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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Bars & Pubs
11448 University Blvd Orlando, FL 32817-2109
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3891223
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1998
Total area
11,219 SF
Lot
1.63 ac (70,927 SF)
Zoning code
C-1
APN
09-22-31-8948-04-000
UPID
US18-3891223
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
-
POP Orlando Bar & Pub
-
Turnt Desi Marketing & Advertising Event Planning
-
Knight Library Nightclub DJ & Entertainment
-
The Dungeon Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Arrow Management Corp · 5 yrs held
Arrow Management Corp
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+119.7%
Commercial (general)
$2.1M
+83.0%
Industrial (general)
$1.3M
+13.1%
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
$1,950,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$1,135,000
Current use
OFFICE BUILDING
$2,500,000
Change: +120% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,080,000
Change: +83% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,285,000
Change: +13% · Conversion: Difficult
RESTAURANT
$1,130,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.68M (Mar 26 2021)
Last sale anchor
$1.68M
Mar 26 2021
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
$162 / 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
$27,780
Tax year 2023
Assessed value
$1,797,148
Assessed 2023
Previous assessed
$1,704,070
+5.5% YoY
Effective rate
1.55%
On assessed value
Assessed land
$994,403
Assessed improvement
$802,745
Land market value
$994,403
Improvement market value
$802,745
Total market value
$1,797,148
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
3
Total area
11,219 SF
Lot
1.63 ac (70,927 SF)
Zoning code
C-1
APN
09-22-31-8948-04-000
UPID
US18-3891223
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Orlando, FL
Zoning C-1 · permitted uses
C-1 · 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
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.1M
NIGHTCLUB (COCKTAIL LOUNGE) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
1.63 ac
Current owner
From public records · entity-resolved
Arrow Management Corp
Entity
Mailing address
2395 RIVERDALE CT, OVIEDO, FL 32765-8641
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
—
Arrow Management Corp
—
Deed
related
$852,600 · Seacoast Bank
Mar 26, 2021
$1,675,000
Arrow Management Corp
A2j At University Blvd LLC
Warranty Deed
$852,600 · Seacoast National Bank
Aug 21, 2012
$1,675,000
A2j At University Blvd LLC
Adak On University LLC
Grant Deed
$1,000,000 · Leiter Family Trust (it)
Sep 28, 2005
—
Adak Of Indiana INC
Pubs Property LLC
Grant Deed
related
—
Jun 6, 2005
$77,900
Adak Of University LLC
Suds Remainder LLC
Grant Deed
—
Jun 6, 2005
$2,147,200
Adak If University LLC
Pubs Property LLC
Special Warranty Deed
$1,955,000 · Ge Capital Granchise Finance Corp
Sep 22, 2004
$1,776,800
Pubs Property LLC
Hops Grill & Bar INC
Grant Deed
—
Sep 22, 2004
$62,200
Sud Remainder LLC
Hops Grill & Bar INC
Grant Deed
—
—
—
Adak On University LLC
—
Deed Of Trust
related
$4,870,000 · Irwin Franchise Capital Corp
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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