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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Office Spaces
121 Orange Ave Ste 1000n Orlando, FL 32801-3237
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-3605208
Property summary
AI-generated overview
The Plaza North Tower offers exceptional Class A office space in the heart of downtown Orlando, Florida. Built in 2007, this modern high-rise building boasts stunning panoramic views of the city and nearby lake. The property features a sophisticated lobby and on-site management, ensuring a seamless and professional experience for tenants. Multiple tenancy options are available, catering to businesses of all sizes. Flexible floor plans allow for customization to meet specific needs, while the building's prime location provides easy access to a variety of dining, retail, and transportation options. The building is equipped with elevators for convenient access to all floors. This prestigious address at 121 S Orange Ave, Orlando, FL 32801, offers a sophisticated and efficient workspace in a vibrant urban setting. The building's traditional office and executive office spaces provide a range of options for businesses seeking a high-quality, well-located office environment. The building's modern architecture and amenities create an ideal setting for businesses seeking to elevate their presence in the Orlando market.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
3,712 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7156-10-000
UPID
US18-3605208
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
-
Noble Factory Production Facility
-
Daniel F Dill Pa Law Firm
-
Florida IT Pro (Bike/Boat/Book/etc) Store Corporate Office
-
Exchange Defender (Bike/Boat/Book/etc) Store Corporate Office
-
ScoutPro (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.15M
Owner & transaction history
Anton Zic · 2 yrs held
Anton Zic
since 2024
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+13.7%
Auto repair, garage
$1.2M
+6.6%
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
Method
Estimation
Statistic approach
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,140,000
7%
$1,055,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,160,000
Current use
COMMERCIAL (GENERAL)
$1,320,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,240,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$945,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Jul 12 2024)
Last sale anchor
$1.15M
Jul 12 2024
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
$310 / 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
$12,220
Tax year 2023
Assessed value
$638,464
Assessed 2023
Previous assessed
$579,072
+10.3% YoY
Effective rate
1.91%
On assessed value
Assessed land
$127,693
Assessed improvement
$510,771
Land market value
$127,693
Improvement market value
$510,771
Total market value
$638,464
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
1
Total area
3,712 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7156-10-000
UPID
US18-3605208
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Zoning AC-3A/T/HP · permitted uses
AC-3A/T/HP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$945,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Anton Zic
Individual
Free & Clear · 2 yrs held
Mailing address
2325 NW 102ND PL, DORAL, FL 33172-2522
Ownership since
2024
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
Jul 12, 2024
$1,150,000
Anton Zic
Betria Financial Holdings LLC
Special Warranty Deed
—
Dec 19, 2018
—
Betria Financial Holdings LLC
Owner Name Unavailable
Affidavit Of Death
related
$7,500,000 · Bac Fl Bk
Mar 5, 2012
$867,800
Betria Financial Holdings LLC
Plaza 1000 North LLC
Warranty Deed
related
—
Jun 10, 2011
$447,700
Plaza 1000 North LLC
Plaza North Tower Coml Condo
Warranty Deed
—
Nov 17, 2010
—
North Twr Coml Condo As Plaza
Plaza LLC
Quit Claim Deed
related
—
—
—
Plaza 1000 North LLC
—
Deed Of Trust
related
$85,000 · Nestor Mariano Imperiale LLC
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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