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Property profile & analytics
OFF-MARKET
Office buildings
3 Main Ave Lake Placid, FL 33852-2603
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-2918710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Construction
CONCRETE BLOCKS
Total area
2,370 SF
Lot
0.11 ac (4,767 SF)
Zoning code
C2
APN
P-36-36-29-130-0020-0010
UPID
US18-2918710
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
-
Mike's Barber Shop Barber Shop
-
Lake Placid Podiatry Medical Clinic
-
Pamela dolber Physician
-
Edward Jones - Financial Advisor: Cody R Higgins Financial Advisor
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Edward Jones - Financial Advisor Financial Advisor
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
Shamrock Racing LLC · 12 yrs held
Shamrock Racing LLC
since 2014
5 recorded transactions
Zoning & alternative use
C2 · Lake Placid, 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 Lake Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid 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
$3,442
Tax year 2023
Assessed value
$209,805
Assessed 2023
Previous assessed
$191,090
+9.8% YoY
Effective rate
1.64%
On assessed value
Assessed land
$26,429
Assessed improvement
$183,376
Land market value
$26,429
Improvement market value
$183,376
Total market value
$209,805
Applied tax rate
50.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
1
Total area
2,370 SF
Lot
0.11 ac (4,767 SF)
Zoning code
C2
APN
P-36-36-29-130-0020-0010
UPID
US18-2918710
Jurisdiction
HIGHLANDS
Zoning & alternative use
C2 · Lake Placid, FL
Zoning C2 · permitted uses
C2 · Lake Placid, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Placid. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Shamrock Racing LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 625, OKEECHOBEE, FL 34973-0625
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2014
$195,000
Shamrock Racing LLC
Cook,john & Katherine
Warranty Deed
—
May 2, 2013
$175,000
John Cook
A & M Real Estate Ventures INC
Warranty Deed
$160,000 · A&m Real Estate Ventures INC
Feb 11, 2013
$218,400
A & M Real Estate Ventures INC
Lambert,melba S
Warranty Deed
—
Jan 3, 2006
$375,000
Melba Starling
A & M Real Estate Ventures INC
Warranty Deed
$274,500 · A & M Real Estate Ventures INC
Jan 3, 2006
—
A & M Real Estate Ventures INC
Fralish,gloria D
Quit Claim Deed
related
—
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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