New search
Property profile & analytics
FOR LEASE
Strip malls
42601 Highway 27 Davenport, FL 33837
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5360349
For Lease
1 / 41
$38 SF/Yr
42601 Highway 27, Davenport, FL 33837
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
28,952 SF
Lot
4.6 ac (200,289 SF)
APN
272617000000043050
UPID
US18-5360349
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
by Request
CAP Approach
CAP
$5.79M
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$4.24M
Owner & transaction history
Dc Crossings LLC · 14 yrs held
Dc Crossings LLC
since 2011
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.0M
+32.8%
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 Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport 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%
$6,275,000
6.5%
$5,790,000
7%
$5,375,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,305,000
Current use
AUTO REPAIR, GARAGE
$7,045,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$4,500,000
Change: -15% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,475,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.81M – $4.66M · ±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
$146 / 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
$60,102
Tax year 2023
Assessed value
$3,886,079
Assessed 2023
Previous assessed
$3,902,074
-0.4% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,061,325
Assessed improvement
$2,824,754
Land market value
$1,061,325
Improvement market value
$2,824,754
Total market value
$3,886,079
Applied tax rate
90,000.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2006
Heating
NONE
Stories
1
Units
1
Total area
28,952 SF
Lot
4.6 ac (200,289 SF)
APN
272617000000043050
UPID
US18-5360349
Jurisdiction
POLK
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2006
Heating
NONE
Stories
1
Units
1
Lot
4.6 ac
Current owner
From public records · entity-resolved
Dc Crossings LLC
Entity
Free & Clear · 14 yrs held
Mailing address
500 S FLORIDA AVE STE #700, LAKELAND, FL 33801-5270
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Sep 9, 2019
—
Dc Crossings LLC
—
Deed
related
$3,312,000 · Keybank USA
Dec 30, 2011
$3,050,000
Dc Crossings LLC
Odyssey Dp Xii LLC
Grant Deed
—
Nov 15, 2005
—
Odyssey Dp Xii LLC
Owner,record
Grant Deed
related
—
Oct 26, 2005
—
Deer Creek Crossings LLC
Deer Creek Ltd
Quit Claim Deed
related
—
—
—
Dc Crossings LLC
—
Loan Modification
related
$3,312,000 · Keybank USA
—
—
Odyssey Dp Xii LLC
—
Deed Of Trust
related
$5,840,000 · Column Financial INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
