Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13538 Village Park Dr Orlando, FL 32837

    • Office Properties & Spaces
    • 1,115 SF
    • 0.69 lot acres
    For Lease
    View listing
    $3,500 /Mo
    Last Sale
    Nov 11, 2022
    $694,600
    Value Estimations
    $670,000
    Cap Rate Potential
    3%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US18-4814565
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PlusMoreUsa / Financial Advisor
    • Hamilton Home Mortgage - Orlando Branch / Loan Service / Bank
    • Que Vision Grafica / Advertising Agency / Marketing & Advertising
    • Orlando Property Group with Allison James Estates & Homes / Real Estate Agency
    • Brownstone Title Services LLC / Title Company

    Property Details for 13538 Village Park Dr

    Year built
    2007
    Lot size
    0.69 lot acres
    Property size
    1,115 SF
    Zone code
    P-D
    Property type
    Office Properties & Spaces
    APN
    29-24-29-8840-10-220
    APU
    292429884010220

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $645,000
      ML approach
      $645,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.428
    Latitude
    28.3693
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,166
    $56,865
    $227,460
    $284,325
    -
    $56,865
    $227,460
    $284,325

    Comparable in this City

    • Value Estimation by Request
      788 SF

      13550 Vlg Park Dru-120

      CONDOMINIUM OFFICES • 788 SF
      13550 Vlg Park Dru-120, Orlando, FL 32837-7827
      View Details
    • Value Estimation
      $575,000
      2,001 SF

      2151 Consulate Dr Ste, Unit 4

      CONDOMINIUM OFFICES • 2,001 SF
      2151 Consulate Dr Ste, Orlando, FL 32837-8806
      View Details
    • Value Estimation by Request
      592 SF

      13550 Vlg Park Dru-170

      CONDOMINIUM OFFICES • 592 SF
      13550 Vlg Park Dru-170, Orlando, FL 32837-7827
      View Details
    • Value Estimation by Request
      777 SF

      13550 Vlg Park Dru-325

      CONDOMINIUM OFFICES • 777 SF
      13550 Vlg Park Dru-325, Orlando, FL 32837-7827
      View Details
    • Value Estimation by Request
      807 SF

      13550 Vlg Park Dru-340

      CONDOMINIUM OFFICES • 807 SF
      13550 Vlg Park Dru-340, Orlando, FL 32837-7827
      View Details
    • Value Estimation
      $725,000
      777 SF

      13550 Vlg Park Dru-355

      CONDOMINIUM OFFICES • 777 SF
      13550 Vlg Park Dru-355, Orlando, FL 32837-7827
      View Details

    Similar Nearby for Sale

    • $529,900
      764 SF

      Move-in Ready Professional Office Suite

      Professional office suite in Hunters Creek's business district, ready now.
      13564 Village Park Dr, Orlando, FL 32837
      View Details
    • Contact for pricing

      Professional Office Space Available

      Third-floor office unit with abundant natural light and scenic views.
      13550 Village Park Dr, Orlando, FL 32837
      View Details
    • $199,900

      Nail, Beauty, and Spa Salon

      Turnkey nail, beauty, and spa salon business for sale.
      14650 Gatorland Dr, Orlando, FL 32837
      View Details
    • $23,000,000

      Renovated Hotel on Orange Blossom

      Fully renovated 7-story hotel near Orlando's attractions.
      9309 S Orange Blossom Trl, Orlando, FL 32837
      View Details
    • $30,000
      650 SF

      Established Beauty Business For Sale

      Turnkey beauty business opportunity in prime Orlando location.
      11189 S Orange Blossom Trl, Orlando, FL 32837
      View Details
    • $2,209,500

      Commercial Land For Sale

      Commercial land available for sale in Orlando, Florida.
      4126 Grande Brick Loop, Orlando, FL 32837
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      768 SF

      Modern Office Space in Orlando

      Modern, move-in ready office space in a sought-after Orlando location.
      13564 Village Park Dr, Orlando, FL 32837
      View Details
    • $42,000
      1,115 SF

      Orlando Office Suites For Lease

      Private office suites in desirable Hunter's Creek location available for lease.
      13538 Village Park Dr, Orlando, FL 32837
      View Details
    • $24 SF/Yr
      3,200 SF

      Versatile Flex Space in Orlando

      3200 sq ft flex space suitable for office or warehouse.
      11601 S Orange Blossom Trl, Orlando, FL 32837
      View Details
    • $24 SF/Yr
      3,200 SF

      Orlando Warehouse/Office Flex Space

      3200 sq ft flex space suitable for offices or warehouse.
      11601 S Orange Blossom Trl, Orlando, FL 32837
      View Details
    • $3,500 /Mo
      1,115 SF

      Well-Appointed Office Suites For Lease

      Private office suites in desirable Hunter’s Creek location, elevator access.
      13538 Village Park Dr, Orlando, FL 32837
      View Details
    • Contact for pricing
      6,400 SF

      Industrial Warehouse in Prologis Cypress

      38,400 SF warehouse with excellent access to major roadways.
      10505-10551 Satellite Blvd, Orlando, FL 32837
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13538 Village Park Dr
    Orlando, FL 32837
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.