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Property profile & analytics
OFF-MARKET
Estimated value
$5,090,000
Warehouses
11920 Colonial Dr Ocoee, FL 34761-3312
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1327597
Property summary
AI-generated overview
This exceptional retail property, built in 2016, boasts a highly visible location on West Colonial Drive, directly off the turnpike. The single-story building features five suites in total, with two immediately available units, each offering 800 square feet of space. These units can be leased individually or combined for a total of 1,600 contiguous square feet, providing flexibility for various business needs. One unit (Unit 20) includes built-out rooms, a service counter, and a restroom, offering a ready-to-occupy space. The other unit (Unit 30) presents an open floor plan with tile flooring and a restroom, ideal for customization. The property benefits from prominent road signage, ensuring high visibility for tenants. The property's Assessed Parcel Number (APN) is 30-22-28-9172-01-000, located in Orange County. This is a fantastic opportunity for businesses seeking a prime retail location with excellent visibility and adaptable spaces. The minimum leasable space is 800 square feet.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Total area
34,968 SF
Lot
3.33 ac (145,186 SF)
Zoning code
C-3
APN
30-22-28-9172-01-000
UPID
US18-1327597
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
-
Pin Trading World Business Networking Company
-
The Flooring Spot Carpet & Flooring Store Hardware & Home Improvement
-
Extra Space Storage Storage Facility
-
TD Collectibles LLC -By appointment only (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.05M
Comparable Approach
Comparable
$4.52M
Blend (final)
Blend
$5.09M
Owner & transaction history
Cubebuilders LLC · 11 yrs held
Cubebuilders LLC
since 2015
6 recorded transactions
Zoning & alternative use
C-3 · Ocoee, 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 Ocoee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocoee 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%
$5,465,000
6.5%
$5,045,000
7%
$4,685,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,120,000
Current use
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±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
$146 / 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
$112,928
Tax year 2023
Assessed value
$6,395,421
Assessed 2023
Previous assessed
$5,973,582
+7.1% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,480,892
Assessed improvement
$4,914,529
Land market value
$1,480,892
Improvement market value
$4,914,529
Total market value
$6,395,421
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
2
Units
319
Rooms
6
Total area
34,968 SF
Lot
3.33 ac (145,186 SF)
Zoning code
C-3
APN
30-22-28-9172-01-000
UPID
US18-1327597
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Ocoee, FL
Zoning C-3 · permitted uses
C-3 · Ocoee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocoee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.1M
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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Units
319
Rooms
6
Lot
3.33 ac
Current owner
From public records · entity-resolved
Cubebuilders LLC
Entity
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
—
Storage Builders II LLC
—
Deed
related
$440,960,000 · Jp Morgan Chase Bk
Aug 20, 2018
—
Storage Builders II LLC
—
Loan Modification
related
$9,150,000 · Firstbank
Apr 23, 2015
$1,263,500
Cubebuilders LLC
Self Storage Associates INC
Warranty Deed
$4,443,750 · Jernigan Capital Operating Partners
Aug 19, 2008
$1,500,000
Self Storage Associates INC
Climatized Dev Ocoee LLC
Warranty Deed
$158,028 · Climatized Dev Ocoee LLC
Nov 7, 2007
$1,200,000
Climitized Dev Ocoee LLC
West 50 Properties
Warranty Deed
—
—
—
Storage Builders II LLC
—
Deed Of Trust
related
$440,960,000 · Jp Morgan Chase Bk
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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