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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Grocery and convenience stores
3081 Michigan Ave Kissimmee, FL 34744-1564
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US19-0487932
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Total area
9,255 SF
Lot
1.11 ac (48,352 SF)
Zoning code
KB3
APN
22529126800010010
UPID
US19-0487932
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
-
Bravo Supermarkets Specialty Food Shop Supermarket
-
Western Union Bank Credit Union
-
JJ Mobile planet Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.45M
Owner & transaction history
3081 Upr LLC · 20 yrs held
3081 Upr LLC
since 2006
5 recorded transactions
Zoning & alternative use
KB3 · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,345,000
Current use
OFFICE BUILDING
$2,300,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$2,050,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$157 / 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
$16,304
Tax year 2023
Assessed value
$937,200
Assessed 2023
Previous assessed
$843,100
+11.2% YoY
Effective rate
1.74%
On assessed value
Assessed land
$559,500
Assessed improvement
$377,700
Land market value
$559,500
Improvement market value
$377,700
Total market value
$937,200
Applied tax rate
200.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Rooms
5
Total area
9,255 SF
Lot
1.11 ac (48,352 SF)
Zoning code
KB3
APN
22529126800010010
UPID
US19-0487932
Jurisdiction
OSCEOLA
Zoning & alternative use
KB3 · Kissimmee, FL
Zoning KB3 · permitted uses
KB3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.1M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2000
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Lot
1.11 ac
Current owner
From public records · entity-resolved
3081 Upr LLC
Entity
Mailing address
3081 MICHIGAN AVE, KISSIMMEE, FL 34744-1564
Ownership since
2006
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
Oct 26, 2021
—
3081 Upr LLC
—
Deed
related
$25,000 · Florida Capital Bank NA
Aug 23, 2016
—
3081 Upr LLC
—
Deed
related
$800,000 · Florida Capital Bank NA
Jun 6, 2006
$2,050,000
3081 Upr LLC
Kathy D Sheive
Warranty Deed
$1,560,000 · Wachovia Bank NA
—
—
3081 Upr LLC
—
Deed Of Trust
related
$700,000 · Messeguer Manuel Family Trust
—
—
Upr Group INC
—
Deed Of Trust
related
$158,045 · C T Stores INC
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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