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Property profile & analytics
FOR LEASE
Retail space
10885 W Colonial Dr Ocoee, FL 34761
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-1163101
For Lease
$4,170,000
10885 W Colonial Dr, Ocoee, FL 34761
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
27,415 SF
Lot
2.94 ac (128,136 SF)
Zoning code
C-3
APN
20-22-28-0000-00-037
UPID
US18-1163101
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.56M
Blend (final)
Blend
$4.17M
Owner & transaction history
Carr Boy Properties LLC · 8 yrs held
Carr Boy Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-3 · Ocoee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ocoee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocoee 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
Blend value · Realmo final
$4.17M
Range $3.75M – $4.59M · ±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
$152 / 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
$50,465
Tax year 2023
Assessed value
$3,304,619
Assessed 2023
Previous assessed
$3,194,364
+3.5% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,281,365
Assessed improvement
$2,023,254
Land market value
$1,281,365
Improvement market value
$2,023,254
Total market value
$3,304,619
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2005
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
4
Total area
27,415 SF
Lot
2.94 ac (128,136 SF)
Zoning code
C-3
APN
20-22-28-0000-00-037
UPID
US18-1163101
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Ocoee, FL
Zoning C-3 · permitted uses
C-3 · Ocoee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocoee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
2.94 ac
Current owner
From public records · entity-resolved
Carr Boy Properties LLC
Entity
Mailing address
PO BOX 1234, OAKLAND, FL 34760-1234
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2018
$1,950,000
Carr Boy Properties LLC
Colonial 10897 LLC
Warranty Deed
$4,077,000 · Suntrust Bk/tallahassee
Aug 10, 2016
$1,815,500
Colonial 10897 LLC
Carr Boy Properties LLC
Warranty Deed
—
May 3, 2016
$1,600,000
Carr Boy Properties LLC
Tc Property Venture LLC
Quit Claim Deed
related
—
Mar 11, 2016
$1,010,100
Tc Property Venture LLC
Carr,michael A Coc
Trustees Deed
—
Jan 22, 2004
$1,315,000
Michael A Carr
Womack,daniel
Grant Deed
$986,250 · Bankfirst
Sep 20, 2001
$1,000,000
Alderman Trust
Alderman,bridges T & Elizabeth A
Grant Deed
related
—
—
—
Michael A Carr
—
Deed Of Trust
related
$100,640 · Bankfirst
—
—
Michael A Carr
—
Deed Of Trust
related
$2,000,000 · Bankfirst
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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