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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
346 Freeman St Longwood, FL 32750-4171
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3224579
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1987
Construction
CONCRETE
Total area
3,090 SF
Lot
0.25 ac (11,000 SF)
APN
31-20-30-5AU-0000-3840
UPID
US18-3224579
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
-
Falcon Design and Construction Construction Company General Contractor
-
Kesia Blair, Licensed Sales Agent, UnitedHealthcare®, Longwood Insurance Agency
-
Authentic Touch Spa & Massage Center
-
The Fitch House at Founder's Square Real Estate Agency
-
EPS Houses LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$669k
Blend (final)
Blend
$585k
Owner & transaction history
The Fitch House At Founders Square · 5 yrs held
The Fitch House At Founders Square
since 2021
Last sale
$450,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$820,000
+22.3%
Neighborhood: shopping center
$685,000
+2.5%
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 Longwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longwood 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
$530,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$670,000
Current use
COMMERCIAL (GENERAL)
$820,000
Change: +22% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$685,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $450k (Jul 27 2021)
Last sale anchor
$450k
Jul 27 2021
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
$189 / 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
$6,109
Tax year 2023
Assessed value
$383,454
Assessed 2023
Previous assessed
$373,655
+2.6% YoY
Effective rate
1.59%
On assessed value
Land market value
$88,330
Improvement market value
$295,124
Total market value
$383,454
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
3
Total area
3,090 SF
Lot
0.25 ac (11,000 SF)
APN
31-20-30-5AU-0000-3840
UPID
US18-3224579
Jurisdiction
SEMINOLE
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
OFFICE BUILDING Current
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$685,000
RETAIL STORES
Est. value
$585,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1987
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
The Fitch House At Founders Square
Individual
Mailing address
PO BOX 195172, WINTER SPGS, FL 32719-5172
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
$450,000
The Fitch House At Founders Square
Krohn Lighting LLC
Special Warranty Deed
$408,000 · Citizens Bank
Nov 16, 2015
$322,100
Krohn Lighting LLC
Sanders,henry D
Warranty Deed
—
Jun 10, 2014
—
Manjura Trust
Manjura Bonnie D
Quit Claim Deed
related
—
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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