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Property profile & analytics
OFF-MARKET
Distribution centers
2699 Cassel Crk Blvd Casselberry, FL 32707-5660
Entity Owned
Absentee Owner
Free & Clear
Property ID
US19-0872555
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Construction
CONCRETE
Total area
4,391 SF
Lot
0.86 ac (37,679 SF)
APN
21-21-30-507-0000-0050
UPID
US19-0872555
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
-
Wash City Car Wash Casselberry Car Wash
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
Nnn Reit LP
Nnn Reit LP
since 2025
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
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 Casselberry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casselberry 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
$17,858
Tax year 2023
Assessed value
$1,044,393
Assessed 2023
Previous assessed
$100
+1,044,293.0% YoY
Effective rate
1.71%
On assessed value
Land market value
$587,452
Improvement market value
$456,941
Total market value
$1,044,393
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
4
Total area
4,391 SF
Lot
0.86 ac (37,679 SF)
APN
21-21-30-507-0000-0050
UPID
US19-0872555
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
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.86 ac
Current owner
From public records · entity-resolved
Nnn Reit LP
Entity
Free & Clear · 0 yrs held
Mailing address
13454 WHITE CYPRESS RD, ASTATULA, FL 34705-9302
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$5,500,000
Nnn Reit LP
El Car Wash Pink LLC
Special Warranty Deed
—
Apr 16, 2025
—
El Car Wash Pink LLC
El Car Wash Florida LLC
Deed
related
—
Apr 2, 2025
$10,590,300
El Car Wash Florida LLC
2699 Cassel Creek LLC
Special Warranty Deed
—
Apr 29, 2022
$6,900,000
2699 Cassel Creek LLC
Cassel Creek LLC
Special Warranty Deed
—
May 5, 2020
—
Cassel Creek LLC
—
Deed
related
$3,862,500 · Midwestone Bk
Jul 22, 2019
$750,000
Cassel Creek LLC
Ten Cap Partners LLC
Warranty Deed
$712,500 · Midwestone Bank
Jan 26, 2005
$1,475,000
Ten Cap Partners LLC
Spirit Spe Portfolio 2004-6 Ll
Warranty Deed
—
Aug 6, 2004
$1,310,100
Spirit Spe Portfolio 2004-6 Ll
Ge Cap Franchise Finance Corp
Grant Deed
—
Apr 19, 1999
$515,000
Hooters Of Cassellberry INC
Michel,l G & Lucille G
Grant Deed
—
—
—
Cassel Creek LLC
—
Loan Modification
related
$3,862,500 · Midwestone Bk
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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