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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Auto shops
605 State Rd 66, Sebring, FL 33875-6273
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0330694
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
FRAME
Total area
12,000 SF
Lot
2.78 ac (120,879 SF)
Zoning code
I2
APN
C-16-35-29-A00-0012-0000
UPID
US18-0330694
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
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.18M
Owner & transaction history
Troy L Maloyed · 5 yrs held
Troy L Maloyed
since 2021
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
I2 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+33.3%
Neighborhood: shopping center
$1.4M
+4.7%
Industrial (general)
$1.4M
+2.6%
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 Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring 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
$1,110,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,335,000
Current use
OFFICE BUILDING
$1,775,000
Change: +33% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,395,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,370,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $875k (May 5 2021)
Last sale anchor
$875k
May 5 2021
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
$98 / 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
$13,463
Tax year 2023
Assessed value
$923,079
Assessed 2023
Previous assessed
$838,385
+10.1% YoY
Effective rate
1.46%
On assessed value
Assessed land
$120,879
Assessed improvement
$802,200
Land market value
$120,879
Improvement market value
$802,200
Total market value
$923,079
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
12
Total area
12,000 SF
Lot
2.78 ac (120,879 SF)
Zoning code
I2
APN
C-16-35-29-A00-0012-0000
UPID
US18-0330694
Jurisdiction
HIGHLANDS
Zoning & alternative use
I2 · Sebring, FL
Zoning I2 · permitted uses
I2 · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
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
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
12
Lot
2.78 ac
Current owner
From public records · entity-resolved
Troy L Maloyed
Individual
Mailing address
605 STATE RD 66, SEBRING, FL 33875-6273
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
$875,000
Troy L Maloyed
Ag Nutrients LLC
Warranty Deed
—
Aug 30, 2016
—
Ag Nutrients LLC
High Desert Research Group INC
Quit Claim Deed
related
$478,140 · D L Evans Bank
Dec 9, 2014
$365,000
High Desert Research Group INC
Harbor Cmnty Bk
Grant Deed
—
Feb 8, 2011
—
Highlands Independent Bk
Lagrow,kenneth D & Rhonda K Coc
Trustees Deed
related
—
Sep 2, 2008
—
Kenneth D Lagrow
—
Trustees Deed
related
$114,146 · Riverside National Bank
Dec 7, 2007
—
Kenneth D Lagrow
—
Deed Of Trust
related
$1,500,000 · Riverside National Bank
Dec 7, 2005
$655,000
Kenneth Lagrow
Florida Recycling Services INC
Warranty Deed
$524,000 · Highlands Independent Bank
May 6, 2004
—
Florida Recycling Services INC
—
Deed Of Trust
related
$160,000,000 · Lehman Commercial Paper INC
—
—
Kenneth D Lagrow
—
Deed Of Trust
related
$387,855 · Riverside National 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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