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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
606 Frnt St Celebration, FL 34747-4675
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6232346
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1997
Construction
FRAME
Total area
3,434 SF
Lot
0.19 ac (8,276 SF)
Zoning code
OPUD
APN
72528278300013500
UPID
US18-6232346
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
$1.63M
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.40M
Owner & transaction history
Dishman Real Estate Holding Group L · 4 yrs held
Dishman Real Estate Holding Group L
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
OPUD · Celebration, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+111.7%
Auto repair, garage
$1.0M
+15.6%
Neighborhood: shopping center
$975,000
+9.7%
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 Celebration submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Celebration 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
$1,445,000
ML approach
$1,630,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$890,000
Current use
COMMERCIAL (GENERAL)
$1,880,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,025,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$975,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$870,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.50M (Nov 22 2021)
Last sale anchor
$1.50M
Nov 22 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
$406 / 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
$22,274
Tax year 2023
Assessed value
$1,359,100
Assessed 2023
Previous assessed
$1,236,100
+10.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$146,000
Assessed improvement
$1,213,100
Land market value
$146,000
Improvement market value
$1,213,100
Total market value
$1,359,100
Applied tax rate
300.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Units
1
Bathrooms
4
Total area
3,434 SF
Lot
0.19 ac (8,276 SF)
Zoning code
OPUD
APN
72528278300013500
UPID
US18-6232346
Jurisdiction
OSCEOLA
Zoning & alternative use
OPUD · Celebration, FLZoning OPUD · permitted uses
OPUD · Celebration, FL
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
OFFICE BUILDING Current
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$975,000
RETAIL STORES
Est. value
$870,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Dishman Real Estate Holding Group L
Entity
Mailing address
523 CAMPUS ST, CELEBRATION, FL 34747-4613
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
$1,500,000
Dishman Real Estate Holding Group L
Ricardo J Panneflek
Warranty Deed
$1,423,750 · Commerce National Bank & Trust
Oct 5, 2020
$875,000
Ricardo J Panneflek
606
Warranty Deed
—
Jun 12, 2020
—
Desert Crossing LLC
—
Deed
related
$550,000 · Joseph E Barron
Jun 3, 2014
$15,200
Trust 606
Eissinmann,alex Coc
Trustees Deed
—
Jan 13, 2012
—
Bank Of America
Eissinmann,iake
Quit Claim Deed
related
—
May 8, 2006
$1,200,000
Iake Eissinmann
William J Erhart III
Warranty Deed
$960,000 · Bank Of America NA
Mar 9, 2000
$449,000
William J Erhart
Johnson,david W & Linda M
Grant Deed
$360,000 · Suntrust Bank NA
Feb 17, 1998
$370,600
David Wolcott
Pinnacle Corp Central Florida
Grant Deed
—
—
—
Desert Crossing LLC
—
Deed Of Trust
related
$550,000 · Joseph E Barron
—
—
Front St Productions INC
—
Deed Of Trust
related
$235,000 · First National Bank Osceola
—
—
William J Erhart
—
Deed Of Trust
related
$600,000 · First National Bank Osceola
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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