Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12000 Collegiate Way Orlando, FL 32817-2157

    • Hotels
    • 70,339 SF
    • 2.66 lot acres
    OFF-MARKET
    Value Estimations
    $2,135,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4758368
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Courtyard Orlando East/UCF Area / Hotel / Meeting Planning Service
    • 12000 Collegiate Way Parking / Parking Lot

    Property Details for 12000 Collegiate Way

    Year built
    1997
    Lot size
    2.66 lot acres
    Property size
    70,339 SF
    Zone code
    P-D
    Property type
    Hotels
    APN
    09-22-31-1494-00-100
    APU
    92231149400100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,135,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.2127
    Latitude
    28.5962
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $134,294
    $1,609,596
    $7,157,532
    $8,767,128
    -
    $1,609,596
    $7,157,532
    $8,767,128

    Comparable in this City

    • Value Estimation
      $1,480,000
      71,699 SF

      11651 University Blvd

      HOTEL • 71,699 SF
      11651 University Blvd, Orlando, FL 32817-2122
      View Details
    • Value Estimation
      $1,755,000
      62,588 SF

      11424 University Blvd

      HOTEL • 62,588 SF
      11424 University Blvd, Orlando, FL 32817-2109
      View Details
    • Value Estimation
      $1,330,000
      76,662 SF

      3414 Technological Ave

      HOTEL • 76,662 SF
      3414 Technological Ave, Orlando, FL 32817-1477
      View Details
    • Value Estimation
      $1,245,000
      80,120 SF

      3450 Quadrangle Blvd

      HOTEL • 80,120 SF
      3450 Quadrangle Blvd, Orlando, FL 32817-1492
      View Details
    • Value Estimation
      $1,430,000
      86,787 SF

      11801 High Tech Ave

      HOTEL • 86,787 SF
      11801 High Tech Ave, Orlando, FL 32817-1490
      View Details
    • Value Estimation
      $1,580,000
      5,952 SF

      8750 Colonial Dr

      HOTEL • 5,952 SF
      8750 Colonial Dr, Orlando, FL 32817-4004
      View Details

    Similar Nearby for Sale

    • $250,000

      Land For Sale University, FL

      Land available in University, Florida.
      12062 Collegiate Way, Orlando, FL 32817
      View Details
    • Contact for pricing
      50,034 SF

      Prime Land Near University Campus

      1.15 AC outparcel near UCF with high visibility.
      12250 Corporate Blvd, Orlando, FL 32817
      View Details
    • $2,500,000

      Asian Supermarket with Food Court

      Profitable, fully equipped Asian supermarket with food court for sale.
      10681 E Colonial Dr, Orlando, FL 32817
      View Details
    • $489,000

      Commercial Property Near UCF

      Prime commercial property near UCF, ideal for massage/facial business.
      3370 Rouse Rd, Orlando, FL 32817
      View Details
    • $1,600,000
      19,620 SF

      Prime Orlando Warehouse Opportunity

      High-traffic Highway 50 location, 19,620 sqft.
      8517 Colonial Dr, Orlando, FL 32817
      View Details
    • $665,000

      Cleared Commercial Lot For Sale

      Prime commercial lot with high visibility and heavy traffic.
      10207 E Colonial Dr, Orlando, FL 32817
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      26,333 SF

      International Plaza Medical Office Space

      Orlando medical office, 2,275 sq ft available
      3451 Technological Ave, Orlando, FL 32817
      View Details
    • $55 SF/Yr
      4,028 SF

      Retail Space in Orlando

      Retail space available for lease in Orlando, Florida.
      12042 Collegiate Way, Orlando, FL 32817
      View Details
    • $55 SF/Yr
      45,000 SF

      Orlando Retail Center: Collegiate Way

      Prime Orlando retail space, multiple units available.
      12100 Collegiate Way, Orlando, FL 32817
      View Details
    • $1,500 /Mo
      1,000 SF

      Retail Space on Colonial Drive

      Move-in ready retail space with high traffic and signage.
      9422 East Colonial Dr, Orlando, FL 32817
      View Details
    • $18 SF/Yr
      34,708 SF

      Modern Office Building For Rent

      Single-story office building in University/Research Park submarket.
      3862 Quadrangle Blvd, Orlando, FL 32817
      View Details
    • Contact for pricing
      2,257 SF

      Office Space in Orlando

      Office complex with flexible lease terms and floor plans.
      3505 Lake Lynda Dr, Orlando, FL 32817
      View Details

    Property Visit Statistics

    • Visits by month
      17.7k
    • Visitors by month
      6.2k
    • Avg Time on site
      410 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12000 Collegiate Way
    Orlando, FL 32817-2157
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.