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Property profile & analytics
FOR SALE
Outlet malls
27800 Us Highway 27 Leesburg, FL 34748
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2182030
For Sale
1 / 4
$1,776,393
27800 Us Highway 27, Leesburg, FL 34748
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2018
Construction
CONCRETE BLOCKS
Total area
10,320 SF
Lot
1.46 ac (63,597 SF)
APN
14-20-24-0001-000-00700
UPID
US18-2182030
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
$1.88M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.94M
Owner & transaction history
Alsibae Properties 2 LLC · 4 yrs held
Alsibae Properties 2 LLC
since 2022
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+113.3%
Commercial (general)
$2.4M
+70.3%
Auto repair, garage
$2.4M
+69.8%
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 Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg 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
$2,130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,035,000
6.5%
$1,880,000
7%
$1,745,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,420,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,030,000
Change: +113% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,420,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,415,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$1,475,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$1,255,000
Change: -12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,200,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $1.88M (Feb 3 2022)
Last sale anchor
$1.88M
Feb 3 2022
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
$188 / 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
$16,096
Tax year 2023
Assessed value
$954,165
Assessed 2023
Previous assessed
$920,805
+3.6% YoY
Effective rate
1.69%
On assessed value
Land market value
$338,590
Improvement market value
$615,575
Total market value
$954,165
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
For Sale
Year built
2018
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
10,320 SF
Lot
1.46 ac (63,597 SF)
APN
14-20-24-0001-000-00700
UPID
US18-2182030
Jurisdiction
LAKE
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
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2018
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.46 ac
Current owner
From public records · entity-resolved
Alsibae Properties 2 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2379 HERONWOOD DR, BLOOMFIELD HILLS, MI 48302-0835
Ownership since
2022
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
Feb 3, 2022
$1,878,000
Alsibae Properties 2 LLC
Dts Developments LLC
Warranty Deed
—
Sep 29, 2017
$325,000
Dts Developments LLC
Composto & Forbes LLC
Warranty Deed
$3,972 · San Antonio Citizens FCU
Jun 21, 2011
$183,000
Composto & Forbes LLC
Riverside Natl Bk Of Fl
Grant Deed
—
Sep 13, 2006
$750,000
Riverside National Bank Of Fl
Dam Properties LLP
Warranty Deed
—
Apr 14, 2005
—
Dam Properties LLP
Florida Dirt & Land Co LLP
Warranty Deed
$212,000 · First Community Bank
Dec 17, 2003
$180,000
Sellars,tr
Canter,audett T
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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