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Property profile & analytics
FOR LEASE
Retail space
684 W Montrose St 690/E Clermont, FL 34711
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4660157
For Lease
1 / 36
$6,600/Mo
684 W Montrose St 690/E, Clermont, FL 34711
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rocker Realty Inc Property Management Company Real Estate Rental Agency
-
Livin' Boho Apothecary Department Store
-
Ray Boutique Clothing & Fashion Store
-
Barber shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$980k
Owner & transaction history
7 Property Holdings LLC · 4 yrs held
7 Property Holdings LLC
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+31.9%
Office building
$860,000
+2.4%
Neighborhood: shopping center
$845,000
+0.8%
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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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
$1,080,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$840,000
Current use
COMMERCIAL (GENERAL)
$1,105,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$860,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$675,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.05M (May 23 2022)
Last sale anchor
$1.05M
May 23 2022
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
$340 / 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
$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
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
For Lease
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
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
RETAIL STORES Current
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$675,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1955
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
7 Property Holdings LLC
Entity
Mailing address
10250 LK MINNEOLA SHRS, CLERMONT, FL 34711-9394
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
$1,050,000
7 Property Holdings LLC
Rocker Girlz LLC
Warranty Deed
$840,000 · United Southern Bank
Jan 25, 2019
$100
Rocker Girlz LLC
Cornell,judy R
Grant Deed
—
Nov 20, 2018
—
Judy L Cornell
Rocker Family Trust
Grant Deed
related
—
Jun 26, 2018
—
Rocker Family Trust
—
Deed
related
$250,000 · Cornell Judy R Trust (rt)
Jun 17, 2013
—
Rocker Family Trust
Rocker,john & Mary
Quit Claim Deed
related
—
—
—
Rocker Family Trust
—
Deed Of Trust
related
$250,000 · Cornell Judy R Trust (rt)
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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