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    Orlando North Realty

    1150 Douglas Avenue, Suite 2020, Altamonte Springs, FL 32714
    (407) 862-9700
    Size: 10+ agents

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    • Land
    • Residential Multi Family
    • Commercial Sale

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    For Sale (17)

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    Commercial Land in Deltona, Florida
    Contact for pricing
    0.17 Acres

    Commercial Land in Deltona, Florida

    Commercially zoned land available in Deltona, Florida.

    752 Fort Smith Blvd, Deltona, FL 32738
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    Commercial Land in Deltona, Florida
    $95,000
    0.51 Acres

    Commercial Land in Deltona, Florida

    Commercial property with B1 zoning, totaling 0.51 acres.

    747 Fort Smith Blvd, Deltona, FL 32738
    View details
    Waterfront Land Near Harris Chain
    $103,000
    0.22 Acres

    Waterfront Land Near Harris Chain

    Waterfront land with canal access to the Harris Chain of Lakes.

    Pine Island Dr, Leesburg, FL 34788
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    Leesburg Land on County Road
    $175,000
    1.71 Acres

    Leesburg Land on County Road

    1.71 acre commercial land with high visibility in Leesburg.

    County Road 44, Leesburg, FL 34748
    View details
    Land Near Outdoor Attractions
    $220,000
    5.31 Acres

    Land Near Outdoor Attractions

    5+ acre land parcel near shops and I-75.

    Sr 575, Dade City, FL 33523
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    Duplex Near Stetson University
    $219,000
    1,200 SF

    Duplex Near Stetson University

    Duplex with long-term tenants, close to university and downtown.

    1403 E Voorhis Ave, Deland, FL 32724
    View details
    Apopka Estate Homesite Opportunity
    $474,000
    4.80 Acres

    Apopka Estate Homesite Opportunity

    4.8-acre estate homesite backing to Wekiva Springs State Park.

    Faye St, Apopka, FL 32712
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    Apopka Land in Growing Corridor
    $424,000
    4.77 Acres

    Apopka Land in Growing Corridor

    4.77 acres in Apopka's expanding Kelly Park area.

    2228 Vick Rd, Apopka, FL 32712
    View details
    EUSTIS Agriculture Property on 9 Acres
    $1,250,000
    2,310 SF

    EUSTIS Agriculture Property on 9 Acres

    9 acres with greenhouses, residence, and highway frontage.

    20900 State Road 44, Eustis, FL 32736
    View details
    Prime Land in Mount Dora
    $3,250,000
    8.77 Acres

    Prime Land in Mount Dora

    8+ acre mixed-use parcel near historic downtown Mount Dora.

    610 S Highland St, Mount Dora, FL 32757
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    Residential Lot in Quiet Neighborhood
    Contact for pricing
    0.10 Acres

    Residential Lot in Quiet Neighborhood

    Cleared residential lot near schools, airport, and downtown Sanford.

    Granby St, Sanford, FL 32771
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    Prime Mixed-Use Development Opportunity
    Contact for pricing

    Prime Mixed-Use Development Opportunity

    8+ acre mixed-use parcel near Historic Downtown Mount Dora.

    610 S Highland St, Mount Dora, FL 32757
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    Commercial Zoned Lot For Sale
    Contact for pricing

    Commercial Zoned Lot For Sale

    Commercial zoned property on a 50x150 lot.

    752 Fort Smith Blvd, Deltona, FL 32738
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    Commercial Land For Sale
    Contact for pricing

    Commercial Land For Sale

    Commercial property with B1 zoning, totaling 150'x150'.

    747 Fort Smith Blvd, Deltona, FL 32738
    View details
    Commercial Property on Fort Smith
    Contact for pricing

    Commercial Property on Fort Smith

    Three parcels of commercial land zoned B1 for sale.

    732 Fort Smith Blvd, Deltona, FL 32738
    View details
    First Floor Condo Near Lake
    Contact for pricing
    897 SF

    First Floor Condo Near Lake

    2-bedroom, 2-bathroom condo with new flooring and community amenities.

    140 Orchid Woods Ct, Deltona, FL 32725
    View details
    State Road 44 Frontage Land
    Contact for pricing
    2,310 SF

    State Road 44 Frontage Land

    9 acres with greenhouses, residence, and highway frontage.

    20900 State Road 44, Eustis, FL 32736
    View details

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    Orlando North Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Orlando North Realty
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