Entity Owned Property summary
AI-generated overview
This professional office building contains individual, private office suites designed for small businesses, with each suite measuring approximately 100± square feet. The building supports flexible space planning, and up to all seven offices can be leased together for larger space needs. The property is located in Clermont’s Historic Central Business District, a short distance from Downtown Waterfront Park and City Hall, with surrounding amenities including local restaurants, retail shops, and professional services. An on-site parking lot is available for tenants and visitors. Bike and walk scores are reported as 49 and 58, respectively.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
CONCRETE BLOCKS
Total area
2,880 SF
Lot
0.26 ac (11,250 SF)
APN
24-22-25-0100-077-01600
UPID
US18-4660157
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Property Management Company Real Estate Rental Agency
-
Department Store
-
Clothing & Fashion Store
-
Barber Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$1.08M
Owner & transaction history
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$1.1M
+31.9%
Office building
$860,000
+2.4%
Neighborhood: shopping center
$845,000
+0.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.08M
Value range
$972k – $1.19M
±10% around blend
Estimated value / SF
$375 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$972k
blend $1.08M
$1.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,880 SF
Lot area
0.26 ac
Year built
1955
Stories
1
APN
24-22-25-0100-077-01600
Assessed value
$579,403
Annual tax
$10,041
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.62M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.0 mi away · 3,283 SF
13.4 mi away · 3,000 SF
15.9 mi away · 2,679 SF
19.1 mi away · 2,566 SF
19.2 mi away · 2,600 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 24 sales
$291
+29%
Submarket 42 sales
$295
+27%
County 189 sales
$213
+76%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $375/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+32%
vs current-use indication
Office Building
Neighborhood: Shopping Center
Retail Stores · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
3.20%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.20%
9.0%
NOI (est.)
$74k *
Last sale · May 2022
$1.05M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.30M
Move the market yield to see immediate price impact.
Value / SF
$798
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.70%3.20%3.70%
$66k
$2.45M
$2.07M
$1.79M
$74k
$2.72M
$2.30M
$1.99M
$81k
$2.99M
$2.53M
$2.19M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$2.05M
11.0 mi · Oct 2025 · $551/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,041
Tax year 2023
Assessed value
$579,403
Assessed 2023
Previous assessed
$432,561
+33.9% YoY
Effective rate
1.73%
On assessed value
Land market value
$217,119
Improvement market value
$362,284
Total market value
$579,403
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1955
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
2,880 SF
Lot
0.26 ac (11,250 SF)
APN
24-22-25-0100-077-01600
UPID
US18-4660157
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.26 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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