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Property profile & analytics
OFF-MARKET
Estimated value
$17,045,000
Retail properties & Spaces
500 Golf Tee Ln, Longwood, FL 32779-6177
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-0849134
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1988
Construction
CONCRETE
Total area
56,557 SF
Lot
2.93 ac (127,587 SF)
APN
04-21-29-300-034A-0000
UPID
US18-0849134
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
$17.04M
Blend (final)
Blend
$17.05M
Owner & transaction history
Gb Longwood Properties LLC · 17 yrs held
Gb Longwood Properties LLC
since 2009
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$26.1M
+41.8%
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 Longwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longwood 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$18,420,000
Current use
AUTO REPAIR, GARAGE
$26,120,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,990,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$17.05M
Range $15.34M – $18.75M · ±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
$301 / 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
$103,334
Tax year 2023
Assessed value
$8,375,277
Assessed 2023
Previous assessed
$7,731,610
+8.3% YoY
Effective rate
1.23%
On assessed value
Land market value
$936,100
Improvement market value
$7,439,177
Total market value
$8,375,277
Applied tax rate
1.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
2
Units
37
Bathrooms
50
Total area
56,557 SF
Lot
2.93 ac (127,587 SF)
APN
04-21-29-300-034A-0000
UPID
US18-0849134
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
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$18.4M
AUTO REPAIR, GARAGE
Est. value
$26.1M
COMMERCIAL (GENERAL)
Est. value
$15.0M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
AUTO REPAIR, GARAGE
COMMERCIAL (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
1988
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
3
Units
37
Bathrooms
50
Lot
2.93 ac
Current owner
From public records · entity-resolved
Gb Longwood Properties LLC
Entity
Mailing address
600 N HURSTBOURNE PKWY, LOUISVILLE, KY 40222-5385
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
—
Gb Long Wood Properties LLC
—
Deed
related
$720,000 · Jll Real Estate Capital LLC
Jun 12, 2009
$195,000
Gb Longwood Properties LLC
385 Golf Brook Circle Longwood LLC
Special Warranty Deed
$14,625,000 · Holliday Fenoglio Fowler LP
Feb 6, 2006
$43,153,500
Golfbrook Rb-gem LLC
Nts Realty Holdings
Grant Deed
$39,000,000 · Fremont Investment & Loan
Dec 30, 2004
$21,700,000
Nts Realty Holdings
Nts Sabal Golf Villas
Grant Deed
related
—
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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