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Property profile & analytics
FOR LEASE
Distribution centers
1255 S La Quinta Dr E Orlando, FL 32809
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3550142
For Lease
1 / 2
Contact for pricing
1255 S La Quinta Dr E, Orlando, FL 32809
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Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1983
Total area
89,950 SF
Lot
11.97 ac (521,537 SF)
Zoning code
IND-2/IND-3
APN
34-23-29-0562-01-040
UPID
US18-3550142
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
-
Nicor General Contractors Inc Construction Company General Contractor
-
RTP Production Marketing & Advertising Event Planning
-
Orlando Taiko Dojo Training Center Tutoring Service
-
Morgan Exteriors of Orlando Hardware & Home Improvement Kitchen & Bath Showroom
-
Artistic Entertainment Services, LLC Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.39M
Comparable Approach
Comparable
$13.34M
Blend (final)
Blend
$13.24M
Owner & transaction history
Orange Cnty · 9 yrs held
Orange Cnty
since 2016
2 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$21.1M
+7.2%
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%
$10,170,000
6.5%
$9,385,000
7%
$8,715,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,680,000
Current use
INDUSTRIAL (GENERAL)
$21,090,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$13.24M
Range $11.92M – $14.56M · ±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
$147 / 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
$193,352
Tax year 2023
Assessed value
$14,808,964
Assessed 2023
Previous assessed
$15,569,087
-4.9% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,389,991
Assessed improvement
$11,418,973
Land market value
$3,389,991
Improvement market value
$11,418,973
Total market value
$14,808,964
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
For Lease
Year built
1983
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Rooms
14
Total area
89,950 SF
Lot
11.97 ac (521,537 SF)
Zoning code
IND-2/IND-3
APN
34-23-29-0562-01-040
UPID
US18-3550142
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$19.7M
INDUSTRIAL (GENERAL)
Est. value
$21.1M
WAREHOUSE, STORAGE Current
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
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Rooms
14
Lot
11.97 ac
Current owner
From public records · entity-resolved
Orange Cnty
Individual
Free & Clear · 9 yrs held
Mailing address
2966 COMMERCE PARK DR STE #450, ORLANDO, FL 32819-8616
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2016
$9,800
Orange Cnty
Eastgroup Properties LP
Warranty Deed
—
Aug 15, 2003
—
Eastgroup Properties LP
—
Deed Of Trust
related
$9,048,858 · Prudential Insurance Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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