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Property profile & analytics
OFF-MARKET
Estimated value
$6,810,000
Manufacturing properties
3850 Lk Mary Blvd, Sanford, FL 32773-6609
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7399359
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2015
Construction
CONCRETE
Total area
42,427 SF
Lot
10.21 ac (444,878 SF)
APN
03-20-31-502-0000-0010
UPID
US18-7399359
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
-
Quantum Construction General Contractor
-
Seminole Masonry, LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.47M
Blend (final)
Blend
$6.81M
Owner & transaction history
Sfg Isf Sanford Lake Mary LLC · 4 yrs held
Sfg Isf Sanford Lake Mary LLC
since 2021
Last sale
$6.3M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.4M
+56.5%
Office building
$6.9M
+13.9%
Commercial (general)
$6.5M
+8.5%
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$6,620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,020,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,425,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$6,860,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,535,000
Change: +9% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,365,000
Change: +6% · Conversion: Easy
RETAIL STORES
$5,875,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$6.81M
Range $6.13M – $7.49M · ±10% · vs last sale $6.25M (Nov 8 2021)
Last sale anchor
$6.25M
Nov 8 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
$161 / 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
$73,548
Tax year 2023
Assessed value
$5,526,602
Assessed 2023
Previous assessed
$5,385,172
+2.6% YoY
Effective rate
1.33%
On assessed value
Land market value
$1,272,351
Improvement market value
$4,254,251
Total market value
$5,526,602
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2015
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
42,427 SF
Lot
10.21 ac (444,878 SF)
APN
03-20-31-502-0000-0010
UPID
US18-7399359
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
INDUSTRIAL (GENERAL) Current
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.4M
OFFICE BUILDING
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.5M
WAREHOUSE, STORAGE
Est. value
$6.4M
RETAIL STORES
Est. value
$5.9M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2015
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
10.21 ac
Current owner
From public records · entity-resolved
Sfg Isf Sanford Lake Mary LLC
Entity
Mailing address
3280 PEACHTREE RD NE STE #2770, ATLANTA, GA 30305-0021
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2021
$6,250,000
Sfg Isf Sanford Lake Mary LLC
Seminole Land Management LLC
Warranty Deed
$15,978,026 · Bawag Psk Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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