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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
935 Us 90 Madison, FL 32340
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4220594
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2004
Construction
STEEL FRAME
Total area
19,604 SF
Lot
2.03 ac (88,514 SF)
APN
23-1N-09-4762-000-000
UPID
US18-4220594
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
Albert Chan · 4 yrs held
Albert Chan
since 2022
Last sale
$125,700
7 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$14,051
Tax year 2023
Assessed value
$631,635
Assessed 2023
Previous assessed
$631,635
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$111,528
Assessed improvement
$520,107
Land market value
$111,528
Improvement market value
$520,107
Total market value
$631,635
Applied tax rate
1.0000
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
DEPARTMENT STORE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
19,604 SF
Lot
2.03 ac (88,514 SF)
APN
23-1N-09-4762-000-000
UPID
US18-4220594
Jurisdiction
MADISON
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Albert Chan
Individual
Mailing address
2015 W GRV PKWY STE J, PLEASANT GROVE, UT 84062-6740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$125,700
Albert Chan
Millrock Investment Fund I LLC
Special Warranty Deed
—
Jan 10, 2022
$305,400
John Charles Simons III
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Jan 10, 2022
$41,400
John Charles Simons III
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Dec 21, 2021
$30,000
Ruth E Wise
Millrock Investment Fund I LLC
Special Warranty Deed
—
Dec 1, 2021
$214,100
Pleasant Grove Mixed Use LLC
Millrock Investment Fund I LLC
Special Warranty Deed
—
Nov 2, 2021
$100,000
Tgk Properties LLC
Millrock Investment Fund I LLC
Special Warranty Deed
—
Oct 6, 2021
$348,000
Scott P Callanan
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Oct 6, 2021
$501,900
Christine G Bartlett
Millrock Investment Fund 1 LLC
Warranty Deed
—
Sep 17, 2021
$1,425,000
Millrock Investment Fund 1 LLC
Franklin Development Funds Viii LLC
Special Warranty Deed
—
Apr 8, 2020
—
Franklin Development Funds Viii LLC
—
Deed
related
$860,000 · Wells Fargo Bank NA
Jan 22, 2020
—
Franklin Dev Funds Viii LLC
—
Deed
related
—
Nov 25, 2019
$685,900
Franklin Dev Funds Viii LLC
Elliott Family Of Madison LLC
Grant Deed
$940,668 · Sb Fb Houston LP
Jun 21, 2018
—
Elliott Family Of Madison
Elliott Family Of Madison LLC
Quit Claim Deed
related
—
Mar 8, 2006
—
Elliott Family Of Madison LLC
Elliott Family
Quit Claim Deed
—
Jun 27, 2003
$75,000
Elliott Family LP
Kinsey,ernest T
Grant Deed
—
—
—
Franklin Dev Funds Viii LLC
—
Deed Of Trust
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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