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Property profile & analytics
OFF-MARKET
Estimated value
$3,345,000
Retail space
3187 Black Lk Rd Kissimmee, FL 34747-1713
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5665405
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Total area
9,937 SF
Lot
0.87 ac (37,931 SF)
Zoning code
P-D
APN
34-24-27-1000-01-008
UPID
US18-5665405
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
-
ABC Fine Wine & Spirits Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$3.35M
Owner & transaction history
Jhb 1 Property Management Lllp · 3 yrs held
Jhb 1 Property Management Lllp
since 2023
Last sale
$3.6M
1 recorded transaction
Zoning & alternative use
P-D · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.4M
+115.9%
Auto repair, garage
$3.0M
+17.9%
Neighborhood: shopping center
$2.8M
+11.9%
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
$3,325,000
ML approach
$3,180,000
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,790,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,520,000
Current use
COMMERCIAL (GENERAL)
$5,440,000
Change: +116% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,970,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,820,000
Change: +12% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,740,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$2,570,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$3.35M
Range $3.01M – $3.68M · ±10% · vs last sale $3.61M (Jan 3 2023)
Last sale anchor
$3.61M
Jan 3 2023
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
$337 / 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
$49,524
Tax year 2023
Assessed value
$3,193,301
Assessed 2023
Previous assessed
$3,961,558
-19.4% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,007,819
Assessed improvement
$2,185,482
Land market value
$1,007,819
Improvement market value
$2,185,482
Total market value
$3,193,301
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
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
9,937 SF
Lot
0.87 ac (37,931 SF)
Zoning code
P-D
APN
34-24-27-1000-01-008
UPID
US18-5665405
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Kissimmee, FL
Zoning P-D · permitted uses
P-D · 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
$2.5M
COMMERCIAL (GENERAL)
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Jhb 1 Property Management Lllp
Entity
Mailing address
8989 S ORANGE AVE, ORLANDO, FL 32824-7904
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
$3,607,000
Jhb 1 Property Management Lllp
Abc Liquors INC
Warranty Deed
$2,300,000 · Seaside National Bank & Trust
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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