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Property profile & analytics
OFF-MARKET
Retail space
8644 Reese St Arcadia, FL 34269-4477
Individually Owned
10-yr Hold
Free & Clear
Property ID
US18-3737479
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,678 SF
Lot
29.55 ac (1,287,198 SF)
Zoning code
TTRVC
APN
23-39-23-0000-0220-0000
UPID
US18-3737479
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
-
Lettuce Lake Travel Resort Campground & RV Park
-
Lettuce Lake Park, Kayak Launch, & Boat Ramp Boat Ramp
-
Digital Market Domination Advertising Agency Marketing & Advertising
-
Young's Tree Services Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paradise Lifestyles Resort III · 10 yrs held
Paradise Lifestyles Resort III
since 2016
7 recorded transactions
Zoning & alternative use
TTRVC · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$4,580,000
Assessed 2023
Previous assessed
$2,700,000
+69.6% YoY
Assessed improvement
$4,580,000
Improvement market value
$4,580,000
Total market value
$4,580,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
WINDOW A/C
Buildings
3
Units
1
Rooms
5
Bathrooms
2
Total area
2,678 SF
Lot
29.55 ac (1,287,198 SF)
Zoning code
TTRVC
APN
23-39-23-0000-0220-0000
UPID
US18-3737479
Jurisdiction
DE SOTO
Zoning & alternative use
TTRVC · Arcadia, FLZoning TTRVC · permitted uses
TTRVC · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Buildings
3
Units
1
Rooms
5
Bathrooms
2
Lot
29.55 ac
Current owner
From public records · entity-resolved
Paradise Lifestyles Resort III
Individual
Free & Clear · 10 yrs held
Mailing address
6108 26TH ST W STE #2, BRADENTON, FL 34207-4474
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2016
$700,000
Paradise Lifestyles Resort III
Paster,evelyn
Quit Claim Deed
related
—
Mar 10, 2016
$700,000
Gazelle Lifestyles Resort II L
Paster,saul
Quit Claim Deed
related
—
Mar 17, 2014
$1,750,000
Saul Paster
Cetin Mehmet Trust
Warranty Deed
—
Feb 1, 2010
—
Evelyn Paster
Paster,saul
Quit Claim Deed
related
—
Aug 7, 2000
$1,430,000
Saul Paster
Lettuce Lake Park Assoc Lc
Grant Deed
—
Jun 20, 1997
$1,500,000
Lake Park Assoc L C Lettuce
Cantwell Trust
Grant Deed
$1,400,000 · Southtrust Bank Florida NA
—
—
Saul Paster
—
Deed Of Trust
related
$98,770 · Flagship National Bank
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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