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Property profile & analytics
OFF-MARKET
Strip malls
351 Ronald Reagan Blvd 1005 Longwood, FL 32750-4159
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-6406207
Property summary
AI-generated overview
This exceptional Class A, single-story shopping center, located at 351 N Ronald Reagan Boulevard in Longwood, Florida (zip code 32750), presents a compelling investment opportunity. The 19,877 square foot property boasts a strong 8.19% capitalization rate, generating a net operating income (NOI) of $466,637. Currently 100% occupied by nine diverse tenants across various sectors, including retail, dining, entertainment, and health services, this multi-tenant retail center offers a stable and consistent income stream. Situated in Seminole County, this property benefits from its strategic location adjacent to an Orlando SunRail station, ensuring high visibility and foot traffic. The asking price is $5,700,000, making it an attractive proposition for investors seeking a well-positioned, fully leased asset in a rapidly developing area of Florida. The property is offered as a Triple Net (NNN) lease.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
CONCRETE BLOCKS
Total area
10,057 SF
Lot
1.53 ac (66,647 SF)
APN
31-20-30-5AU-0000-1710
UPID
US18-6406207
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
-
P.H.I.T. Performance Health & Integrative Training Gym & Fitness Center
-
Alestone Brewing Co. Production Facility Brewery & Distillery
-
Nan & Pop's Ice Cream Shop Grocery & Convenience Store Specialty Food Shop
-
One F1tness Gym & Fitness Center
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
Sls Plaza LLC · 1 yrs held
Sls Plaza LLC
since 2025
Last sale
$5.4M
1 recorded transaction
Zoning & alternative use
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 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
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
$27,106
Tax year 2023
Assessed value
$1,783,838
Assessed 2023
Previous assessed
$1,735,373
+2.8% YoY
Effective rate
1.52%
On assessed value
Land market value
$553,828
Improvement market value
$1,230,010
Total market value
$1,783,838
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
10,057 SF
Lot
1.53 ac (66,647 SF)
APN
31-20-30-5AU-0000-1710
UPID
US18-6406207
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
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Sls Plaza LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 951659, LAKE MARY, FL 32795-1659
Ownership since
2025
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
May 7, 2025
$5,400,000
Sls Plaza LLC
Grimaldi & Giambrone Management Com
Warranty Deed
—
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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