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Property profile & analytics
OFF-MARKET
Auto shops
2986 Michigan Ave Kissimmee, FL 34744-1525
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2998879
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
3,000 SF
Lot
0.42 ac (18,295 SF)
Zoning code
OIG
APN
22529408000060100
UPID
US18-2998879
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
-
Kissimmee Nails Nail Salon
-
Road Runner Muffler Auto Repair Shop
-
Road Runner Tires & Wheels (Bike/Boat/Book/etc) Store Auto Parts Store
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
Mpv Sbr Investors III LLC · 3 yrs held
Mpv Sbr Investors III LLC
since 2022
7 recorded transactions
Zoning & alternative use
OIG · 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
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
$3,789
Tax year 2023
Assessed value
$257,400
Assessed 2023
Previous assessed
$257,400
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$95,500
Assessed improvement
$161,900
Land market value
$95,500
Improvement market value
$161,900
Total market value
$257,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
3,000 SF
Lot
0.42 ac (18,295 SF)
Zoning code
OIG
APN
22529408000060100
UPID
US18-2998879
Jurisdiction
OSCEOLA
Zoning & alternative use
OIG · Kissimmee, FL
Zoning OIG · permitted uses
OIG · 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
Units
1
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Mpv Sbr Investors III LLC
Entity
Mailing address
2986 MICHIGAN AVE, KISSIMMEE, FL 34744-1525
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
$1,710,000
Mpv Sbr Investors III LLC
Lydia Rivero
Warranty Deed
—
Nov 10, 2020
—
Road Runner Muffler Express INC
—
Deed
related
$250,000 · Velocity Commercial Capital LLC
Jun 22, 2020
—
Road Runner Muffler Express In
—
Deed
related
$459,000 · Muffler Investments LLC
Jan 2, 2020
—
Road Runner Muffler Express In
—
Deed
related
$325,000 · Muffler Investments LLC
Mar 17, 2017
—
Road Runner Muffler Express In
—
Deed
related
$325,000 · Muffler Investments LLC
Jun 26, 2007
$540,000
Road Runner Muffler Express INC
Orlando Rivero
Warranty Deed
$459,000 · Wachovia Bank NA
—
—
Road Runner Muffler Express In
—
Loan Modification
related
$325,000 · Muffler Investments LLC
—
—
Road Runner Muffler Express In
—
Loan Modification
related
$459,000 · Muffler Investments LLC
—
—
Orlando Rivero
—
Deed Of Trust
related
$201,324 · Bank Of America
—
—
Road Runner Muffler Express In
—
Loan Modification
related
$325,000 · Muffler Investments LLC
—
—
Orlando Rivero
—
Deed Of Trust
related
$204,459 · 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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