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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Automotive properties
876 County Rd 621st E Lake Placid, FL 33852-8653
Entity Owned
15-yr Hold
Free & Clear
Property ID
US18-2265391
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,155 SF
Lot
0.33 ac (14,375 SF)
Zoning code
I1
APN
C-32-36-30-010-0000-0050
UPID
US18-2265391
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$540k
Owner & transaction history
Dcf Investments LLC · 15 yrs held
Dcf Investments LLC
since 2011
3 recorded transactions
Zoning & alternative use
I1 · Lake Placid, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$820,000
+7.2%
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 Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid 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
$765,000
Current use
WAREHOUSE, STORAGE
$820,000
Change: +7% · Conversion: Easy
INDUSTRIAL (GENERAL)
$690,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$88 / 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
$4,936
Tax year 2023
Assessed value
$327,139
Assessed 2023
Previous assessed
$303,662
+7.7% YoY
Effective rate
1.51%
On assessed value
Assessed land
$21,850
Assessed improvement
$305,289
Land market value
$21,850
Improvement market value
$305,289
Total market value
$327,139
Applied tax rate
40.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
4
Bathrooms
10
Total area
6,155 SF
Lot
0.33 ac (14,375 SF)
Zoning code
I1
APN
C-32-36-30-010-0000-0050
UPID
US18-2265391
Jurisdiction
HIGHLANDS
Zoning & alternative use
I1 · Lake Placid, FL
Zoning I1 · permitted uses
I1 · Lake Placid, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Placid. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$820,000
INDUSTRIAL (GENERAL)
Est. value
$690,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
INDUSTRIAL (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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
10
Lot
0.33 ac
Current owner
From public records · entity-resolved
Dcf Investments LLC
Entity
Free & Clear · 15 yrs held
Mailing address
730 US 27TH N, LAKE PLACID, FL 33852-9439
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2011
$210,000
Dcf Investments LLC
Highlands Independent Bk
Grant Deed
—
Sep 15, 2010
—
Highlands Independent Bk
Flow-line INC Coc
Trustees Deed
related
—
—
—
Flow-line INC
—
Deed Of Trust
related
$309,595 · Highlands Independent 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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