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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
929 Us Hwy 17th N, Fort Meade, FL 33841
Individually Owned
11-yr Hold
Free & Clear
Property ID
US18-4002721
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
2,650 SF
Lot
3.76 ac (163,960 SF)
Zoning code
C-3
APN
253122000000042020
UPID
US18-4002721
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
$420k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$884k
Blend (final)
Blend
$630k
Owner & transaction history
Land Of Construction Equipment Ll · 11 yrs held
Land Of Construction Equipment Ll
since 2015
4 recorded transactions
Zoning & alternative use
C-3 · Fort Meade, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$820,000
+19.1%
Commercial (general)
$750,000
+9.1%
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 Fort Meade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Meade 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
$420,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$690,000
Current use
MEDICAL BUILDING
$820,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$750,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$645,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$238 / 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
$11,200
Tax year 2023
Assessed value
$368,815
Assessed 2023
Previous assessed
$367,155
+0.5% YoY
Effective rate
3.04%
On assessed value
Assessed land
$81,991
Assessed improvement
$286,824
Land market value
$81,991
Improvement market value
$286,824
Total market value
$368,815
Applied tax rate
90,210.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
OFFICE BUILDING
Status
Off-Market
Year built
1974
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
2,650 SF
Lot
3.76 ac (163,960 SF)
Zoning code
C-3
APN
253122000000042020
UPID
US18-4002721
Jurisdiction
POLK
Zoning & alternative use
C-3 · Fort Meade, FL
Zoning C-3 · permitted uses
C-3 · Fort Meade, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Meade. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$645,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1974
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
3.76 ac
Current owner
From public records · entity-resolved
Land Of Construction Equipment Ll
Individual
Free & Clear · 11 yrs held
Mailing address
929 N CHARLESTON AVE, FORT MEADE, FL 33841-2005
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2015
$325,000
Land Of Construction Equipment Ll
Ring Power Corp
Warranty Deed
—
Apr 9, 2014
$286,200
Ring Power Corp
Caterpillarglobal Mining Field
Grant Deed
—
Jul 1, 1999
$265,000
Minserco INC
Bucyrus International INC
Grant Deed
—
Mar 24, 1998
$265,000
Bucyrus International INC
Adsit,gordon H & Mary L
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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