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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office buildings
1 Colonial Dr Orlando, FL 32801-1215
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5244423
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1938
Total area
3,878 SF
Lot
0.13 ac (5,850 SF)
Zoning code
AC-3A/T
APN
23-22-29-4160-00-062
UPID
US18-5244423
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
-
Alpha Realty & Associates Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Clear Channel Outdoor LLC · 2 yrs held
Clear Channel Outdoor LLC
since 2024
6 recorded transactions
Zoning & alternative use
AC-3A/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+6.6%
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 Orlando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orlando 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,215,000
Current use
AUTO REPAIR, GARAGE
$1,295,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$985,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$204 / 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
$13,685
Tax year 2023
Assessed value
$698,302
Assessed 2023
Previous assessed
$698,302
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$307,583
Assessed improvement
$390,719
Land market value
$307,583
Improvement market value
$390,719
Total market value
$698,302
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1938
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
9
Total area
3,878 SF
Lot
0.13 ac (5,850 SF)
Zoning code
AC-3A/T
APN
23-22-29-4160-00-062
UPID
US18-5244423
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T · Orlando, FL
Zoning AC-3A/T · permitted uses
AC-3A/T · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$985,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1938
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
9
Lot
0.13 ac
Current owner
From public records · entity-resolved
Clear Channel Outdoor LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5333 OLD WINTER GDN RD, ORLANDO, FL 32811-1520
Ownership since
2024
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
Dec 20, 2024
—
Mkvs Investments Group LLC
—
Deed
related
$524,500 · Live Oak Banking Company
Apr 29, 2024
—
Clear Channel Outdoor LLC
Mkvs Investments Group INC
Lease
—
Feb 1, 2021
$700,000
Roger Van Sluis
Colonial Orange LLC
Warranty Deed
$24,250 · Daniel Pelli
Feb 1, 2021
—
Mkvs Investments Group INC
Roger Van Sluts
Quit Claim Deed
related
—
Mar 11, 2005
$650,000
Colonial Orange LLC
Wagner,oscar O & Berylene O
Warranty Deed
$520,000 · Oscar O & Berylene O Wagner
—
—
Oscar O Wagner
—
Deed Of Trust
related
$154,000 · Suntrust Bank Central Florida
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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