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Property profile & analytics
OFF-MARKET
Estimated value
$3,465,000
Office buildings
1301 Colonial Dr Orlando, FL 32804-7133
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0364625
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Total area
9,016 SF
Lot
0.54 ac (23,696 SF)
Zoning code
O-1/T
APN
22-22-29-8252-06-010
UPID
US19-0364625
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
-
CAN Community Health - Orlando Medical Clinic
-
MOL Charitable Organization Social Service Agency
-
Corklin Ray Steinhart Physician
-
C,A,N Corporate Office
-
The Tate Firm, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.57M
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$3.47M
Owner & transaction history
Albert L Lao · 3 yrs held
Albert L Lao
since 2022
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
O-1/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Low Intensity Office Residential Traditional City
General category
RESIDENTIAL
Zone area
115.35 ac
Source
Realmo
Top alternative use upside
Restaurant
$4.5M
+57.8%
Auto repair, garage
$3.0M
+6.5%
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
$3,465,000
ML approach
$3,565,000
CAP Approach
CAP Return
Estimation
6%
$2,995,000
6.5%
$2,765,000
7%
$2,565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,825,000
Current use
RESTAURANT
$4,455,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,005,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,485,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±10% · vs last sale $3.52M (Nov 1 2022)
Last sale anchor
$3.52M
Nov 1 2022
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
$384 / 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
$34,204
Tax year 2023
Assessed value
$1,869,607
Assessed 2023
Previous assessed
$1,811,244
+3.2% YoY
Effective rate
1.83%
On assessed value
Assessed land
$199,285
Assessed improvement
$1,670,322
Land market value
$199,285
Improvement market value
$1,670,322
Total market value
$1,869,607
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
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Rooms
25
Total area
9,016 SF
Lot
0.54 ac (23,696 SF)
Zoning code
O-1/T
APN
22-22-29-8252-06-010
UPID
US19-0364625
Jurisdiction
ORANGE
Zoning & alternative use
O-1/T · Orlando, FLZoning O-1/T · permitted uses
O-1/T · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Low Intensity Office Residential Traditional City
General category
RESIDENTIAL
Zone area
115.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
RESTAURANT
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
25
Lot
0.54 ac
Current owner
From public records · entity-resolved
Albert L Lao
Individual
Mailing address
PO BOX 74351, LOS ANGELES, CA 90004-0351
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$3,518,200
Albert L Lao
Can Florida II LLC
Warranty Deed
$4,525,000 · Symetra Life Insurance Co
Sep 23, 2019
$1,909,000
Can Florida I LLC
Can Colonial LLC
Warranty Deed
$1,635,000 · Us Bank NA
Mar 11, 2019
$1,660,000
Can Colonial LLC
Hep Real Estate Holdings LLC
Special Warranty Deed
$1,237,500 · Central Bank
Aug 4, 2017
—
Hep Real Estate Holdings LLC
—
Deed
related
$1,530,000 · Seacoast Nat'l Bk
Aug 7, 2007
$1,700,000
Hep Real Estate Holdings LLC
Kaufman Englett & Lynd Pa
Grant Deed
related
$1,530,000 · Orange Bank
Apr 12, 2000
$898,000
Fassett Anthony
Commons Medical Dev INC
Grant Deed
$800,000 · Amsouth Bank
—
—
Kaufman Englett
—
Deed Of Trust
related
$500,000 · United Heritage Bank
—
—
Hep Real Estate Holdings LLC
—
Deed Of Trust
related
$300,000 · Orange Bank
—
—
Hep Real Estate Holdings LLC
—
Loan Modification
related
$1,530,000 · Seacoast Nat'l Bk
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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