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Property profile & analytics
OFF-MARKET
Estimated value
$3,975,000
Grocery and convenience stores
12321 Colonial Dr Orlando, FL 32826-4712
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-7897401
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2014
Total area
12,808 SF
Lot
1.82 ac (79,139 SF)
Zoning code
RSTD C-2
APN
22-22-31-0000-00-098
UPID
US18-7897401
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
-
AmeriGas Propane Exchange Propane Supplier
-
Tesla Supercharger Electric Vehicle Charging Station
-
Wawa Gas Station
-
OneMain Financial Loan Service
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.98M
Owner & transaction history
Clerop10 LLC · 8 yrs held
Clerop10 LLC
since 2018
3 recorded transactions
Zoning & alternative use
RSTD C-2 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+221.5%
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
COMMERCIAL (GENERAL)
$2,775,000
Change: +221% · Conversion: Easy
Blend value · Realmo final
$3.98M
Range $3.58M – $4.37M · ±10%
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
$54,352
Tax year 2023
Assessed value
$3,731,491
Assessed 2023
Previous assessed
$3,308,287
+12.8% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,544,365
Assessed improvement
$2,187,126
Land market value
$1,544,365
Improvement market value
$2,187,126
Total market value
$3,731,491
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
8
Total area
12,808 SF
Lot
1.82 ac (79,139 SF)
Zoning code
RSTD C-2
APN
22-22-31-0000-00-098
UPID
US18-7897401
Jurisdiction
ORANGE
Zoning & alternative use
RSTD C-2 · Orlando, FL
Zoning RSTD C-2 · permitted uses
RSTD C-2 · 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
COMMERCIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL)
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Lot
1.82 ac
Current owner
From public records · entity-resolved
Clerop10 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
851 S FEDERAL HWY STE #201, BOCA RATON, FL 33432-6165
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2018
—
Clerop10 LLC
Clerop1 INC
Quit Claim Deed
related
—
May 9, 2014
$2,432,000
Baymcd LLC
Hepwood LLC
Grant Deed
related
—
Dec 4, 2013
$2,432,000
Baymcd LLC
Hepwood LLC
Warranty Deed
—
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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