New search
Property profile & analytics
OFF-MARKET
Retail space
516 Hwy 50 Clermont, FL 34711-3034
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1863564
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
CONCRETE BLOCKS
Total area
1,288 SF
Lot
0.18 ac (8,000 SF)
APN
24-22-25-0100-060-00701
UPID
US18-1863564
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
-
Permacation Outdoor General Contractor
-
Artificial Grass Co. Construction Company
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
Kevin A Henshaw · 1 yrs held
Kevin A Henshaw
since 2024
Last sale
$450,000
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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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
$3,080
Tax year 2023
Assessed value
$189,048
Assessed 2023
Previous assessed
$189,048
+0.0% YoY
Effective rate
1.63%
On assessed value
Land market value
$106,480
Improvement market value
$82,568
Total market value
$189,048
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,288 SF
Lot
0.18 ac (8,000 SF)
APN
24-22-25-0100-060-00701
UPID
US18-1863564
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
1953
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Kevin A Henshaw
Individual
Mailing address
1629 W LK AVE, CLERMONT, FL 34711-3325
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 27, 2025
—
Kevin A Henshaw
—
Deed
related
$300,000 · Walker & Tudhope Pa
Oct 8, 2024
—
Kevin A Henshaw
Permacation LLC
Quit Claim Deed
related
$500,000 · Mortgage Lending Trust Fa24 357
Jun 28, 2019
$450,000
Permacation LLC
Gey,wayne H & Annie S
Warranty Deed
$395,000 · Wayne H Gey
Jan 7, 2019
$325,000
Wayne H Gey
516 W Hwy 50 LLC
Warranty Deed
—
May 9, 2013
—
516 W 50 Hwy LLC
Limoli,john & Noreen
Quit Claim Deed
related
—
Aug 28, 2012
$158,000
John Limoli
Orange Bk Of Fl
Warranty Deed
—
Aug 3, 2011
$20,000
Orange Bk Of Fl
Bonjorn,joseph P & Pamela S Coc
Trustees Deed
related
—
Jul 21, 2011
$20,000
Orange Bk Of Fl
Clerk Of Court Of Lake County
Trustees Deed
related
—
Jul 30, 2008
—
Bonjorn Pamela S Family Trust
Bonjorn,joseph R & Pamela S
Quit Claim Deed
related
$500,000 · Orange Bank
—
—
Joseph R Bonjorn
—
Deed Of Trust
related
$98,000 · Nationsbank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 516 Hwy 50?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
