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Property profile & analytics
OFF-MARKET
Retail space
615 Magnolia Ave Auburndale, FL 33823-4107
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0324239
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
4,992 SF
Lot
0.28 ac (12,031 SF)
APN
252811336500021131
UPID
US18-0324239
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
-
Prime liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Magnolia Plaza LLC · 3 yrs held
Magnolia Plaza LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,815
Tax year 2023
Assessed value
$170,080
Assessed 2023
Previous assessed
$176,465
-3.6% YoY
Effective rate
1.66%
On assessed value
Assessed land
$54,135
Assessed improvement
$115,945
Land market value
$54,135
Improvement market value
$115,945
Total market value
$170,080
Applied tax rate
90,330.0000
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
1978
Heating
NONE
Stories
1
Units
1
Total area
4,992 SF
Lot
0.28 ac (12,031 SF)
APN
252811336500021131
UPID
US18-0324239
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Magnolia Plaza LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1707 ADAMS BARN RD, LAKE ALFRED, FL 33850-2531
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 16, 2023
$550,000
Magnolia Plaza LLC
Scott R Willick
Personal Representative Deed
—
Oct 20, 2022
—
Scott R Willick
Natural Vybz LLC
Quit Claim Deed
related
—
Mar 8, 2018
$300,000
Charles W Johnson
Thompson,leonard
Warranty Deed
—
Mar 8, 2018
—
Natural Vybz LLC
—
Deed
related
$281,250 · Td Bk NA
Aug 5, 2009
—
Johnson Charles W
Johnson,charles W
Quit Claim Deed
related
—
Dec 18, 2008
—
Leonard Thompson
Rose,forrest A
Grant Deed
related
—
Jun 8, 2006
$375,000
Forrest A Rose
Johnson,charles W
Grant Deed
—
May 12, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 9, 2005
$225,000
Charles W Johnson
Ashchi,towfigh
Warranty Deed
$157,500 · Towfigh Ashchi
—
—
Leonard Thompson
—
Deed Of Trust
related
$327,847 · Johnson Charles W & D C Trust
—
—
Natural Vybz LLC
—
Deed Of Trust
related
$281,250 · Td Bk NA
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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