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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Retail space
32501 Sumter Line Rd Wildwood, FL 34785-8801
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-2076226
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
9,161 SF
Lot
1.43 ac (62,291 SF)
APN
G24-022
UPID
US18-2076226
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
$2.47M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.30M
Owner & transaction history
Skyland Hills Corp · 6 yrs held
Skyland Hills Corp
since 2020
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+3.4%
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 Wildwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood 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
$2,400,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
$1,725,000
6.5%
$1,595,000
7%
$1,480,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,760,000
Current use
OFFICE BUILDING
$1,820,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.14M (Mar 4 2020)
Last sale anchor
$2.14M
Mar 4 2020
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
$251 / 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
$11,708
Tax year 2023
Assessed value
$1,436,060
Assessed 2023
Previous assessed
$745,190
+92.7% YoY
Effective rate
0.82%
On assessed value
Assessed land
$761,190
Assessed improvement
$674,870
Land market value
$761,190
Improvement market value
$674,870
Total market value
$1,436,060
Applied tax rate
1,001.0000
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
Off-Market
Year built
2019
Heating
NONE
Total area
9,161 SF
Lot
1.43 ac (62,291 SF)
APN
G24-022
UPID
US18-2076226
Jurisdiction
SUMTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES Current
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
2019
Heating
NONE
Lot
1.43 ac
Current owner
From public records · entity-resolved
Skyland Hills Corp
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 36177, CANTON, OH 44735-6177
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2020
$2,141,050
Skyland Hills Corp
Concept Dev INC
Grant Deed
—
Jul 2, 2019
$100
Lake Cnty
Concept Dev INC
Correction Deed
related
—
Jul 1, 2019
$400,000
Concept Dev INC
Holland Meadows LLC
Warranty Deed
—
Jul 1, 2019
$100
Lake Cnty
Holland Meadows LLC
Correction Deed
related
—
Jul 1, 2019
—
Concept Dev INC
—
Deed
related
$2,587,872 · Centerstate Bk NA
Jan 3, 2013
—
Holland Meadows LLC
Holland,david S
Quit Claim Deed
related
—
Feb 2, 2009
—
David S Holland
Holland Meadows LLC
Quit Claim Deed
related
—
Jun 17, 2008
—
Holland Meadows LLC
D & S Investment Trust
Quit Claim Deed
related
—
Feb 15, 2008
—
D & S Investment Trust
Sisters Land Dev LLC
Quit Claim Deed
related
—
Jan 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 10, 2006
—
Sisters Land Dev LLC
Tracy,donna
Quit Claim Deed
related
—
Feb 14, 2006
$27,500
Donna Tracy
Clerk Of Circuit Court/sumter Cnt
Tax Deed
—
Jun 28, 2002
—
James D Lewis
Wallace,stephanie D
Grant Deed
related
—
—
—
Concept Dev INC
—
Loan Modification
related
$2,587,872 · Centerstate Bk NA
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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