OFF-MARKET
Other commercial real estate
Entity Owned
Absentee Owner
Free & Clear
Entity Owned Property summary
AI-generated overview
Friendship Center is a grocery-anchored shopping center totaling 103,335 square feet, located on a major retail corridor in Ocala. The center contains 21 tenant spaces and includes anchor tenants Roses and Home Hardware, with Roses expected to be in place as of Summer 2019. The tenant mix reflects long-term occupancy, with approximately half of the tenants having been in place for more than 10 years. A retail space of approximately 1,400 square feet is identified within the center for potential occupancy.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
82,392 SF
Lot
10.51 ac (457,816 SF)
Zoning code
B2
APN
3530-003-101
UPID
US18-4920933
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$9.45M
Blend (final)
Blend
$7.40M
Owner & transaction history
Zoning & alternative use
B2 · Ocala, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$7.40M
Value range
$6.66M – $8.14M
±10% around blend
Estimated value / SF
$90 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
$6.66M
blend $7.40M
$8.14M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
82,392 SF
Lot area
10.51 ac
Year built
1989
Stories
1
APN
3530-003-101
Assessed value
$4,787,590
Annual tax
$89,352
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$11.17M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.2 mi away · 88,777 SF
5.4 mi away · 83,890 SF
12.6 mi away · 67,748 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.40M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$164
-45%
Submarket 898 sales
$147
-39%
County 1175 sales
$144
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $90/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.79M
Move the market yield to see immediate price impact.
Value / SF
$58
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$302k
$6.03M
$4.31M
$3.35M
$335k
$6.70M
$4.79M
$3.72M
$369k
$7.37M
$5.27M
$4.10M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$14.66M
2.1 mi · Dec 2025 · $202/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$89,352
Tax year 2023
Assessed value
$4,787,590
Assessed 2023
Effective rate
1.87%
On assessed value
Assessed land
$2,745,870
Assessed improvement
$2,041,720
Land market value
$2,745,870
Improvement market value
$2,041,720
Total market value
$4,787,590
Applied tax rate
9,002.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Stories
1
Total area
82,392 SF
Lot
10.51 ac (457,816 SF)
Zoning code
B2
APN
3530-003-101
UPID
US18-4920933
Jurisdiction
MARION
Zoning & alternative use
B2 · Ocala, FLZoning B2 · permitted uses
B2 · Ocala, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Stories
1
Lot
10.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Ocala, FL
Recorded code
B2
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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