Financial
Distress signals
Property profile

251 Altamonte Commerce Blvd 1402 Altamonte Springs, FL 32714

FOR LEASE
Banks
Property ID
US18-7280906
57,200 SF 3.92 ac lot Built 1982
Last sale Jan 2022 · $16,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a warehouse or industrial building configured for small-bay occupancy and includes grade-level loading. It provides interior clear height suitable for typical light industrial or distribution use, and it is maintained in a condition consistent with professional property ownership.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$88k
Tax billed · 2023
Assessed value$5.41M
Effective rate1.62%

Value estimate

· Sep 2026
$30.07M
$27.06M – $33.07M
NOI build-up
Gross scheduled income$422k
Vacancy & credit loss−$72k
Operating expenses−$88k
NOI · 486.93% cap applied$263k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$485/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$143 – $1,361

Cap rate analysis

How does the asset earn?
486.93%
$263k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSEMINOLE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.7
Auto Parts Store12.4
Bakery12.3

Location

251 Altamonte Commerce Blvd, Unit 1402 Altamonte Springs, FL 32714
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 Town, Altamonte Springs, FL 32714-3909 $5,000,000 Jan 2025 49,600 SF
555 Douglas, Altamonte Springs, FL 32714 $5,000,000 Sep 2020 131,170 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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