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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Warehouses
278 Semoran Commerce Pl Apopka, FL 32703-4670
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0515853
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Total area
8,431 SF
Lot
0.81 ac (35,072 SF)
Zoning code
I-L
APN
11-21-28-7900-00-050
UPID
US19-0515853
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
-
Secret Parties Big Box & Wholesale Store
-
Nehemiah E-Community Center - Central Florida Virtual Space Coworking & Hybrid Office
-
Dr Shelly LaVonne Crisis Center Medical Clinic
-
Demica Paige Online Fitness Gym & Fitness Center Training Center
-
Seven Star Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.25M
Owner & transaction history
Nickmax Properties LLC · 3 yrs held
Nickmax Properties LLC
since 2023
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
I-L · Apopka, 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 Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka 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
$1,240,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$815,000
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.25M (Mar 17 2023)
Last sale anchor
$1.25M
Mar 17 2023
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
$148 / 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
$15,346
Tax year 2023
Assessed value
$1,068,023
Assessed 2023
Previous assessed
$979,582
+9.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$166,594
Assessed improvement
$901,429
Land market value
$166,594
Improvement market value
$901,429
Total market value
$1,068,023
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
2
Total area
8,431 SF
Lot
0.81 ac (35,072 SF)
Zoning code
I-L
APN
11-21-28-7900-00-050
UPID
US19-0515853
Jurisdiction
ORANGE
Zoning & alternative use
I-L · Apopka, FL
Zoning I-L · permitted uses
I-L · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apopka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Nickmax Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7609 GRN MTN WAY, WINTER GARDEN, FL 34787-5179
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 17, 2023
$1,250,000
Nickmax Properties LLC
Hosanna Realty Holdings LLC
Warranty Deed
—
Dec 11, 2017
—
Hosanna Realty Holdings LLC
—
Deed
related
$535,000 · Florida First Cap Fin
Jun 30, 2017
$650,000
Hosanna Realty Holdings LLC
Secrets LLC
Warranty Deed
$2,500,000 · Sunshine Bank
Jan 12, 2004
$592,000
Secrets LLC
Mjr Properties Ltd Lllp
Grant Deed
$476,000 · Wachovia Bank NA
Feb 7, 2001
$630,000
Mjr Properties Ltd LLP
Morrison,richard A & Donnie G
Grant Deed
$630,000 · Florida Choice Bank
—
—
Hosanna Realty Holdings LLC
—
Deed Of Trust
related
$535,000 · Florida First Cap Fin
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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