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Property profile & analytics
FOR SALE
Office buildings
12249 Science Dr Orlando, FL 32826
Entity Owned
Free & Clear
Property ID
US18-3427683
For Sale
1 / 3
$22,190,000
12249 Science Dr, Orlando, FL 32826
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
137,924 SF
Lot
11.75 ac (511,782 SF)
Zoning code
IND-2/IND-3
APN
10-22-31-1252-13-010
UPID
US18-3427683
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
-
5DT Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Virtual Heroes Orlando – a Division of Applied Research Associates (Bike/Boat/Book/etc) Store Corporate Office
-
CGI Engineer
-
The DiSTI Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
Advanced Systems Technology (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.19M
Owner & transaction history
Cpg Science Drive LLC
Cpg Science Drive LLC
since 2026
Last sale
$18.6M
7 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$35,070,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$22.19M
Range $19.97M – $24.41M · ±10% · vs last sale $18.64M (Jan 13 2026)
Last sale anchor
$18.64M
Jan 13 2026
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
$161 / 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
$391,561
Tax year 2023
Assessed value
$25,330,982
Assessed 2023
Previous assessed
$24,346,561
+4.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,699,686
Assessed improvement
$23,631,296
Land market value
$1,699,686
Improvement market value
$23,631,296
Total market value
$25,330,982
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1989
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Stories
4
Rooms
273
Total area
137,924 SF
Lot
11.75 ac (511,782 SF)
Zoning code
IND-2/IND-3
APN
10-22-31-1252-13-010
UPID
US18-3427683
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Zoning IND-2/IND-3 · permitted uses
IND-2/IND-3 · 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
RETAIL STORES
Est. value
$35.1M
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
4
Rooms
273
Lot
11.75 ac
Current owner
From public records · entity-resolved
Cpg Science Drive LLC
Entity
Free & Clear · 0 yrs held
Mailing address
135 W CENTRAL BLVD STE #900, ORLANDO, FL 32801-2410
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
$18,638,299
Cpg Science Drive LLC
Cio Research Commons LLC
Special Warranty Deed
—
Jan 13, 2026
—
Cpg Science Drive LLC
Cio Research Commons LLC
Quitclaim Deed
related
—
Sep 9, 2016
—
Cio Research Commons LLC
—
Deed
related
$30,875,000 · Bankunited Fsb
Jul 14, 2016
$24,000,000
Cio Research Commons LLC
G & I V Research Commons LLC
Grant Deed
—
Oct 30, 2012
—
G & I V Technology Point LLC
—
Deed Of Trust
related
$34,000,000 · Bank Of America
Aug 16, 2007
$23,600,000
G & I V Research Commons LLC
Reacom Ltd
Grant Deed
$37,400,000 · * Other Institutional Lenders
Jun 2, 2000
$16,000,000
Reacom Ltd
Fitzgerald & Assoc Orlando Lc
Grant Deed
$12,600,000 · Lehman Brothers Bank Fsb
—
—
Cio Research Commons LLC
—
Deed Of Trust
related
$30,875,000 · Bankunited Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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