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Property profile & analytics
OFF-MARKET
Estimated value
$380,000
Grocery and convenience stores
2532 State Rd 17th S Avon Park, FL 33825-9626
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2844048
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,059 SF
Lot
0.92 ac (40,000 SF)
Zoning code
B3
APN
C-06-34-29-040-00E3-0000
UPID
US18-2844048
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
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$380k
Owner & transaction history
Avon Mart Real Estate LLC · 1 yrs held
Avon Mart Real Estate LLC
since 2025
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
B3 · Avon Park, 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 Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park 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
$380,000
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$380k
Range $342k – $418k · ±10% · vs last sale $425k (May 14 2025)
Last sale anchor
$425k
May 14 2025
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
$185 / 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
$2,889
Tax year 2023
Assessed value
$196,559
Assessed 2023
Previous assessed
$182,025
+8.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$30,000
Assessed improvement
$166,559
Land market value
$30,000
Improvement market value
$166,559
Total market value
$196,559
Applied tax rate
40.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
1
Total area
2,059 SF
Lot
0.92 ac (40,000 SF)
Zoning code
B3
APN
C-06-34-29-040-00E3-0000
UPID
US18-2844048
Jurisdiction
HIGHLANDS
Zoning & alternative use
B3 · Avon Park, FLZoning B3 · permitted uses
B3 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Avon Mart Real Estate LLC
Entity
Mailing address
2838 VILLAFUERTE PT UNIT #106, ORLANDO, FL 32835-3270
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
$425,000
Avon Mart Real Estate LLC
Alhamidayn LLC
Warranty Deed
—
Dec 18, 2023
$315,000
Alhamidayn LLC
Ose Storage Solutions INC
Warranty Deed
$170,000 · Michael M Storey Etal
Nov 17, 2022
—
Ose Storage Solutions INC
—
Deed
related
$180,000 · First Southern Bank
Aug 29, 2022
$225,000
Ose Storage Solutions INC
Moaid Nasser
Warranty Deed
—
Jan 3, 2022
$220,000
Moaid Nasser
Mayuriben C Patel
Warranty Deed
$120,000 · Keval Kumar T Patel Etux
Aug 19, 2015
$180,000
Mayuriben C Patel
M & H Food Stores INC
Warranty Deed
$160,000 · Wauchula State Bank
Mar 22, 2007
$212,800
M & H Food Stores INC
Patel,meena S
Warranty Deed
—
Jan 7, 2003
$250,000
Meena S Patel
Presto Food Stores INC
Grant Deed
$250,000 · Presto Food Stores INC
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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