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    Property profile & analytics

    1201 Hiawassee Rd Orlando, FL 32835-5702

    • Retail space
    • 10,240 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimations
    $2,265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5121817
    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

    • Citibank ATM / Atm
    • Western Union / Bank / Credit Union
    • 7-Eleven / Grocery & Convenience Store

    Property Details for 1201 Hiawassee Rd

    Year built
    1992
    Lot size
    1.25 lot acres
    Property size
    10,240 SF
    Zone code
    AC-N
    Property type
    Retail space
    APN
    36-22-28-5625-00-120
    APU
    362228562500120

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,350,000
      6.5%
      $3,095,000
      7%
      $2,875,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,450,000
      Market price range: $363k - $1.45M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,605,000
      Current use
      AUTO REPAIR, GARAGE
      $3,415,000
      Change: +31% Conversion: Difficult
      OFFICE BUILDING
      $3,285,000
      Change: +26% Conversion: Easy
      COMMERCIAL (GENERAL)
      $3,075,000
      Change: +18% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,400,000
      Change: -8% Conversion: Difficult
      WAREHOUSE, STORAGE
      $2,130,000
      Change: -18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4711
    Latitude
    28.5258
    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
    $62,986
    $1,133,624
    $2,242,335
    $3,375,959
    -
    $1,133,624
    $2,242,335
    $3,375,959

    Comparable in this City

    • Value Estimation
      $560,000
      4,180 SF

      6996 Piazza Grande Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,180 SF
      6996 Piazza Grande Ave, Orlando, FL 32835-8752
      View Details
    • Value Estimation
      $4,870,000
      17,294 SF

      7001 Old Winter Gdn Rd

      RETAIL STORES (PERSONAL SERVICES) • 17,294 SF
      7001 Old Winter Gdn Rd, Orlando, FL 32835-1058
      View Details
    • Value Estimation
      $535,000
      3,783 SF

      7065 Westpointe Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,783 SF
      7065 Westpointe Blvd, Orlando, FL 32835-8757
      View Details
    • Value Estimation
      $915,000
      5,660 SF

      5923 Old Winter Gdn Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,660 SF
      5923 Old Winter Gdn Rd, Orlando, FL 32835-1461
      View Details
    • Value Estimation by Request
      1,933 SF

      5853 Old Winter Gdn Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,933 SF
      5853 Old Winter Gdn Rd, Orlando, FL 32835-1471
      View Details
    • Value Estimation
      $4,195,000
      16,988 SF

      5886 Conroy Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,988 SF
      5886 Conroy Rd, Orlando, FL 32835-3528
      View Details

    Similar Nearby for Sale

    • $10,000,000

      Former CVS Retail Opportunity

      Retail property near Universal Orlando with high traffic and visibility.
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    • Contact for pricing

      Orlando Retail Property For Sale

      Retail property available for purchase in Orlando, Florida.
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      Pending

      Auto Service Shop For Sale

      Fully operational auto service shop in Metro West area.
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    • $2,100,000
      2.16 Acres

      Orlando Development Land

      2.16 Acres, High Visibility
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    • $11,800,000

      Prime Land Parcel Near Windermere

      21-acre land parcel with commercial, residential, or land bank potential.
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    • $11,800,000
      Pending

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      Just under 21 acres with commercial, residential, or land bank potential.
      1955 S Apopka Vineland Rd, Orlando, FL 32835
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    Similar Nearby for Lease

    • Contact for pricing
      1,231 SF

      Retail Space in Windermere Center

      Retail space for lease in Walmart-anchored shopping center.
      8851-8965 S Conroy Windermere Rd E, Orlando, FL 32835
      View Details
    • Contact for pricing
      20,330 SF

      Retail Space Near Valencia College

      20,330 SF retail space with high visibility and accessibility.
      1401 S Hiawassee Rd, Orlando, FL 32835
      View Details
    • Contact for pricing
      1,377 SF

      Retail Space Near Universal Studios

      Retail space anchored by Publix near Universal Studios.
      2405-2459 S Hiawassee Rd, Orlando, FL 32835
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space For Lease

      14,000 SF retail space with excellent tenant mix.
      6401-6449 Raleigh St, Orlando, FL 32835
      View Details
    • $72,000

      Ground Floor Retail Space Available

      1,832 SF ground floor retail space for lease.
      5749 Westgate Dr, Orlando, FL 32835
      View Details
    • Contact for pricing
      31,869 SF

      Orlando Retail Space For Lease

      Prime Orlando retail space available.
      2121 Hiawassee Rd, Orlando, FL 32835
      View Details
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    Orlando, FL 32835-5702
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    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
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