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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
890 Spratt Blvd, Labelle, FL 33935-4494
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-4671240
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1981
Construction
STEEL FRAME
Total area
3,180 SF
Lot
1.17 ac (50,965 SF)
Zoning code
LB-I-2
APN
2 29 43 01 010 0090-005.0
UPID
US18-4671240
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
-
Sun Country Citrus Hauling Inc Trucking Company
-
D & K Harvesting Inc Food Processing Plant
-
Florida Citrus Management Inc Real Estate Agency
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
D & K Harvesting INC · 20 yrs held
D & K Harvesting INC
since 2006
3 recorded transactions
Zoning & alternative use
LB-I-2 · Labelle, 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 Labelle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Labelle 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
$5,692
Tax year 2023
Assessed value
$264,867
Assessed 2023
Previous assessed
$213,974
+23.8% YoY
Effective rate
2.15%
On assessed value
Assessed land
$184,615
Assessed improvement
$80,252
Land market value
$184,615
Improvement market value
$80,252
Total market value
$264,867
Applied tax rate
10.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
WALL UNIT
Stories
1
Total area
3,180 SF
Lot
1.17 ac (50,965 SF)
Zoning code
LB-I-2
APN
2 29 43 01 010 0090-005.0
UPID
US18-4671240
Jurisdiction
HENDRY
Zoning & alternative use
LB-I-2 · Labelle, FL
Zoning LB-I-2 · permitted uses
LB-I-2 · Labelle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Labelle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
D & K Harvesting INC
Entity
Mailing address
PO BOX 1347, LABELLE, FL 33975-1347
Ownership since
2006
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
Apr 11, 2006
—
D & K Harvesting INC
—
Trustees Deed
related
$350,000 · First Bk/w Mi
—
—
D & K Harvesting INC
—
Loan Modification
related
$350,000 · First Bk
—
—
D & K Harvesting INC
—
Deed Of Trust
related
$174,625 · Gerald W & Donna L Murray
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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