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Property profile & analytics
FOR SALE
Retail space
312 E Main St Dundee, FL 33838
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-3564460
For Sale
1 / 27
$259,900
312 E Main St, Dundee, FL 33838
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
FRAME
Total area
1,128 SF
Lot
0.17 ac (7,497 SF)
Zoning code
C-1
APN
272828836000015050
UPID
US18-3564460
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
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
Robert Douglas Stern · 2 yrs held
Robert Douglas Stern
since 2024
Last sale
$49,500
4 recorded transactions
Zoning & alternative use
C-1 · Dundee, 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 Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee 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
$1,178
Tax year 2023
Assessed value
$50,849
Assessed 2023
Previous assessed
$48,449
+5.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$11,620
Assessed improvement
$39,229
Land market value
$11,620
Improvement market value
$39,229
Total market value
$50,849
Applied tax rate
90,460.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1948
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
1,128 SF
Lot
0.17 ac (7,497 SF)
Zoning code
C-1
APN
272828836000015050
UPID
US18-3564460
Jurisdiction
POLK
Zoning & alternative use
C-1 · Dundee, FLZoning C-1 · permitted uses
C-1 · Dundee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Robert Douglas Stern
Individual
Free & Clear · 2 yrs held
Mailing address
11 N LAKEVIEW DR, HAINES CITY, FL 33844-9453
Ownership since
2024
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
Jul 19, 2024
—
Robert Douglas Stern
R Douglas Stern
Intrafamily Transfer
related
—
Oct 13, 2016
$49,500
R Douglas Stern
New Life Orphanages Intl INC
Warranty Deed
$49,500 · Private Individual
Jan 24, 2008
—
New Life Orphanages Intl INC
Newlife Christian Home INC
Quit Claim Deed
related
—
Feb 19, 1998
$35,000
New Life Christian Homes INC
Greensides,william B
Grant Deed
$31,500 · Seller
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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