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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
400 Park Ave Apopka, FL 32712-4152
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-1891601
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Total area
3,974 SF
Lot
0.82 ac (35,519 SF)
Zoning code
O
APN
04-21-28-2204-04-110
UPID
US18-1891601
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
-
Park City Office City Government Office
-
The Apopka Chief and The Planter Newspapers / Apopka Office Supply Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$520k
Owner & transaction history
Marc Properties Lllp · 1 yrs held
Marc Properties Lllp
since 2025
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
O · Apopka, 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 Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $600k (Nov 14 2024)
Last sale anchor
$600k
Nov 14 2024
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
$131 / 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
$9,126
Tax year 2023
Assessed value
$615,665
Assessed 2023
Previous assessed
$585,248
+5.2% YoY
Effective rate
1.48%
On assessed value
Assessed land
$223,769
Assessed improvement
$391,896
Land market value
$223,769
Improvement market value
$391,896
Total market value
$615,665
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
3,974 SF
Lot
0.82 ac (35,519 SF)
Zoning code
O
APN
04-21-28-2204-04-110
UPID
US18-1891601
Jurisdiction
ORANGE
Zoning & alternative use
O · Apopka, FL
Zoning O · permitted uses
O · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apopka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
0.82 ac
Current owner
From public records · entity-resolved
Marc Properties Lllp
Entity
Mailing address
400 N PARK AVE, APOPKA, FL 32712-4152
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
$600,000
Marc Properties Lllp
Jer Apopka LLC
Warranty Deed
—
Feb 22, 2018
$391,300
Jer Apopka LLC
Pless,charlotte E
Grant Deed
—
Oct 19, 2009
$700,000
Pless James A Trust
Pless James A
Grant Deed
related
—
May 30, 2001
$63,500
James A Pless
Pless,charlotte E
Grant Deed
related
$63,488 · Charlotte E
—
—
James A Pless
—
Deed Of Trust
related
$175,000 · Southtrust Bank NA
—
—
James A Pless
—
Deed Of Trust
related
$254,754 · Southtrust Bank NA
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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