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Property profile & analytics
OFF-MARKET
Estimated value
$7,810,000
Automotive properties
42650 Hwy 27 Davenport, FL 33837-6850
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5902905
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2011
Total area
35,274 SF
Lot
8.84 ac (385,245 SF)
APN
272619704500010221
UPID
US18-5902905
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
-
Posner Park Chrysler Dodge Jeep RAM FIAT Service Center Auto Repair Shop
-
Posner Park Chrysler Dodge Jeep RAM Fiat Car Dealership Auto Repair Shop
-
posner park chrysler Auto Repair Shop Vehicle Inspection Center
-
Posner Park - Jeep Car Dealership Auto Repair Shop
-
Certified Agricultural Dealership of Posner Park Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.75M
Blend (final)
Blend
$7.81M
Owner & transaction history
Mahalak Ents Realty LLC · 12 yrs held
Mahalak Ents Realty LLC
since 2013
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.9M
+27.1%
Commercial (general)
$10.0M
+16.4%
Office building
$8.7M
+1.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,585,000
Current use
MEDICAL BUILDING
$10,910,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,995,000
Change: +16% · Conversion: Moderate
OFFICE BUILDING
$8,695,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$7.81M
Range $7.03M – $8.59M · ±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
$221 / 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
$85,938
Tax year 2023
Assessed value
$5,775,533
Assessed 2023
Previous assessed
$5,859,969
-1.4% YoY
Effective rate
1.49%
On assessed value
Assessed land
$2,889,375
Assessed improvement
$2,886,158
Land market value
$2,889,375
Improvement market value
$2,886,158
Total market value
$5,775,533
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2011
Heating
NONE
Stories
1
Units
1
Total area
35,274 SF
Lot
8.84 ac (385,245 SF)
APN
272619704500010221
UPID
US18-5902905
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
AUTO REPAIR, GARAGE Current
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$10.9M
COMMERCIAL (GENERAL)
Est. value
$10.0M
OFFICE BUILDING
Est. value
$8.7M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2011
Heating
NONE
Stories
1
Units
1
Lot
8.84 ac
Current owner
From public records · entity-resolved
Mahalak Ents Realty LLC
Entity
Mailing address
299 CYPRESS GDNS BLVD, WINTER HAVEN, FL 33880-4331
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2013
$1,000,000
Mahalak Ents Realty LLC
Mahalak Ents INC
Warranty Deed
related
—
Aug 10, 2007
$4,041,300
Mahalak Enterprises INC
Fidelity Properties Group LLC
Warranty Deed
—
Aug 10, 2004
$1,680,000
Fidelity Properties Group LLC
Liau W T P
Warranty Deed
$1,008,000 · Liau W T P (te)
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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