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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Manufacturing properties
2824 Michigan Ave A Kissimmee, FL 34744-1219
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3630132
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Total area
16,920 SF
Lot
1.26 ac (54,886 SF)
Zoning code
OIB
APN
102529407800010010
UPID
US18-3630132
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
-
Iglesia Cristiana Puerta del Cielo Church
-
Ivy Hair and Make up Hair Salon
-
Heavenly Clothing Store
-
Greenwood Cabinets Hardware & Home Improvement Kitchen & Bath Showroom
-
Speedzone Performance LLC. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.60M
Owner & transaction history
Live Oak Ranch INC · 11 yrs held
Live Oak Ranch INC
since 2014
4 recorded transactions
Zoning & alternative use
OIB · Kissimmee, 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 Kissimmee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kissimmee 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%
$1,575,000
6.5%
$1,455,000
7%
$1,350,000
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±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
$94 / 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
$16,356
Tax year 2023
Assessed value
$1,067,900
Assessed 2023
Previous assessed
$1,020,300
+4.7% YoY
Effective rate
1.53%
On assessed value
Assessed land
$288,900
Assessed improvement
$779,000
Land market value
$288,900
Improvement market value
$779,000
Total market value
$1,067,900
Applied tax rate
300.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1997
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
16,920 SF
Lot
1.26 ac (54,886 SF)
Zoning code
OIB
APN
102529407800010010
UPID
US18-3630132
Jurisdiction
OSCEOLA
Zoning & alternative use
OIB · Kissimmee, FL
Zoning OIB · permitted uses
OIB · Kissimmee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kissimmee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Live Oak Ranch INC
Entity
Free & Clear · 11 yrs held
Mailing address
5600 E IRLO BRONSON MEMORIAL HWY, SAINT CLOUD, FL 34771-8753
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2014
$975,000
Live Oak Ranch INC
Ars Investors I 2011-2 Csb LP
Grant Deed
—
Mar 27, 2014
—
Ars Investors I 2011-2 Csb LP
Ars Ents INC Coc
Quit Claim Deed
related
—
Jun 15, 2005
—
Rws Ents INC
—
Trustees Deed
related
$150,000 · Bank Of America
—
—
Rws Ents INC
—
Deed Of Trust
related
$204,000 · Bank Of America
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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