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Property profile & analytics
OFF-MARKET
Warehouses
905 Lk E Dr Lake Placid, FL 33852
Individually Owned
24-yr Hold
Free & Clear
Property ID
US18-4892450
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE BLOCKS
Total area
360 SF
Lot
0.1 ac (4,350 SF)
Zoning code
R1A
APN
C-06-37-30-130-0010-0010
UPID
US18-4892450
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lake Placid Town Fl · 24 yrs held
Lake Placid Town Fl
since 2001
5 recorded transactions
Zoning & alternative use
R1A · Lake Placid, 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 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
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
$41,018
Assessed 2023
Previous assessed
$38,478
+6.6% YoY
Assessed land
$21,900
Assessed improvement
$19,118
Land market value
$21,900
Improvement market value
$19,118
Total market value
$41,018
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Rooms
1
Total area
360 SF
Lot
0.1 ac (4,350 SF)
Zoning code
R1A
APN
C-06-37-30-130-0010-0010
UPID
US18-4892450
Jurisdiction
HIGHLANDS
Zoning & alternative use
R1A · Lake Placid, FL
Zoning R1A · permitted uses
R1A · 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.
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Rooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Lake Placid Town Fl
Individual
Free & Clear · 24 yrs held
Mailing address
1069 US 27TH N, LAKE PLACID, FL 33852-7903
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2001
$13,500
Lake Placid Town Fl
Kelley,d C & Maxine D
Grant Deed
—
May 4, 2001
$13,500
Asencion Molina
Kelley,d C & Maxine D
Grant Deed
—
Apr 2, 2001
$17,000
Juan G Amaro
Kelley,d C & Maxine D
Grant Deed
$12,750 · Big Lake National Bank
Nov 1, 2000
$8,500
Mario Barajas
Kelley,d C & Maxine D
Grant Deed
—
Jun 15, 2000
$8,500
Carlos Barajas
Kelley,d C & Maxine D
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.
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