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Property profile & analytics
OFF-MARKET
Estimated value
$11,610,000
Distribution centers
3980 Lk Mary Blvd Sanford, FL 32773-6611
Entity Owned
7-yr Hold
Property ID
US18-6499633
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2019
Construction
CONCRETE
Total area
117,595 SF
Lot
8 ac (348,480 SF)
APN
03-20-31-300-008E-0000
UPID
US18-6499633
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
-
Beaver Land Clearing LLC Landscaping General Contractor
-
Store Space Self Storage Storage Facility
-
Life Storage - Sanford Moving Company Storage Facility
-
Park 4 Dayz Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.28M
Blend (final)
Blend
$11.61M
Owner & transaction history
Seminole Storage Units I LLC · 7 yrs held
Seminole Storage Units I LLC
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$19.0M
+7.8%
Commercial (general)
$18.1M
+2.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,645,000
Current use
OFFICE BUILDING
$19,015,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,115,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$16,690,000
Change: -5% · Conversion: Easy
RETAIL STORES
$16,290,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$11.61M
Range $10.45M – $12.77M · ±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
$99 / 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
$108,722
Tax year 2023
Assessed value
$8,169,659
Assessed 2023
Previous assessed
$7,643,007
+6.9% YoY
Effective rate
1.33%
On assessed value
Land market value
$1,996,790
Improvement market value
$6,172,869
Total market value
$8,169,659
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
117,595 SF
Lot
8 ac (348,480 SF)
APN
03-20-31-300-008E-0000
UPID
US18-6499633
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
WAREHOUSE, STORAGE Current
Est. value
$17.6M
OFFICE BUILDING
Est. value
$19.0M
COMMERCIAL (GENERAL)
Est. value
$18.1M
INDUSTRIAL (GENERAL)
Est. value
$16.7M
RETAIL STORES
Est. value
$16.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
8 ac
Current owner
From public records · entity-resolved
Seminole Storage Units I LLC
Entity
Mailing address
330 E CROWN PT RD, WINTER GARDEN, FL 34787-2998
Ownership since
2018
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
May 11, 2022
—
Seminole Storage Units I LP
—
Deed
related
$150,000,000 · Key Bank NA
Oct 22, 2018
—
Seminole Storage Unites 1 LLC
—
Deed
related
$5,692,000 · Citizens First Bank INC
Aug 25, 2018
—
Seminole Storage Units I LLC
Seminole Land Holdings LLC
Quit Claim Deed
related
—
Sep 26, 2003
—
Seminole County (fl)
Brooks,joe W
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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