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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail space
600 Hinson Ave Haines City, FL 33844-5242
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4246208
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Total area
5,200 SF
Lot
0.41 ac (17,755 SF)
Zoning code
CBD
APN
272729783000055080
UPID
US18-4246208
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
$965k
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$916k
Blend (final)
Blend
$965k
Owner & transaction history
Wendys House Renovate INC · 2 yrs held
Wendys House Renovate INC
since 2024
Last sale
$965,000
6 recorded transactions
Zoning & alternative use
CBD · Haines City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to define the central business district of the city, and forms the downtown area of Haines City. It is intended to protect the character and historic structures and features of the city's downtown.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
58.81 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.5M
+80.9%
Auto repair, garage
$1.3M
+55.5%
Neighborhood: shopping center
$955,000
+17.0%
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 Haines City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haines City 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
RETAIL STORES
$815,000
Current use
COMMERCIAL (GENERAL)
$1,475,000
Change: +81% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,265,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: +17% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$805,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $965k (Apr 9 2024)
Last sale anchor
$965k
Apr 9 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
$186 / 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
$8,926
Tax year 2023
Assessed value
$494,329
Assessed 2023
Previous assessed
$494,329
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$213,060
Assessed improvement
$281,269
Land market value
$213,060
Improvement market value
$281,269
Total market value
$494,329
Applied tax rate
90,420.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
5,200 SF
Lot
0.41 ac (17,755 SF)
Zoning code
CBD
APN
272729783000055080
UPID
US18-4246208
Jurisdiction
POLK
Zoning & alternative use
CBD · Haines City, FLZoning CBD · permitted uses
CBD · Haines City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to define the central business district of the city, and forms the downtown area of Haines City. It is intended to protect the character and historic structures and features of the city's downtown.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
58.81 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
INDUSTRIAL (GENERAL)
Est. value
$805,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (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
1926
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Wendys House Renovate INC
Entity
Mailing address
100 SPANISH MOSS RD, DAVENPORT, FL 33837-5512
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
$965,000
Wendys House Renovate INC
Maria Elena Cendan LLC
Warranty Deed
—
Feb 26, 2019
—
Maria Elena Cendan LLC
—
Deed
related
$384,000 · Cherrywood Mtg LLC
Mar 12, 2018
$310,000
Maria Elena Cendan LLC
Paris Properties LLC
Warranty Deed
$322,000 · South End Cap
Nov 17, 2005
—
Paris Properties LLC
Cook,barbara J
Grant Deed
related
—
Aug 31, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Maria Elena Cendan LLC
—
Deed Of Trust
related
$384,000 · Cherrywood Mtg LLC
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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