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Property profile & analytics
FOR SALE
Distribution centers
927 Fern St Altamonte Springs, FL 32701
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2906078
For Sale
1 / 3
$9,500,000
927 Fern St, Altamonte Springs, FL 32701
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1972
Construction
CONCRETE
Total area
94,647 SF
Lot
3.5 ac (152,504 SF)
APN
12-21-29-5BD-0900-0010
UPID
US18-2906078
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
$9.88M
Comparable Approach
Comparable
$9.69M
Blend (final)
Blend
$7.06M
Owner & transaction history
927 Fern Street Holdings LLC · 4 yrs held
927 Fern Street Holdings LLC
since 2021
Last sale
$4.3M
2 recorded transactions
Zoning & alternative use
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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
$4,725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,700,000
6.5%
$9,875,000
7%
$9,170,000
Blend value · Realmo final
$7.06M
Range $6.35M – $7.77M · ±10% · vs last sale $4.25M (Aug 12 2021)
Last sale anchor
$4.25M
Aug 12 2021
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
$75 / 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
$62,450
Tax year 2023
Assessed value
$3,831,927
Assessed 2023
Previous assessed
$3,669,320
+4.4% YoY
Effective rate
1.63%
On assessed value
Land market value
$661,850
Improvement market value
$3,170,077
Total market value
$3,831,927
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
18
Total area
94,647 SF
Lot
3.5 ac (152,504 SF)
APN
12-21-29-5BD-0900-0010
UPID
US18-2906078
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
18
Lot
3.5 ac
Current owner
From public records · entity-resolved
927 Fern Street Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
755 MONROE RD UNIT #470211, LAKE MONROE, FL 32747-7509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$4,250,000
927 Fern Street Holdings LLC
Mrp Investment LLC
Special Warranty Deed
—
Aug 9, 2005
$3,550,000
Mrp Investment LLC
Heliocol Hq Ptshp
Grant Deed
$2,600,000 · Wachovia Bank NA
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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