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Property profile & analytics
OFF-MARKET
Office buildings
511 Dixie Ave Fruitland Park, FL 34731-2413
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0821490
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
CONCRETE BLOCKS
Total area
886 SF
Lot
0.34 ac (15,000 SF)
APN
04-19-24-0600-000-02001
UPID
US19-0821490
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
-
Blue Valor Roofing Inc. Roofing Company General Contractor
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
Adam H Gamble · 2 yrs held
Adam H Gamble
since 2023
7 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 Fruitland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fruitland 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
$2,062
Tax year 2023
Assessed value
$104,896
Assessed 2023
Previous assessed
$95,932
+9.3% YoY
Effective rate
1.97%
On assessed value
Land market value
$49,913
Improvement market value
$54,983
Total market value
$104,896
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
886 SF
Lot
0.34 ac (15,000 SF)
APN
04-19-24-0600-000-02001
UPID
US19-0821490
Jurisdiction
LAKE
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
1940
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Adam H Gamble
Individual
Mailing address
37245 GRAYS AIRPORT RD, LADY LAKE, FL 32159-5315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2023
$149,000
Adam H Gamble
Randall Morgan
Warranty Deed
$119,000 · Randall Morgan
Mar 9, 2018
—
Lucille Morgan
Morgan,randall
Quit Claim Deed
related
—
Jan 8, 2018
—
Randall L Morgan
Morgan,lucille V
Quit Claim Deed
related
—
Feb 3, 2014
—
Lucille V Morgan
Morgan,lucille V
Quit Claim Deed
related
—
Oct 26, 2011
—
Joe L Morgan
Violette,kevin A Coc
Trustees Deed
related
—
Oct 13, 2011
—
Joe L Morgan
Clerk Of Court Of Lake County
Trustees Deed
related
—
Jan 13, 2006
—
Violette Kevin A Trust
Violette,kevin A
Quit Claim Deed
related
—
Jul 2, 2004
$94,200
Kevin A Violette
Morgan,joe L & Lucille V
Grant Deed
$84,675 · Joe L & Lucille V Morgan
Jan 9, 2004
$60,000
Joe L Morgan
Rosewood Enterprises INC
Grant Deed
$48,000 · First Fsb Lake
Feb 25, 1997
$37,200
Rosewood Enterprises INC
Jones,luther C
Grant Deed
$36,000 · Seller
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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