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Property profile & analytics
OFF-MARKET
Estimated value
$6,120,000
Specialty properties
981 Ulmer Rd Frostproof, FL 33843-3555
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5540214
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1978
Total area
2,072 SF
Lot
5.69 ac (248,074 SF)
APN
283129000000032010
UPID
US18-5540214
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
$6.12M
Owner & transaction history
Emery Lewis JR. · 11 yrs held
Emery Lewis JR.
since 2015
6 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 Frostproof submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frostproof 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
$2,954 / 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
$17
Tax year 2023
Assessed value
$1,446,204
Assessed 2023
Previous assessed
$1,121,228
+29.0% YoY
Effective rate
0.00%
On assessed value
Total market value
$1,446,204
Applied tax rate
90,220.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Units
1
Total area
2,072 SF
Lot
5.69 ac (248,074 SF)
APN
283129000000032010
UPID
US18-5540214
Jurisdiction
POLK
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
1978
Heating
NONE
Stories
1
Units
1
Lot
5.69 ac
Current owner
From public records · entity-resolved
Emery Lewis JR.
Individual
Free & Clear · 11 yrs held
Mailing address
6735 CONROY RD STE #420, ORLANDO, FL 32835-3566
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
—
Frostproof Park LLC
—
Deed
related
$4,800,000 · Bank Of Central Florida
Mar 19, 2015
—
Emery Lewis JR.
1224 Corp
Quit Claim Deed
related
—
Jan 3, 2014
$1,000,000
Frostproof Park LLC
Stap Frostproof LLC
Warranty Deed
related
$750,000 · Branch Bk&tr
Jul 13, 2007
—
Frostproof Lakefront Resort Ll
Rickert,wayne C
Quit Claim Deed
related
$189,077 · Flagship National Bank
Jun 22, 2005
$3,000
1224 Corp
Emery,lewis JR
Warranty Deed
related
—
Jun 11, 2003
$807,600
Frostproof Park LLC
Tully,doris F
Grant Deed
$700,000 · Doris F Tully
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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