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Property profile & analytics
OFF-MARKET
Estimated value
$9,305,000
Distribution centers
600 Technology Park, Lake Mary, FL 32746-7122
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-0861248
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1998
Construction
CONCRETE BLOCKS
Total area
59,700 SF
Lot
3.3 ac (143,922 SF)
APN
19-20-30-5JW-0000-0090
UPID
US18-0861248
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
-
Advanced Dental Materials Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.46M
Blend (final)
Blend
$9.31M
Owner & transaction history
Advanced Dental Materials LLC · 12 yrs held
Advanced Dental Materials LLC
since 2013
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.3M
+21.6%
Office building
$12.8M
+17.6%
Retail stores
$11.3M
+4.0%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,905,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,265,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$12,825,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$11,345,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$10,380,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$9.31M
Range $8.37M – $10.24M · ±10%
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
$156 / 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
$67,075
Tax year 2023
Assessed value
$5,445,027
Assessed 2023
Previous assessed
$4,803,597
+13.4% YoY
Effective rate
1.23%
On assessed value
Land market value
$1,332,866
Improvement market value
$4,112,161
Total market value
$5,445,027
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
6
Total area
59,700 SF
Lot
3.3 ac (143,922 SF)
APN
19-20-30-5JW-0000-0090
UPID
US18-0861248
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.3M
OFFICE BUILDING
Est. value
$12.8M
RETAIL STORES
Est. value
$11.3M
INDUSTRIAL (GENERAL)
Est. value
$10.4M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
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
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
6
Lot
3.3 ac
Current owner
From public records · entity-resolved
Advanced Dental Materials LLC
Entity
Free & Clear · 12 yrs held
Mailing address
600 TECHNOLOGY PARK, LAKE MARY, FL 32746-7122
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2013
$1,951,475
Advanced Dental Materials LLC
John H Talton Ents INC
Grant Deed
—
Dec 11, 2000
$2,400,000
John H Talton Enterprises INC
Smith-worsnop Real Est Ptshp
Grant Deed
$1,600,000 · Lutheran Brotherhood
—
—
Smith-worsnop Real Estate
—
Deed Of Trust
related
$1,302,250 · Regions 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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