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Property profile & analytics
FOR LEASE
Strip malls
10021 University Blvd Orlando, FL 32817
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4800642
For Lease
$1,930,000
10021 University Blvd, Orlando, FL 32817
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
8,791 SF
Lot
13.13 ac (571,733 SF)
Zoning code
P-D
APN
05-22-31-8479-00-020
UPID
US18-4800642
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
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
Orange County · 4 yrs held
Orange County
since 2021
6 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+402.4%
Office building
$2.0M
+230.8%
Commercial (general)
$1.6M
+175.5%
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
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,975,000
Change: +402% · Conversion: Difficult
OFFICE BUILDING
$1,960,000
Change: +231% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,630,000
Change: +176% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±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
$220 / 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
$237,766
Tax year 2023
Assessed value
$15,381,591
Assessed 2023
Previous assessed
$14,292,069
+7.6% YoY
Effective rate
1.55%
On assessed value
Assessed land
$7,251,988
Assessed improvement
$8,129,603
Land market value
$7,251,988
Improvement market value
$8,129,603
Total market value
$15,381,591
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1987
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
8
Stories
1
Rooms
79
Total area
8,791 SF
Lot
13.13 ac (571,733 SF)
Zoning code
P-D
APN
05-22-31-8479-00-020
UPID
US18-4800642
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
MEDICAL BUILDING
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Rooms
79
Lot
13.13 ac
Current owner
From public records · entity-resolved
Orange County
Entity
Mailing address
917 W WASHINGTON BLVD, CHICAGO, IL 60607-2203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 5, 2021
$10,000
Orange County
Ia Orlando Suncrest Village LLC
Warranty Deed
—
Dec 20, 2019
—
Lebeaupin,aenan M Living Trust
Coledev Properties LLC
Correction Deed
related
—
Feb 19, 2014
$14,050,000
Inland American Orlando Suncre
Teachers Ins & Annuity Assn Of Am
Grant Deed
—
May 2, 2005
$14,950,000
Teachers Ins & Annuity Assn Of Am
Dean Star Corp
Grant Deed
—
—
—
Inland American Orlando Suncre
—
Deed Of Trust
related
$8,399,900 · Prudential Insurance Co Americ
—
—
Inland American Orlando Suncre
—
Deed Of Trust
related
$15,700,000 · Prudential Insurance Co Americ
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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