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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Day care centers
843 State Rd 434 Altamonte Springs, FL 32714-7068
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5004127
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2021
Construction
CONCRETE BLOCKS
Total area
2,575 SF
Lot
0.43 ac (18,900 SF)
APN
09-21-29-501-0B00-0040
UPID
US18-5004127
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
-
Bear Lake Montessori Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$916k
Blend (final)
Blend
$915k
Owner & transaction history
City Of Altmonte Springs · 4 yrs held
City Of Altmonte Springs
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+82.1%
Commercial (general)
$685,000
+4.5%
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$655,000
Current use
AUTO REPAIR, GARAGE
$1,190,000
Change: +82% · Conversion: Difficult
COMMERCIAL (GENERAL)
$685,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$355 / 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
$8,823
Tax year 2023
Assessed value
$541,364
Assessed 2023
Previous assessed
$527,893
+2.6% YoY
Effective rate
1.63%
On assessed value
Land market value
$211,302
Improvement market value
$330,062
Total market value
$541,364
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2021
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,575 SF
Lot
0.43 ac (18,900 SF)
APN
09-21-29-501-0B00-0040
UPID
US18-5004127
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
City Of Altmonte Springs
Entity
Mailing address
843 N STATE RD 434, ALTAMONTE SPG, FL 32714-7068
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Tb Holdings Of Central Florida LLC
—
Deed
related
$422,000 · Sunshine State Economic Development Coro
Jun 5, 2024
—
Tb Holdings Of Central Florida LLC
—
Deed
related
$409,000 · Regions Bank
Aug 16, 2021
—
City Of Altmonte Springs
Tb Holdings Of Central Florida LLC
Deed
—
Mar 20, 2019
—
Tb Holdings Of Central Florida LLC
—
Deed
related
$851,700 · American Momentum Bank
Apr 17, 2017
$335,000
Tb Holdings Of Central Florida
Harry Gerhenson
Warranty Deed
$382,000 · Midwest Regional Bank
Jun 20, 2016
$155,000
Harry Gershenson
Moore,ruth A
Warranty Deed
—
Jun 27, 2013
$190,000
Ruth A Moore
Bangerter,patricia A
Deed In Lieu Of Foreclosure
related
—
Oct 31, 2003
$220,000
Fred F Babgerter
Moore,ruth A
Grant Deed
$190,000 · Ruth A Moore
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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