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Property profile & analytics
OFF-MARKET
Estimated value
$3,925,000
Banks
770 Monroe Rd Sanford, FL 32771-8877
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-4314444
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2002
Construction
CONCRETE BLOCKS
Total area
8,738 SF
Lot
1.95 ac (84,986 SF)
APN
16-19-30-5AC-0000-032C
UPID
US18-4314444
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
-
FitN30 Strength & Fitness Training Gym Gym & Fitness Center
-
Ty's Fitness LLC Gym & Fitness Center
-
RockStar Fitness Club Gym & Fitness Center
-
Elevate Performance Fitness Gym & Fitness Center
-
Mahaila Jade Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.92M
Blend (final)
Blend
$3.93M
Owner & transaction history
Seminole County · 19 yrs held
Seminole County
since 2007
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.8M
+36.5%
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
FINANCIAL BUILDING
$4,235,000
Current use
RESTAURANT
$5,780,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,035,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.93M
Range $3.53M – $4.32M · ±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
$449 / 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
$24,655
Tax year 2023
Assessed value
$1,886,525
Assessed 2023
Previous assessed
$1,663,328
+13.4% YoY
Effective rate
1.31%
On assessed value
Land market value
$422,385
Improvement market value
$1,464,140
Total market value
$1,886,525
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2002
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
11
Total area
8,738 SF
Lot
1.95 ac (84,986 SF)
APN
16-19-30-5AC-0000-032C
UPID
US18-4314444
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
FINANCIAL BUILDING Current
Est. value
$4.2M
RESTAURANT
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$4.0M
FINANCIAL BUILDING Current
RESTAURANT
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
2002
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
11
Lot
1.95 ac
Current owner
From public records · entity-resolved
Seminole County
Entity
Mailing address
790 MONROE RD, SANFORD, FL 32771-8877
Ownership since
2007
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
Nov 10, 2020
—
Wharton-smith Properties Lllp
—
Deed
related
$3,000,000 · Citizens Bk/fl
Jan 2, 2007
—
Seminole County
Von Companies LLC
Warranty Deed
related
—
Sep 27, 2002
$1,325,000
Von Companies LLC
Von Herbulls,robert F
Grant Deed
related
—
—
—
Von Companies LLC
—
Deed Of Trust
related
$762,000 · First Commercial Bank Florida
—
—
Wharton-smith Properties Lllp
—
Deed Of Trust
related
$3,000,000 · Citizens Bk/fl
—
—
Von Companies LLC
—
Deed Of Trust
related
$762,000 · First Commercial Bank Florida
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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