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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
907 Webster St, Leesburg, FL 34748-5026
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4154900
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1987
Construction
BRICK
Total area
4,060 SF
Lot
0.78 ac (33,966 SF)
APN
23-19-24-1200-000-02800
UPID
US18-4154900
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
-
Lake Montessori High School High School
-
Lake Montessori High School | Leesburg Florida High School
-
Sewell Stephen G Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$635k
Owner & transaction history
Inspiration Properties LLC · 2 yrs held
Inspiration Properties LLC
since 2023
Last sale
$630,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+64.1%
Auto repair, garage
$950,000
+63.5%
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 Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg 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
$455,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$580,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +64% · Conversion: Easy
AUTO REPAIR, GARAGE
$950,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$560,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$495,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $630k (Oct 16 2023)
Last sale anchor
$630k
Oct 16 2023
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
$156 / 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
$7,817
Tax year 2023
Assessed value
$505,031
Assessed 2023
Previous assessed
$449,919
+12.2% YoY
Effective rate
1.55%
On assessed value
Land market value
$90,417
Improvement market value
$414,614
Total market value
$505,031
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
4,060 SF
Lot
0.78 ac (33,966 SF)
APN
23-19-24-1200-000-02800
UPID
US18-4154900
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$560,000
WAREHOUSE, STORAGE
Est. value
$495,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1987
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Inspiration Properties LLC
Entity
Mailing address
415 LEE ST, LEESBURG, FL 34748-5030
Ownership since
2023
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
Oct 16, 2023
$630,000
Inspiration Properties LLC
Sewell Russ & Saylor
Warranty Deed
$880,000 · United Southern Bank
Oct 16, 2023
—
Inspiration Properties LLC
Allison Sewell Bridges
Quit Claim Deed
related
—
May 18, 2001
$18,000
Russ Saylor Sewell
Sewell Russ Saylor
Grant Deed
related
—
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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