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Property profile & analytics
OFF-MARKET
Medical Office Space
1118 Orange Ave Ste 205 Orlando, FL 32806-1200
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4694368
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
2,181 SF
Lot
0.19 ac (8,218 SF)
Zoning code
MU-2/T/SP/
APN
35-22-29-1131-02-050
UPID
US18-4694368
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dre 1118 S Orange Condo LLC · 2 yrs held
Dre 1118 S Orange Condo LLC
since 2023
Last sale
$410,000
5 recorded transactions
Zoning & alternative use
MU-2/T/SP/ · Orlando, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,161
Tax year 2023
Assessed value
$523,440
Assessed 2023
Previous assessed
$329,331
+58.9% YoY
Effective rate
1.56%
On assessed value
Assessed land
$104,688
Assessed improvement
$418,752
Land market value
$104,688
Improvement market value
$418,752
Total market value
$523,440
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
5
Total area
2,181 SF
Lot
0.19 ac (8,218 SF)
Zoning code
MU-2/T/SP/
APN
35-22-29-1131-02-050
UPID
US18-4694368
Jurisdiction
ORANGE
Zoning & alternative use
MU-2/T/SP/ · Orlando, FL
Zoning MU-2/T/SP/ · permitted uses
MU-2/T/SP/ · 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.
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Dre 1118 S Orange Condo LLC
Entity
Mailing address
941 W MORSE BLVD STE #315, WINTER PARK, FL 32789-3781
Ownership since
2023
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 27, 2023
—
Dre 1118 S Orange Condo LLC
Mary L Demetree
Quit Claim Deed
related
—
Aug 3, 2021
$410,000
Mary L Demetree
Chris Marie Real Estate II LLC
Special Warranty Deed
—
Mar 7, 2011
$353,300
Chris Marie Real Estate II LLC
Epwv LLC
Warranty Deed
$272,000 · Regions Bank
May 4, 2005
$783,000
Epwv LLC
Parkmont Ltd
Grant Deed
$749,517 · Parkmont Ltd
—
—
Chris Marie Real Estate LLC
—
Deed Of Trust
related
$1,491,000 · Regions Bank
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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