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Property profile & analytics
OFF-MARKET
Investment properties
115 Summerlin Ave, Orlando, FL 32801-2032
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3848476
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1915
Total area
2,116 SF
Lot
0.13 ac (5,710 SF)
Zoning code
PD/T/HP/SP
APN
25-22-29-2426-01-020
UPID
US18-3848476
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
-
Honey House Vintage (Bike/Boat/Book/etc) Store
-
The Co. - Downtown Orlando Lifestyle Boutique Clothing & Fashion Store
-
Zero.orlando Big Box & Wholesale Store
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
Veranda At Washington St LLC · 14 yrs held
Veranda At Washington St LLC
since 2012
3 recorded transactions
Zoning & alternative use
PD/T/HP/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
$10,788
Tax year 2023
Assessed value
$586,761
Assessed 2023
Previous assessed
$514,567
+14.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$240,039
Assessed improvement
$346,722
Land market value
$240,039
Improvement market value
$346,722
Total market value
$586,761
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1915
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
6
Bathrooms
4
Total area
2,116 SF
Lot
0.13 ac (5,710 SF)
Zoning code
PD/T/HP/SP
APN
25-22-29-2426-01-020
UPID
US18-3848476
Jurisdiction
ORANGE
Zoning & alternative use
PD/T/HP/SP · Orlando, FL
Zoning PD/T/HP/SP · permitted uses
PD/T/HP/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
1915
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Veranda At Washington St LLC
Entity
Mailing address
1605 W FAIRBANKS AVE, WINTER PARK, FL 32789-4603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2012
$1,205,000
Veranda At Washington St LLC
Cinnabar Investments INC
Warranty Deed
$1,299,650 · Regions Bank
—
—
Veranda At Washington St LLC
—
Deed Of Trust
related
$1,280,000 · Citizens Bk/fl
—
—
Steven L Norris
—
Deed Of Trust
related
$50,916 · First Union Nat'l Bank Florida
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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