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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Warehouses
740 Savory Pl, Lake Mary, FL 32746-5378
Entity Owned
11-yr Hold
Property ID
US18-2825854
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Construction
CONCRETE
Total area
2,148 SF
Lot
23.69 ac (1,032,144 SF)
APN
01-20-29-300-012B-0000
UPID
US18-2825854
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
-
CJ Besa Life Coach Business Development Service
-
lake mary high school High School
-
Reveal Heathrow Apartments Furnished Apartment Building Apartment Building
-
Smith Automated Tellers Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$660k
Owner & transaction history
Pure Living Acquisition LLC · 11 yrs held
Pure Living Acquisition LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$990,000
+152.8%
Commercial (general)
$570,000
+45.1%
Neighborhood: shopping center
$475,000
+21.6%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$990,000
Change: +153% · Conversion: Easy
COMMERCIAL (GENERAL)
$570,000
Change: +45% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$475,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$460,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$410,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±10%
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
$307 / 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
$523,465
Tax year 2023
Assessed value
$39,334,602
Assessed 2023
Previous assessed
$44,918,473
-12.4% YoY
Effective rate
1.33%
On assessed value
Land market value
$9,702,000
Improvement market value
$29,632,602
Total market value
$39,334,602
Applied tax rate
1.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
GAS
Buildings
13
Stories
2
Units
252
Bathrooms
30
Total area
2,148 SF
Lot
23.69 ac (1,032,144 SF)
APN
01-20-29-300-012B-0000
UPID
US18-2825854
Jurisdiction
SEMINOLE
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
AUTO REPAIR, GARAGE
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$475,000
OFFICE BUILDING
Est. value
$460,000
RETAIL STORES
Est. value
$410,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2009
Construction
CONCRETE
Heating
GAS
Stories
2
Buildings
13
Units
252
Bathrooms
30
Lot
23.69 ac
Current owner
From public records · entity-resolved
Pure Living Acquisition LLC
Entity
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
—
Pure Living Acquisition LLC
—
Deed
related
$43,228,000 · Newpoint Real Estate Capital LLC
May 8, 2015
—
Pure Living Acquisition LLC
Pme Providence LLC
Grant Deed
$30,450,000 · Cibc
Jul 2, 2010
—
Natl Life Ins Lincoln
Heathrow Apartments LLC
Quit Claim Deed
related
—
Nov 17, 2009
—
Heathrow Apartments LLC
Cdg Heathrow Ltd Coc
Quit Claim Deed
related
—
Sep 1, 2007
—
Cdg Heathrow Ltd
Owner,record
Grant Deed
related
—
Aug 7, 2007
—
Cdg Heathrow Ltd
D R Horton INC
Quit Claim Deed
related
$50,000,000 · Regions Bank
Aug 7, 2007
$8,384,714
Cdg Heathrow Ltd
D R Horton INC
Grant Deed
—
Aug 7, 2007
$6,600,000
Cdg Heathrow Ltd
Lakeview At Heathrow LLC
Warranty Deed
—
Jul 1, 2007
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 7, 2006
$3,816,000
D R Horton INC
Lakeview At Heathrow LLC
Warranty 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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