaction history
Civf Vii Fl4m02 LLC · 1 yrs held
Civf Vii Fl4m02 LLC
since 2024
Last sale
$42.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$53.6M
+18.0%
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 Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport 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
$42,075,000
ML approach
$42,075,000
CAP Approach
CAP Return
Estimation
6%
$54,745,000
6.5%
$50,535,000
7%
$46,925,000
Alternative Use
Use
Estimation
RETAIL STORES
$45,445,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$53,605,000
Change: +18% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$45,230,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$42.08M
Range $37.87M – $46.28M · ±10% · vs last sale $42.08M (Dec 3 2024)
Last sale anchor
$42.08M
Dec 3 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
$144 / 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
$279,961
Tax year 2023
Assessed value
$23,793,826
Assessed 2023
Previous assessed
$23,793,826
+0.0% YoY
Effective rate
1.18%
On assessed value
Total market value
$23,793,826
Applied tax rate
90,000.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
292,500 SF
Lot
12.25 ac (533,784 SF)
APN
262601999965000020
UPID
US18-4464354
Jurisdiction
POLK
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
RETAIL STORES Current
Est. value
$45.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$53.6M
INDUSTRIAL (GENERAL)
Est. value
$45.2M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
12.25 ac
Current owner
From public records · entity-resolved
Civf Vii Fl4m02 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
$42,075,000
Civf Vii Fl4m02 LLC
Breit Industrial Canyon Fl1m01 LLC
Special Warranty Deed
—
Mar 20, 2018
—
Breit Indl Cyn Az1m01 LLC
—
Deed
related
$1,100,000,000 · Miscellaneous Ins Co
May 22, 2014
$16,026,000
Cabot IV-fl1m01 LLC
Gray Matters Charitable Founda
Grant Deed
—
May 2, 2014
—
Gray Matters Charitable Founda
Robert Pattillo Properties INC
Grant Deed
related
—
—
—
Cabot IV-fl1m01 LLC
—
Deed Of Trust
related
$113,700,000 · Miscellaneous Ins Co
—
—
Breit Indl Cyn Az1m01 LLC
—
Deed Of Trust
related
$1,100,000,000 · Miscellaneous Ins Co
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 245 Deen Still Rd?
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.
