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Property profile & analytics
FOR SALE
Banks
460 E Altamonte Dr, Altamonte Springs, FL 32701
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US18-0999705
For Sale
1 / 4
$4,870,000
460 E Altamonte Dr, Altamonte Springs, FL 32701
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1989
Construction
CONCRETE BLOCKS
Total area
31,635 SF
Lot
2.92 ac (127,108 SF)
APN
12-21-29-5BE-0000-5640
UPID
US18-0999705
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
by Request
Comparable Approach
Comparable
$4.87M
Blend (final)
Blend
$4.87M
Owner & transaction history
Altamonte Oaks Medical Group · 21 yrs held
Altamonte Oaks Medical Group
since 2004
5 recorded transactions
Zoning & alternative use
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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
Blend value · Realmo final
$4.87M
Range $4.38M – $5.36M · ±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
$154 / 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
$38,159
Tax year 2023
Assessed value
$2,341,434
Assessed 2023
Previous assessed
$2,167,662
+8.0% YoY
Effective rate
1.63%
On assessed value
Land market value
$1,999,789
Improvement market value
$341,645
Total market value
$2,341,434
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
Banks
Use group
FINANCIAL BUILDING
Status
For Sale
Year built
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Bathrooms
8
Total area
31,635 SF
Lot
2.92 ac (127,108 SF)
APN
12-21-29-5BE-0000-5640
UPID
US18-0999705
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
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
3
Bathrooms
8
Lot
2.92 ac
Current owner
From public records · entity-resolved
Altamonte Oaks Medical Group
Entity
Mailing address
314 FLAGLER AVE, NEW SMYRNA, FL 32169-2639
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2017
—
Altamonte Oaks Medical Group L
—
Deed
related
$2,300,000 · Iberiabank
Jul 3, 2017
—
Altamonte Oaks Medical Plaza L
—
Deed
related
$250,000 · Harbor Cmnty Bk
Jul 1, 2004
$3,100,000
Altamonte Oaks Medical Group
First States Investors 64 LP
Grant Deed
$3,800,000 · First Commercial Bank Florida
—
—
Altamonte Oaks Medical Plaza L
—
Deed Of Trust
related
$250,000 · Harbor Cmnty Bk
—
—
Altamonte Oaks Medical Group L
—
Deed Of Trust
related
$2,300,000 · Iberiabank
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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