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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Grocery and convenience stores
10385 Colonial Dr Orlando, FL 32817-4360
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1102480
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1972
Total area
3,576 SF
Lot
0.35 ac (15,397 SF)
Zoning code
C-2
APN
17-22-31-6296-12-200
UPID
US18-1102480
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
-
Citgo Gas Station
-
Downey Food Mart Grocery & Convenience Store
-
Mclean Gas Mart Gas Station
-
Amazon Hub Locker - Ege Postal Service Courier Service
-
Amazon Hub Locker - Bugle Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Pankti INC · 26 yrs held
Pankti INC
since 1999
7 recorded transactions
Zoning & alternative use
C-2 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+402.4%
Office building
$795,000
+230.8%
Commercial (general)
$665,000
+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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,210,000
Change: +402% · Conversion: Difficult
OFFICE BUILDING
$795,000
Change: +231% · Conversion: Moderate
COMMERCIAL (GENERAL)
$665,000
Change: +176% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$9,389
Tax year 2023
Assessed value
$711,310
Assessed 2023
Previous assessed
$518,179
+37.3% YoY
Effective rate
1.32%
On assessed value
Assessed land
$401,443
Assessed improvement
$309,867
Land market value
$401,443
Improvement market value
$309,867
Total market value
$711,310
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
2
Total area
3,576 SF
Lot
0.35 ac (15,397 SF)
Zoning code
C-2
APN
17-22-31-6296-12-200
UPID
US18-1102480
Jurisdiction
ORANGE
Zoning & alternative use
C-2 · Orlando, FL
Zoning C-2 · permitted uses
C-2 · 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
$1.2M
OFFICE BUILDING
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$665,000
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
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Pankti INC
Entity
Mailing address
3811 HOLW XING DR, ORLANDO, FL 32817-1856
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2020
—
Param Food INC
—
Deed
related
$257,913 · Dinesh & Bharti Chokshi
Oct 31, 2016
—
Param Food INC
—
Deed
related
$550,000 · Surety Bk
Aug 7, 2009
—
Param Food INC
—
Trustees Deed
related
$180,000 · Fidelity Bank Florida
Oct 13, 1999
$300,000
Pankti INC
Williams,leonard E
Grant Deed
$275,000 · Seller
—
—
Param Food INC
—
Deed Of Trust
related
$354,096 · Fidelity Bank Florida
—
—
Param Food INC
—
Deed Of Trust
related
$257,913 · Dinesh & Bharti Chokshi
—
—
Param Food INC
—
Deed Of Trust
related
$550,000 · Surety Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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