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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Grocery and convenience stores
38409 Hwy 27 Davenport, FL 33837-7889
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-5255157
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Total area
3,440 SF
Lot
1.94 ac (84,419 SF)
APN
272708727500030012
UPID
US18-5255157
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
-
Cardtronics Atm
-
Frank's auto detailing Car Wash
-
7-Eleven Grocery & Convenience Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Webbs Convenience Stores INC · 17 yrs held
Webbs Convenience Stores INC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+68.8%
Commercial (general)
$975,000
+54.6%
Office building
$850,000
+34.5%
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 Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport 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
by Request
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Current use
MEDICAL BUILDING
$1,065,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$975,000
Change: +55% · Conversion: Easy
OFFICE BUILDING
$850,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$835,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$535,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$222 / 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
$29,819
Tax year 2023
Assessed value
$1,461,289
Assessed 2023
Previous assessed
$1,546,701
-5.5% YoY
Effective rate
2.04%
On assessed value
Assessed land
$970,830
Assessed improvement
$490,459
Land market value
$970,830
Improvement market value
$490,459
Total market value
$1,461,289
Applied tax rate
90,420.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
3,440 SF
Lot
1.94 ac (84,419 SF)
APN
272708727500030012
UPID
US18-5255157
Jurisdiction
POLK
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$630,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$835,000
RETAIL STORES
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1999
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Webbs Convenience Stores INC
Entity
Mailing address
PO BOX 711, DALLAS, TX 75221-0711
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2023
—
Webbs Convenience Stores INC
—
Deed
related
$211,809 · Wauchula State Bank
Aug 12, 2023
—
Webbs Convenience Stores INC
—
Deed
related
$211,809 · Wauchula State Bank
Feb 10, 2021
—
Webbs Citrus Packing & Candy Factor
—
Deed
related
$300,000 · Wauchula State Bank
Sep 28, 2020
—
Webbs Convenience Stores INC
—
Deed
related
$900,000 · Wauchula St Bk
Apr 20, 2020
—
Webbs Convenience Stores INC
—
Deed
related
$1,744,575 · Wauchula St Bk
Jan 16, 2009
—
Webbs Convenience Stores INC
Webbs Citrus Packing & Candy
Quit Claim Deed
related
$1,740,000 · Bankers Ln Processing
—
—
Webbs Convenience Stores INC
—
Loan Modification
related
—
—
—
Webbs Convenience Stores INC
—
Deed Of Trust
related
$2,095,000 · Wauchula St Bk
—
—
Webbs Convenience Stores INC
—
Loan Modification
related
$1,744,575 · Wauchula St Bk
—
—
Webbs Convenience Stores INC
—
Deed Of Trust
related
$900,000 · Wauchula St Bk
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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