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Property profile & analytics
FOR LEASE
Strip malls
1115 Vidina Pl Oviedo, FL 32765
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0906845
For Lease
$34,000,000
1115 Vidina Pl, Oviedo, FL 32765
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
CONCRETE BLOCKS
Total area
188,890 SF
Lot
27.51 ac (1,198,205 SF)
APN
16-21-31-5CA-0000-0350
UPID
US19-0906845
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
-
Ross Dress for Less Men'S Clothing Store Shoe Store
-
Save a Life Pet Rescue, Inc. Charitable Organization Social Service Agency
-
The Hair Whisperer Hair Salon
-
TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
-
Professional Garage Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$34.00M
Blend (final)
Blend
$34.00M
Owner & transaction history
Ddrm Oviedo Park LLC · 19 yrs held
Ddrm Oviedo Park LLC
since 2007
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$50.1M
+19.3%
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 Oviedo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oviedo 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
NEIGHBORHOOD: SHOPPING CENTER
$41,970,000
Current use
COMMERCIAL (GENERAL)
$50,070,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$40,205,000
Change: -4% · Conversion: Moderate
RETAIL STORES
$35,890,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$34,505,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$34.00M
Range $30.60M – $37.40M · ±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
$180 / 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
$311,522
Tax year 2023
Assessed value
$23,408,649
Assessed 2023
Previous assessed
$23,886,062
-2.0% YoY
Effective rate
1.33%
On assessed value
Land market value
$7,677,426
Improvement market value
$15,731,223
Total market value
$23,408,649
Applied tax rate
1.0000
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
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
37
Total area
188,890 SF
Lot
27.51 ac (1,198,205 SF)
APN
16-21-31-5CA-0000-0350
UPID
US19-0906845
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$42.0M
COMMERCIAL (GENERAL)
Est. value
$50.1M
OFFICE BUILDING
Est. value
$40.2M
RETAIL STORES
Est. value
$35.9M
WAREHOUSE, STORAGE
Est. value
$34.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
37
Lot
27.51 ac
Current owner
From public records · entity-resolved
Ddrm Oviedo Park LLC
Entity
Free & Clear · 19 yrs held
Mailing address
222 NEEDLES TRL, LONGWOOD, FL 32779-4634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Dec 15, 2023
—
Konforte Westland Colonial LLC
—
Deed
related
$1,100,000 · Midflorida Cu
Jun 29, 2017
—
Ddrm Oviedo Park Crossing LLC
—
Deed
related
$19,387,500 · Citigroup Global Markets Rlty
Jul 19, 2007
—
Ddrm Oviedo Park LLC
Ddr Oviedo Park LLC
Grant Deed
related
—
May 20, 2003
$19,671,429
Ddr Oviedo Park LLC
Developers Diversified Realty
Grant Deed
$13,000,000 · German American Capital Corp
—
—
Ddrm Oviedo Park Crossing LLC
—
Deed Of Trust
related
$19,387,500 · Citigroup Global Markets Rlty
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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