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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Manufacturing properties
3969 Merlin Dr Kissimmee, FL 34741-4551
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-6010093
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
15,440 SF
Lot
1.52 ac (66,211 SF)
Zoning code
KAI
APN
192529102400010020
UPID
US18-6010093
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
-
Aviation Blade Services Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$953k
Blend (final)
Blend
$1.24M
Owner & transaction history
Aviation Blade Services INC · 6 yrs held
Aviation Blade Services INC
since 2019
4 recorded transactions
Zoning & alternative use
KAI · Kissimmee, FL
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 Kissimmee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kissimmee 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,325,000
7%
$1,230,000
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$80 / 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
$13,762
Tax year 2023
Assessed value
$924,800
Assessed 2023
Previous assessed
$771,500
+19.9% YoY
Effective rate
1.49%
On assessed value
Assessed land
$348,300
Assessed improvement
$576,500
Land market value
$348,300
Improvement market value
$576,500
Total market value
$924,800
Applied tax rate
200.0000
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
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
15,440 SF
Lot
1.52 ac (66,211 SF)
Zoning code
KAI
APN
192529102400010020
UPID
US18-6010093
Jurisdiction
OSCEOLA
Zoning & alternative use
KAI · Kissimmee, FL
Zoning KAI · permitted uses
KAI · Kissimmee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kissimmee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Aviation Blade Services INC
Entity
Mailing address
3969 MERLIN DR, KISSIMMEE, FL 34741-4551
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
Aviation Blade Services INC
—
Deed
related
$1,232,500 · Branch Bk&tr
Jun 14, 2016
—
Aviation Blade Services INC
—
Deed
related
$680,000 · Branch Bk&tr
—
—
Aviation Blade Services INC
—
Deed Of Trust
related
$1,232,500 · Branch Bk&tr
—
—
Aviation Blade Services INC
—
Deed Of Trust
related
$680,000 · Branch Bk&tr
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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