New search
Property profile & analytics
FOR LEASE
Retail space
131 North Orange Ave Orlando, FL 32801
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-0150421
For Lease
$2,655,000
131 North Orange Ave, Orlando, FL 32801
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1933
Total area
8,174 SF
Lot
0.66 ac (28,600 SF)
Zoning code
AC-3A/T
APN
26-22-29-7352-30-041
UPID
US18-0150421
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
-
Motorworks Brewing Production Facility Brewery & Distillery
-
Panya Thai General Contractor
-
Echo's Corner Restaurant
-
Schmankerl Stub'n Restaurant
-
Wells Fargo Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$2.66M
Owner & transaction history
131 Downtown LLC · 11 yrs held
131 Downtown LLC
since 2015
7 recorded transactions
Zoning & alternative use
AC-3A/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+94.4%
Commercial (general)
$2.9M
+39.9%
Auto repair, garage
$2.7M
+31.2%
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%
$2,675,000
6.5%
$2,470,000
7%
$2,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,080,000
Current use
RESTAURANT
$4,040,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,910,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,725,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$2,560,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,915,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,700,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±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
$325 / 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
$89,291
Tax year 2023
Assessed value
$4,647,764
Assessed 2023
Previous assessed
$4,427,171
+5.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$3,206,632
Assessed improvement
$1,441,132
Land market value
$3,206,632
Improvement market value
$1,441,132
Total market value
$4,647,764
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1933
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
17
Total area
8,174 SF
Lot
0.66 ac (28,600 SF)
Zoning code
AC-3A/T
APN
26-22-29-7352-30-041
UPID
US18-0150421
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T · Orlando, FL
Zoning AC-3A/T · permitted uses
AC-3A/T · 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 Current
Est. value
$2.1M
RESTAURANT
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.7M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1933
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
17
Lot
0.66 ac
Current owner
From public records · entity-resolved
131 Downtown LLC
Entity
Mailing address
2469 N JOHN YOUNG PKWY STE C, ORLANDO, FL 32804-4124
Ownership since
2015
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
Dec 26, 2018
—
G & I Viii 111 Norange Ave LLC
—
Loan Modification
related
$44,250,000 · Metlife R/e Lndg LLC
May 29, 2015
$3,075,000
131 Downtown LLC
Drsk4 LLC
Warranty Deed
$2,606,250 · First Green Bank
Apr 9, 2008
—
Drsk4 LLC
—
Trustees Deed
related
$400,000 · Riverside National Bank
Jul 2, 2003
$3,050,000
Drsk4 LLC
131 North Orange Avenue LLC
Grant Deed
$2,400,000 · Riverside Bank Of Central Fl
Nov 8, 2001
$1,100,100
131 North Orange Avenue LLC
Orange Terrace INC
Grant Deed
related
—
Mar 12, 2001
$1,500,000
Orlando Terrace INC
Gsg II Partnership
Grant Deed
$1,100,000 · Amsouth Bank
—
—
Drsk4 LLC
—
Deed Of Trust
related
$1,506,000 · First Green Bk
—
—
Drsk4 LLC
—
Deed Of Trust
related
$57,010 · Td Bank NA
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
