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Property profile & analytics
OFF-MARKET
Auto shops
502 Central Ave, Avon Park, FL 33825-2612
Entity Owned
~
Est. High Equity
Property ID
US18-1301368
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,416 SF
Lot
0.76 ac (33,236 SF)
Zoning code
I1
APN
A-22-33-28-010-0060-0050
UPID
US18-1301368
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hancock Holdings Ap LLC
Hancock Holdings Ap LLC
since 2026
7 recorded transactions
Zoning & alternative use
I1 · Avon Park, FL
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,172
Tax year 2023
Assessed value
$124,804
Assessed 2023
Previous assessed
$102,316
+22.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$33,236
Assessed improvement
$91,568
Land market value
$33,236
Improvement market value
$91,568
Total market value
$124,804
Applied tax rate
10.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
4
Total area
1,416 SF
Lot
0.76 ac (33,236 SF)
Zoning code
I1
APN
A-22-33-28-010-0060-0050
UPID
US18-1301368
Jurisdiction
HIGHLANDS
Zoning & alternative use
I1 · Avon Park, FL
Zoning I1 · permitted uses
I1 · 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.
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
4
Lot
0.76 ac
Current owner
From public records · entity-resolved
Hancock Holdings Ap LLC
Entity
Mailing address
PO BOX 742, AVON PARK, FL 33826-0742
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
—
Hancock Holdings Ap LLC
Terry Hancock
Deed
related
—
Feb 1, 2022
—
Terry Hancock
—
Deed
related
$318,750 · South State Bank National Association
May 10, 2018
—
Terry M Hancock JR
—
Deed
related
$105,000 · Harbor Cmnty Bk
Dec 30, 2009
$140,000
Terry Hancock
Crosson,travis E & Dawn G
Warranty Deed
$105,000 · Highlands Independent Bank
Jul 1, 2002
$80,000
Travis E Crosson
Flagg,kenneth A
Grant Deed
$128,000 · Highlands Independent Bank
—
—
Terry M Hancock JR
—
Loan Modification
related
$105,000 · Harbor Cmnty Bk
—
—
Travis E Crosson
—
Deed Of Trust
related
$61,517 · Suntrust Bank NA
—
—
Travis E Crosson
—
Deed Of Trust
related
$299,700 · Highlands Independent Bank
—
—
Crosson Trust
—
Deed Of Trust
related
$108,000 · Highlands Independent Bank
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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