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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Strip malls
301 Brevard Ave Arcadia, FL 34266-4501
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-9504434
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,654 SF
Lot
1.75 ac (76,361 SF)
Zoning code
B-3
APN
31-37-25-0020-00T0-0070
UPID
US18-9504434
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
-
Bisht LLC Restaurant
-
Grappin Clinic: Auto Accident Injury Medical Doctors & Chiropractors, Physical Therapy & Rehab Medical Clinic
-
Albritton Insurance Services Insurance Agency
-
THN Desoto (Bike/Boat/Book/etc) Store Specialty Food Shop
-
Probation & Parole Office Probation Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Waltco 2021 LLC · 4 yrs held
Waltco 2021 LLC
since 2022
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
B-3 · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
f Arcadia Article 4 Zoning Districts and Land Uses Unified Land Development Code Page 4-11 Table 4.10.01 Land Uses and Zoning Districts RESIDENTIAL LAND USES LAND USE R-1A R-1B R-1C R-2A R-2B R-3 R-4 MHP RPB P-1 B-1 B-2 B-3 C-1 M-1 M-2 ROS CON PBG Single Family Detached Dwellings P P P P P P P P Apartments P P P Above-ground-floor Apartments P Caretaker or W…
Zone name
General Business Commercial
General category
COMMERCIAL
Zone area
232.53 ac
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$1,080,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,580,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$955,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$885,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.19M (Jun 3 2022)
Last sale anchor
$1.19M
Jun 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
$107 / 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
$15,729
Tax year 2023
Assessed value
$707,782
Assessed 2023
Previous assessed
$760,356
-6.9% YoY
Effective rate
2.22%
On assessed value
Assessed land
$248,245
Assessed improvement
$459,537
Land market value
$248,245
Improvement market value
$459,537
Total market value
$707,782
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
2
Rooms
26
Total area
10,654 SF
Lot
1.75 ac (76,361 SF)
Zoning code
B-3
APN
31-37-25-0020-00T0-0070
UPID
US18-9504434
Jurisdiction
DE SOTO
Zoning & alternative use
B-3 · Arcadia, FLZoning B-3 · permitted uses
B-3 · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
f Arcadia Article 4 Zoning Districts and Land Uses Unified Land Development Code Page 4-11 Table 4.10.01 Land Uses and Zoning Districts RESIDENTIAL LAND USES LAND USE R-1A R-1B R-1C R-2A R-2B R-3 R-4 MHP RPB P-1 B-1 B-2 B-3 C-1 M-1 M-2 ROS CON PBG Single Family Detached Dwellings P P P P P P P P Apartments P P P Above-ground-floor Apartments P Caretaker or Watchman’s Dwelling (Accessory to the Principal Use) P P Cluster Home, Zero Lot Line
Zone name
General Business Commercial
General category
COMMERCIAL
Zone area
232.53 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$885,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Rooms
26
Lot
1.75 ac
Current owner
From public records · entity-resolved
Waltco 2021 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1943 MARAVILLA AVE, FORT MYERS, FL 33901-7136
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$1,100,000
Waltco 2021 LLC
Georgetowil Square Properties LLC
Warranty Deed
—
Feb 19, 2020
—
Georgetown Square Prop LLC
—
Deed
related
$500,000 · Esther C Walker
Nov 29, 2007
$1,400,000
Georgetown Square Properties
Esther C Walker
Warranty Deed
$1,050,000 · Esther C Walker
—
—
Georgetown Square Prop LLC
—
Loan Modification
related
$500,000 · Esther C Walker
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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