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Property profile & analytics
OFF-MARKET
Commercial real estate
8680 143rd Ln Summerfield, FL 34491-3435
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3385926
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
WOOD FRAME
Total area
440 SF
Lot
2.27 ac (98,881 SF)
Zoning code
B5
APN
4593-000-020
UPID
US18-3385926
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
-
Lawn Enforcement Agency Corporate Office
-
The Sod Lot Garden Center Hardware & Home Improvement
-
The Sod Lot Villages Garden Center Landscaping
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
Mk Summerfield LLC · 1 yrs held
Mk Summerfield LLC
since 2024
6 recorded transactions
Zoning & alternative use
B5 · Summerfield, 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 Summerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerfield 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
Tax billed
$5,093
Tax year 2023
Assessed value
$304,528
Assessed 2023
Previous assessed
$304,528
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$296,643
Assessed improvement
$7,885
Land market value
$296,643
Improvement market value
$30,931
Total market value
$327,574
Applied tax rate
9,001.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
440 SF
Lot
2.27 ac (98,881 SF)
Zoning code
B5
APN
4593-000-020
UPID
US18-3385926
Jurisdiction
MARION
Zoning & alternative use
B5 · Summerfield, FL
Zoning B5 · permitted uses
B5 · Summerfield, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
2.27 ac
Current owner
From public records · entity-resolved
Mk Summerfield LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 142124, GAINESVILLE, FL 32614-2124
Ownership since
2024
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
Sep 24, 2024
—
Mk Summerfield LLC
Lawn Enforcement Agency INC
Warranty Deed
—
Jan 20, 2022
—
Lawn Enforcement Agency INC
—
Deed
related
$492,000 · Midflorida Cu
Jul 22, 2021
$400,000
Lawn Enforcement Agency INC
Elizabeth L Strate
Warranty Deed
—
Oct 28, 2009
—
Strate,fred & Elizabeth Trust
Strate,fred J
Quit Claim Deed
related
—
Jan 19, 2000
$115,000
Fred Strate
Geogerian,george
Grant Deed
$92,000 · Independent National Bank
Feb 10, 1997
$30,000
Herbert Waldecker
Georerian,george & Sarah
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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