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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Industrial land
700 Hermit Smith Rd Apopka, FL 32703-3381
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6158797
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1965
Total area
7,960 SF
Lot
7.37 ac (321,037 SF)
Zoning code
I-L
APN
01-21-27-0000-00-041
UPID
US18-6158797
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
-
Environmental Products Group Corporate Office
-
Environmental Products Group, Inc. Car Dealership
-
Southland Gardens Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.08M
Owner & transaction history
Environmental Products Group INC · 5 yrs held
Environmental Products Group INC
since 2020
Last sale
$900,000
3 recorded transactions
Zoning & alternative use
I-L · Apopka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Light Industrial district is to provide lands that accommodate light industrial and support development. Allowed uses include wholesaling, distribution, storage, processing, research and development, and light manufacturing. The district also accommodates support uses such as office and limited commercial uses that primarily serve the prin…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,427.22 ac
Source
Realmo
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 Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka 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
$1,245,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $900k (Aug 13 2020)
Last sale anchor
$900k
Aug 13 2020
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
$135 / 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
$14,334
Tax year 2023
Assessed value
$884,400
Assessed 2023
Previous assessed
$866,616
+2.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$884,400
Land market value
$884,400
Total market value
$884,400
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
7,960 SF
Lot
7.37 ac (321,037 SF)
Zoning code
I-L
APN
01-21-27-0000-00-041
UPID
US18-6158797
Jurisdiction
ORANGE
Zoning & alternative use
I-L · Apopka, FLZoning I-L · permitted uses
I-L · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Light Industrial district is to provide lands that accommodate light industrial and support development. Allowed uses include wholesaling, distribution, storage, processing, research and development, and light manufacturing. The district also accommodates support uses such as office and limited commercial uses that primarily serve the principal light industrial uses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,427.22 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
7.37 ac
Current owner
From public records · entity-resolved
Environmental Products Group INC
Entity
Mailing address
2525 CLARCONA RD, APOPKA, FL 32703-8718
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
—
Environmental Products Group INC
—
Deed
related
$4,170,500 · Bank Of Central Florida
Aug 13, 2020
$900,000
Environmental Products Group INC
Michael W Stone
Warranty Deed
$585,000 · Gte FCU
Dec 23, 2003
$150,000
Michael W Stone
Ellis,jerry E & Lucy F
Grant Deed
—
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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