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Property profile & analytics
FOR LEASE
Distribution centers
1125 Gills Dr Orlando, FL 32824
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-1160134
For Lease
$10.85 SF/Yr
1125 Gills Dr, Orlando, FL 32824
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1991
Total area
154,216 SF
Lot
20.42 ac (889,495 SF)
Zoning code
IND-2/IND-3
APN
34-23-29-7268-01-090
UPID
US18-1160134
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
-
Iberia World Food Big Box & Wholesale Store Food Market
-
Wismettac Asian Foods Orlando Warehouse & Storage
-
Ace World Wide Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.10M
Comparable Approach
Comparable
$12.20M
Blend (final)
Blend
$14.77M
Owner & transaction history
Crossroads Fl Holding LLC
Crossroads Fl Holding LLC
since 2026
5 recorded transactions
Zoning & alternative use
IND-2/IND-3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,435,000
6.5%
$16,095,000
7%
$14,945,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$23,050,000
Current use
Blend value · Realmo final
$14.77M
Range $13.29M – $16.25M · ±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
$96 / 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
$334,265
Tax year 2023
Assessed value
$24,244,615
Assessed 2023
Previous assessed
$25,445,387
-4.7% YoY
Effective rate
1.38%
On assessed value
Assessed land
$4,895,727
Assessed improvement
$19,348,888
Land market value
$4,895,727
Improvement market value
$19,348,888
Total market value
$24,244,615
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1991
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
8
Total area
154,216 SF
Lot
20.42 ac (889,495 SF)
Zoning code
IND-2/IND-3
APN
34-23-29-7268-01-090
UPID
US18-1160134
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Zoning IND-2/IND-3 · permitted uses
IND-2/IND-3 · 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
WAREHOUSE, STORAGE Current
Est. value
$23.1M
WAREHOUSE, STORAGE Current
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
1991
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Lot
20.42 ac
Current owner
From public records · entity-resolved
Crossroads Fl Holding LLC
Entity
Mailing address
2 N RIVERSIDE PLZ STE #2350, CHICAGO, IL 60606-2617
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Feb 16, 2026
$98,450,000
Crossroads Fl Holding LLC
Icon Crossroads Owner Pool 5 Ga Fl
Special Warranty Deed
$59,100,000 · Hartford Fire Insurance Company
Oct 3, 2019
—
Icon Crossroads Owner Pool 5 G
—
Loan Modification
related
$1,550,000,000 · Deutsche Bk Ag/ny Branch
Apr 29, 2013
—
Bre Of Crossroads Industrial LLC
—
Deed Of Trust
related
$70,000,000 · J P Morgan Chase Bank
Jan 25, 2013
$22,750,000
Bre Of Crossroads Industrial LLC
Crossroads LLC
Grant Deed
—
Jun 12, 2007
$51,545,000
Crp-2 Crossroads LLC
Crossroads Distribution Ctr
Warranty Deed
related
—
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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