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Property profile & analytics
FOR LEASE
Commercial land
1121 N Orange Ave Winter Park, FL 32789
Entity Owned
Free & Clear
Property ID
US18-9797455
For Lease
1 / 4
$6,500,000
1121 N Orange Ave, Winter Park, FL 32789
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1989
Total area
7,539 SF
Lot
1.88 ac (81,825 SF)
Zoning code
O-1
APN
07-22-30-6512-99-010
UPID
US18-9797455
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
-
Florida Power Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.28M
Blend (final)
Blend
$6.50M
Owner & transaction history
City Of Winter Park
City Of Winter Park
since 2026
Last sale
$6.5M
5 recorded transactions
Zoning & alternative use
O-1 · Winter Park, 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 Winter Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Park 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
$6,500,000
ML approach
$6,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.50M
Range $5.85M – $7.15M · ±10% · vs last sale $6.50M (Jan 2 2024)
Last sale anchor
$6.50M
Jan 2 2024
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
$862 / 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
$64,802
Tax year 2023
Assessed value
$3,670,439
Assessed 2023
Previous assessed
$3,495,333
+5.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$3,669,859
Assessed improvement
$580
Land market value
$3,669,859
Improvement market value
$580
Total market value
$3,670,439
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
7,539 SF
Lot
1.88 ac (81,825 SF)
Zoning code
O-1
APN
07-22-30-6512-99-010
UPID
US18-9797455
Jurisdiction
ORANGE
Zoning & alternative use
O-1 · Winter Park, FL
Zoning O-1 · permitted uses
O-1 · Winter Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winter Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
City Of Winter Park
Entity
Free & Clear · 0 yrs held
Mailing address
189 S ORANGE AVE STE #1170, ORLANDO, FL 32801-3266
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
City Of Winter Park
Mccraney Wpo LLC
Special Warranty Deed
—
Jan 2, 2024
$6,500,000
Mccraney Wpo LLC
Bank Ozk
Special Warranty Deed
—
Jan 25, 2018
$4,300,000
Bank Of The Ozarks
American Momentum Bk
Grant Deed
—
Sep 16, 2009
$4,200,000
American Momentum Bk
Progress Point LLC
Grant Deed
related
—
Jun 12, 2008
$5,400,000
Progress Point LLC
Progress Energy Florida INC
Grant Deed
—
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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