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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office Spaces
121 Orange Ave Ste 1110n Orlando, FL 32801-3238
Individually Owned
3-yr Hold
Property ID
US18-3669983
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
2,292 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7156-11-100
UPID
US18-3669983
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
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$314k
Blend (final)
Blend
$500k
Owner & transaction history
Mahendra Samaroo · 3 yrs held
Mahendra Samaroo
since 2023
Last sale
$470,000
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)
$815,000
+13.7%
Auto repair, garage
$765,000
+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
$565,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$715,000
Current use
COMMERCIAL (GENERAL)
$815,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$765,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $470k (Feb 23 2023)
Last sale anchor
$470k
Feb 23 2023
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
$218 / 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
$9,447
Tax year 2023
Assessed value
$492,780
Assessed 2023
Previous assessed
$446,940
+10.3% YoY
Effective rate
1.92%
On assessed value
Assessed land
$98,556
Assessed improvement
$394,224
Land market value
$98,556
Improvement market value
$394,224
Total market value
$492,780
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
2,292 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7156-11-100
UPID
US18-3669983
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
$715,000
COMMERCIAL (GENERAL)
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$765,000
RETAIL STORES
Est. value
$585,000
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
Mahendra Samaroo
Individual
Mailing address
9508 LK HUGH DR, GOTHA, FL 34734-4625
Ownership since
2023
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
Feb 23, 2023
$470,000
Mahendra Samaroo
Austin International LLC
Special Warranty Deed
—
Feb 11, 2019
$438,000
Austin International LLC
Capital Global Ptrs USA LLC
Grant Deed
—
Dec 26, 2017
—
Capital Global Ptrs USA LLC
Zak Investments LLC
Quit Claim Deed
related
—
Jul 29, 2008
$406,900
Zak Investments LLC
Plaza LLC
Grant Deed
$203,873 · Regions Bank
—
—
Zak Investments LLC
—
Deed Of Trust
related
$203,873 · Regions Bank
—
—
Capital Global Ptrs USA LLC
—
Deed Of Trust
related
$380,000 · Victor M Effron
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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