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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
385 Us Hwy 17th 92 Longwood, FL 32750-5583
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-7002848
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
CONCRETE BLOCKS
Total area
2,070 SF
Lot
0.89 ac (38,768 SF)
APN
04-21-30-300-002B-0000
UPID
US18-7002848
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
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$583k
Blend (final)
Blend
$580k
Owner & transaction history
Present Equity Retail Longwood LLC · 4 yrs held
Present Equity Retail Longwood LLC
since 2022
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$955,000
+143.1%
Commercial (general)
$550,000
+39.5%
Neighborhood: shopping center
$460,000
+16.9%
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 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
$715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
RETAIL STORES
$395,000
Current use
AUTO REPAIR, GARAGE
$955,000
Change: +143% · Conversion: Difficult
COMMERCIAL (GENERAL)
$550,000
Change: +40% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$460,000
Change: +17% · Conversion: Moderate
OFFICE BUILDING
$450,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$355,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $575k (Apr 4 2022)
Last sale anchor
$575k
Apr 4 2022
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
$280 / 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
$8,403
Tax year 2023
Assessed value
$631,440
Assessed 2023
Previous assessed
$543,846
+16.1% YoY
Effective rate
1.33%
On assessed value
Land market value
$498,391
Improvement market value
$133,049
Total market value
$631,440
Applied tax rate
1.0000
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
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,070 SF
Lot
0.89 ac (38,768 SF)
APN
04-21-30-300-002B-0000
UPID
US18-7002848
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
RETAIL STORES Current
Est. value
$395,000
AUTO REPAIR, GARAGE
Est. value
$955,000
COMMERCIAL (GENERAL)
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$460,000
OFFICE BUILDING
Est. value
$450,000
WAREHOUSE, STORAGE
Est. value
$355,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Present Equity Retail Longwood LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2627 NE 203RD ST STE #220, MIAMI, FL 33180-1946
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
—
Present Equity Retail Longwood LLC
Sid Monzadeh
Trustees Deed
related
—
Mar 31, 2022
$621,000
Present Equity Retail Longwood LLC
Sid Monzadeh
Trustees Deed
related
—
Nov 29, 2018
—
Autosports LLC
—
Deed
related
$325,000 · Pinehurst Capital LLC
Jul 13, 2018
$575,000
Autosports LLC
Prussiano,joseph JR
Warranty Deed
—
Aug 22, 2012
—
Joseph Prussiano JR.
Jade Palace Longwood LLC Coc
Trustees Deed
related
—
May 8, 2009
$650,000
Jade Palace Longwood LLC
385 Hwy 17-92 S LLC
Warranty Deed
$575,000 · Joseph B JR Prussiano
Apr 8, 2008
—
385 Hwy 17-92 S LLC
Prussiano,joseph B
Quit Claim Deed
related
—
—
—
Autosports LLC
—
Deed Of Trust
related
$325,000 · Pinehurst Capital LLC
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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