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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Flex space
532 Obispo Ave Clewiston, FL 33440-4721
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3419676
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,304 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CL-I
APN
3 34 43 01 010 0404-005.2
UPID
US18-3419676
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Salomon Olguin Gualito · 2 yrs held
Salomon Olguin Gualito
since 2024
Last sale
$585,000
5 recorded transactions
Zoning & alternative use
CL-I · Clewiston, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$660,000
+15.5%
Office building
$655,000
+14.6%
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 Clewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clewiston 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
$585,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
RETAIL STORES
$660,000
Change: +16% · Conversion: Moderate
OFFICE BUILDING
$655,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $585k (Apr 5 2024)
Last sale anchor
$585k
Apr 5 2024
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
$136 / 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
$2,534
Tax year 2023
Assessed value
$86,109
Assessed 2023
Previous assessed
$86,109
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$25,300
Assessed improvement
$60,809
Land market value
$25,300
Improvement market value
$60,809
Total market value
$86,109
Applied tax rate
15.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,304 SF
Lot
0.26 ac (11,326 SF)
Zoning code
CL-I
APN
3 34 43 01 010 0404-005.2
UPID
US18-3419676
Jurisdiction
HENDRY
Zoning & alternative use
CL-I · Clewiston, FL
Zoning CL-I · permitted uses
CL-I · Clewiston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clewiston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
RETAIL STORES
Est. value
$660,000
OFFICE BUILDING
Est. value
$655,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Salomon Olguin Gualito
Individual
Mailing address
202 W VENTURA AVE, CLEWISTON, FL 33440-3722
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$585,000
Salomon Olguin Gualito
David A Lyons
Warranty Deed
$468,000 · First Bank
May 5, 2009
—
Lyond Printing & Office Supply
—
Trustees Deed
related
$253,783 · Olde Cypress Community Bank
—
—
Lyons Printing & Office Suppli
—
Deed Of Trust
related
—
—
—
David A Lyons
—
Loan Modification
related
$184,359 · Centerstate Bank Of Florida
—
—
David A Lyons
—
Deed Of Trust
related
$28,000 · Olde Cypress Community 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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