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Property profile & analytics
FOR LEASE
Grocery and convenience stores
960 S Main St Labelle, FL 33935
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4771784
For Lease
1 / 4
$6,055,000
960 S Main St, Labelle, FL 33935
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
52,795 SF
Lot
5.88 ac (256,133 SF)
Zoning code
LB-B-2
APN
2 29 43 08 A00 0021.0100
UPID
US18-4771784
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
-
Winn-Dixie Grocery & Convenience Store Food Market
-
Gregg A. Ford, RPh Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.67M
Blend (final)
Blend
$6.06M
Owner & transaction history
Astor 960 S Main Street LLC · 1 yrs held
Astor 960 S Main Street LLC
since 2025
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
LB-B-2 · Labelle, 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 Labelle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Labelle 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
$5,845,000
ML approach
$5,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,210,000
Current use
OFFICE BUILDING
$8,025,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$6.06M
Range $5.45M – $6.66M · ±10% · vs last sale $6.30M (Mar 23 2025)
Last sale anchor
$6.30M
Mar 23 2025
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
$115 / 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
$112,654
Tax year 2023
Assessed value
$4,800,265
Assessed 2023
Previous assessed
$4,410,146
+8.8% YoY
Effective rate
2.35%
On assessed value
Assessed land
$1,276,367
Assessed improvement
$3,523,898
Land market value
$1,276,367
Improvement market value
$3,523,898
Total market value
$4,800,265
Applied tax rate
10.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
52,795 SF
Lot
5.88 ac (256,133 SF)
Zoning code
LB-B-2
APN
2 29 43 08 A00 0021.0100
UPID
US18-4771784
Jurisdiction
HENDRY
Zoning & alternative use
LB-B-2 · Labelle, FL
Zoning LB-B-2 · permitted uses
LB-B-2 · Labelle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Labelle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.2M
OFFICE BUILDING
Est. value
$8.0M
RETAIL STORES Current
OFFICE BUILDING
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.88 ac
Current owner
From public records · entity-resolved
Astor 960 S Main Street LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2025
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
Jun 23, 2025
$6,300,000
Astor 960 S Main Street LLC
Axgnl 1 Labelle Fl LP
Special Warranty Deed
—
Feb 25, 2022
$6,100,000
Axgnl 1 Labelle Fl LP
Daniel G Kamin Labelle LLC
Special Warranty Deed
$7,320,000 · Key Bank NA
Feb 25, 2022
—
Axgnl 1 Labelle Fl LP
Daniel G Kamin Labelle LLC
Intrafamily Transfer
related
—
Oct 7, 2021
$5,700,000
Daniel G Kamin Labelle LLC
Sweet T Fields LLC
Special Warranty Deed
—
Jun 1, 1980
—
Owner Name Unavailable
Owner Name Unavailable
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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