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Property profile & analytics

1516 Hillcrest St Orlando, FL 32803-4720

  • Office buildings
  • 29,757 SF
  • 0.77 lot acres
OFF-MARKET
Value Estimations
$1,440,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-4882067
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

  • Paperstac / Software Company
  • Scalar Consultant Group / Engineering Consultant
  • Ernesto Gonzalez, P.A. / Personal Injury Attorney / Law Firm
  • Shuster & Saben LLC / Personal Injury Attorney
  • Swiren Law Firm, P.A / Personal Injury Attorney / Real Estate Attorney

Property Details for 1516 Hillcrest St

Year built
1973
Lot size
0.77 lot acres
Property size
29,757 SF
Zone code
O-1/T
Property type
Office buildings
APN
25-22-29-1536-04-010
APU
252229153604010

Description

This exceptional three-story Class B office building, totaling 3,583 square feet, is ideally situated in Orlando's vibrant Mills & 50 district at the corner of Ferncreek Ave. and Hillcrest St. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking flexible space. The property boasts one passenger elevator servicing all three floors. On-site parking is included, eliminating the need for additional expenses. The location offers unparalleled convenience, just five minutes from Downtown Orlando's business district and with easy access to major thoroughfares like I-4 and SR 408. Benefit from high visibility, situated one block south of the high-traffic Colonial Drive (48,500 AADT). Enjoy the proximity to the thriving Mills & 50 restaurant corridor, Colonial Plaza, and Orlando Executive Airport. Individual suites offer a blend of private offices and open workspaces, catering to diverse business needs. This property is in Orange County, Florida, with a zip code of 32803. The building is directly adjacent to the future location of a Starbucks, further enhancing its appeal and convenience. This is an excellent opportunity to establish a presence in a dynamic and rapidly growing area of Orlando.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,180,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,699,000
    Market price range: $1.53M - $5.12M

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


Location Insight

  • Map
  • Local Demand
City
Orlando
County
Orange
State
Florida
Longitude
-81.3607
Latitude
28.5519
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
$54,651
$935,200
$1,990,132
$2,925,332
-
$935,200
$1,990,132
$2,925,332
More about this property
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