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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
47 Lk Damon Dr, Avon Park, FL 33825-8902
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-3883777
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,840 SF
Lot
55.63 ac (2,423,243 SF)
Zoning code
R1
APN
C-03-33-28-010-00C0-0090
UPID
US18-3883777
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
$340k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$560k
Owner & transaction history
City Of Avon Park · 13 yrs held
City Of Avon Park
since 2012
1 recorded transaction
Zoning & alternative use
R1 · Avon Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$770,000
+50.7%
Medical building
$630,000
+23.6%
Office building
$630,000
+22.9%
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 Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park 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
$340,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$510,000
Current use
RETAIL STORES
$770,000
Change: +51% · Conversion: Moderate
MEDICAL BUILDING
$630,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$475,000
Change: -7% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$425,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$11,575
Tax year 2023
Assessed value
$770,439
Assessed 2023
Previous assessed
$724,308
+6.4% YoY
Effective rate
1.50%
On assessed value
Assessed land
$117,815
Assessed improvement
$652,624
Land market value
$117,815
Improvement market value
$652,624
Total market value
$770,439
Applied tax rate
40.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Rooms
1
Bathrooms
7
Total area
3,840 SF
Lot
55.63 ac (2,423,243 SF)
Zoning code
R1
APN
C-03-33-28-010-00C0-0090
UPID
US18-3883777
Jurisdiction
HIGHLANDS
Zoning & alternative use
R1 · Avon Park, FL
Zoning R1 · permitted uses
R1 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avon Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$510,000
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING
Est. value
$630,000
OFFICE BUILDING
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$475,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$425,000
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Rooms
1
Bathrooms
7
Lot
55.63 ac
Current owner
From public records · entity-resolved
City Of Avon Park
Entity
Free & Clear · 13 yrs held
Mailing address
47 W LK DAMON DR, AVON PARK, FL 33825-8902
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2012
$10,000
City Of Avon Park
River Greens South Golf Crse I
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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