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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Parking lots & garages
417 Us 27th N Lake Placid, FL 33852
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2854535
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.61 ac (26,700 SF)
Zoning code
C1
APN
P-31-36-30-080-00B3-0000
UPID
US18-2854535
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
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Ps Lake Placid LLC · 1 yrs held
Ps Lake Placid LLC
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C1 · Lake Placid, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C-1 Highway Commercial District is to provide for commercial uses of land and buildings along highway frontage.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
173.85 ac
Source
Realmo
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 Lake Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid 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
$1,455,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10% · vs last sale $1.63M (Jan 23 2025)
Last sale anchor
$1.63M
Jan 23 2025
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
—
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
$1,738
Tax year 2023
Assessed value
$103,040
Assessed 2023
Previous assessed
$103,040
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$93,450
Assessed improvement
$9,590
Land market value
$93,450
Improvement market value
$9,590
Total market value
$103,040
Applied tax rate
50.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.61 ac (26,700 SF)
Zoning code
C1
APN
P-31-36-30-080-00B3-0000
UPID
US18-2854535
Jurisdiction
HIGHLANDS
Zoning & alternative use
C1 · Lake Placid, FLZoning C1 · permitted uses
C1 · Lake Placid, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C-1 Highway Commercial District is to provide for commercial uses of land and buildings along highway frontage.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
173.85 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.61 ac
Current owner
From public records · entity-resolved
Ps Lake Placid LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1918 W CASS ST, TAMPA, FL 33606-1232
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
$1,625,000
Ps Lake Placid LLC
Rocwell Tower LLC
Special Warranty Deed
—
May 3, 2022
$825,000
Rocwell Tower LLC
Jmd88 Investments LLC
Warranty Deed
$480,000 · Vast Bank NA
Dec 30, 2016
—
Jmd88 Investments LLC
—
Deed
related
$440,000 · Harbor Cmnty Bk
Mar 18, 2015
$450,000
Jmd88 Investments LLC
The Capellini Real Estate Family Li
Warranty Deed
$356,250 · Wauchula State Bank
Jul 25, 2014
—
Capellini Real Estate Family L
Moll,john M Coc
Trustees Deed
related
—
Aug 10, 2009
$465,000
Royal Castle Foods INC
Capellini R/e Family LP 2
Grant Deed
$450,000 · Capellini R/e Family LP
Mar 11, 2004
—
Capellini Real Estate Family
Capellini,albert
Quit Claim Deed
related
—
—
—
Jmd88 Investments LLC
—
Deed Of Trust
related
$440,000 · Harbor Cmnty Bk
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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