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Property profile & analytics
OFF-MARKET
Estimated value
$8,890,000
Retail space
28023 Hwy 27 Dundee, FL 33838-4276
Individually Owned
26-yr Hold
Free & Clear
Property ID
US18-5066146
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Total area
39,762 SF
Lot
12.39 ac (539,796 SF)
APN
272829000000021060
UPID
US18-5066146
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
-
Dr. Ali Hamtaee, DC - Spine Correction Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.44M
Blend (final)
Blend
$8.89M
Owner & transaction history
D R Plaza Ltd · 26 yrs held
D R Plaza Ltd
since 2000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.3M
+99.1%
Commercial (general)
$11.3M
+82.3%
Office building
$9.8M
+58.7%
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 Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,180,000
Current use
MEDICAL BUILDING
$12,300,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,265,000
Change: +82% · Conversion: Easy
OFFICE BUILDING
$9,805,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,680,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,285,000
Change: +18% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,150,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.89M
Range $8.00M – $9.78M · ±10%
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
$224 / 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
$110,086
Tax year 2023
Assessed value
$7,590,472
Assessed 2023
Previous assessed
$3,448,777
+120.1% YoY
Effective rate
1.45%
On assessed value
Total market value
$7,590,472
Applied tax rate
90,460.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
39,762 SF
Lot
12.39 ac (539,796 SF)
APN
272829000000021060
UPID
US18-5066146
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
$6.2M
MEDICAL BUILDING
Est. value
$12.3M
COMMERCIAL (GENERAL)
Est. value
$11.3M
OFFICE BUILDING
Est. value
$9.8M
AUTO REPAIR, GARAGE
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$6.2M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1986
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
12.39 ac
Current owner
From public records · entity-resolved
D R Plaza Ltd
Individual
Free & Clear · 26 yrs held
Mailing address
PO BOX 273760, BOCA RATON, FL 33427-3760
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2000
$2,271,100
D R Plaza Ltd
Hill,arliss J
Grant Deed
—
—
—
Mt Dora Marketplace LLC
—
Loan Modification
related
$7,450,000 · Stonegate 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.
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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