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Property profile & analytics
OFF-MARKET
Estimated value
$9,175,000
Distribution centers
125 Technology Park, Lake Mary, FL 32746-6204
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0696206
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1998
Construction
CONCRETE BLOCKS
Total area
36,401 SF
Lot
3.27 ac (142,441 SF)
APN
19-20-30-5JW-0000-0150
UPID
US19-0696206
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
-
FARO Technology Corporate Office
-
HoloBuilder Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.33M
Blend (final)
Blend
$9.18M
Owner & transaction history
125 Technology Park LLC · 6 yrs held
125 Technology Park LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.7M
+45.1%
Neighborhood: shopping center
$8.1M
+21.6%
Office building
$7.8M
+17.6%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
WAREHOUSE, STORAGE
$6,650,000
Current use
COMMERCIAL (GENERAL)
$9,650,000
Change: +45% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,090,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$7,820,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$6,915,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,330,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$9.18M
Range $8.26M – $10.09M · ±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
$252 / 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
$73,684
Tax year 2023
Assessed value
$5,369,621
Assessed 2023
Previous assessed
$4,712,286
+13.9% YoY
Effective rate
1.37%
On assessed value
Land market value
$1,374,556
Improvement market value
$3,995,065
Total market value
$5,369,621
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
18
Total area
36,401 SF
Lot
3.27 ac (142,441 SF)
APN
19-20-30-5JW-0000-0150
UPID
US19-0696206
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.8M
RETAIL STORES
Est. value
$6.9M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (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
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
18
Lot
3.27 ac
Current owner
From public records · entity-resolved
125 Technology Park LLC
Entity
Mailing address
3 COLUMBUS CIR FL, NEW YORK, NY 10019-8760
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2019
$5,150,000
125 Technology Park LLC
Emma Investments LLC
Special Warranty Deed
$3,862,500 · Valley National Bank
May 23, 2007
$3,500,000
Emma Investments LLC
Xenon Research INC
Grant Deed
$2,625,000 · Mercantile Bank
Apr 19, 2002
—
Seminole County (fl)
Xenon Research INC
Grant Deed
related
—
Jun 30, 1997
—
Xenon Research INC
—
Grant Deed
related
$1,100,000 · Barnett Bank
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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