Entity Owned Property summary
AI-generated overview
This exceptional 2,000-square-foot free-standing office building presents a unique investment opportunity in Orlando, Florida. Located at 118 Pasadena Place, just off Magnolia Drive, this property boasts a prime location within the desirable 32803 zip code. The building, constructed in 1925, offers a blend of historic character and contemporary appeal, featuring new finishes throughout. The two-story structure comprises a total of 2,000 square feet of net rentable space, providing ample room for a variety of business needs. The building's Class B designation reflects its well-maintained condition and attractive features. This is a single-building property, offering a streamlined ownership experience. Its convenient location and updated interior make it an ideal space for businesses seeking a blend of historical charm and modern functionality. The asking price for this remarkable property is $675,000. This represents a compelling investment opportunity in a thriving Orlando neighborhood. Don't miss the chance to own this exceptional piece of commercial real estate.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1925
Total area
2,080 SF
Lot
0.18 ac (8,028 SF)
Zoning code
MXD-2/T
APN
23-22-29-1300-00-830
UPID
US18-1399173
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
since 2025
Last sale
$575,000
2 recorded transactions
Zoning & alternative use
MXD-2/T · Orlando, FL
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$320k
Value range
$288k – $352k
±10% around blend
Estimated value / SF
$154 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$288k
blend $320k
$352k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,080 SF
Lot area
0.18 ac
Year built
1925
Stories
2
APN
23-22-29-1300-00-830
Zoning
MXD-2/T
Assessed value
$431,400
Annual tax
$264
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$498k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.9 mi away · 1,656 SF
4.7 mi away · 2,028 SF
6.2 mi away · 1,520 SF
6.2 mi away · 1,464 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$320k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 51 sales
$329
-53%
Submarket 305 sales
$300
-49%
County 434 sales
$344
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $154/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$575k
Move the market yield to see immediate price impact.
Value / SF
$276
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$36k
$725k
$517k
$403k
$40k
$805k
$575k
$447k
$44k
$886k
$632k
$492k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$510k
1.8 mi · Jan 2026 · $277/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$264
Tax year 2023
Assessed value
$431,400
Assessed 2023
Previous assessed
$409,130
+5.4% YoY
Effective rate
0.06%
On assessed value
Assessed land
$203,590
Assessed improvement
$227,810
Land market value
$203,590
Improvement market value
$227,810
Total market value
$431,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1925
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
9
Total area
2,080 SF
Lot
0.18 ac (8,028 SF)
Zoning code
MXD-2/T
APN
23-22-29-1300-00-830
UPID
US18-1399173
Jurisdiction
ORANGE
Zoning & alternative use
MXD-2/T · Orlando, FLZoning MXD-2/T · permitted uses
MXD-2/T · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
MIXED_USE
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
9
Lot
0.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MXD-2/T
MIXED_USE
Jurisdiction
Orlando, FL
Recorded code
MXD-2/T
Official district
MXD-2/T
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MXD-2/T in Orlando, FL.
What opens after registration
Zoning profile
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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