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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office Spaces
1525 International Pkwy Ste 2021 Lake Mary, FL 32746-7645
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3143997
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Construction
CONCRETE
Total area
2,055 SF
Lot
0.02 ac (1,013 SF)
APN
06-20-30-516-0000-2021
UPID
US18-3143997
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$590k
Owner & transaction history
1525 International Parkway LLC · 5 yrs held
1525 International Parkway LLC
since 2021
Last sale
$599,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+115.0%
Commercial (general)
$545,000
+23.4%
Neighborhood: shopping center
$455,000
+3.4%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
$400,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$470,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$440,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +115% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$390,000
Change: -12% · Conversion: Moderate
WAREHOUSE, STORAGE
$375,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $599k (Apr 3 2025)
Last sale anchor
$599k
Apr 3 2025
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
$287 / 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
$7,924
Tax year 2023
Assessed value
$565,125
Assessed 2023
Previous assessed
$524,025
+7.8% YoY
Effective rate
1.40%
On assessed value
Improvement market value
$565,125
Total market value
$565,125
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,055 SF
Lot
0.02 ac (1,013 SF)
APN
06-20-30-516-0000-2021
UPID
US18-3143997
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
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
OFFICE BUILDING Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
RETAIL STORES
Est. value
$390,000
WAREHOUSE, STORAGE
Est. value
$375,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
1525 International Parkway LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1525 INTERNATIONAL PKWY STE #2021, LAKE MARY, FL 32746-7645
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2021
$520,000
1525 International Parkway LLC
Susans Suite LLC
Warranty Deed
—
Dec 3, 2013
$422,000
Susans Suite LLC
Ksc Investment Properties INC
Warranty Deed
$338,000 · Bankfirst
Apr 18, 2007
$828,800
Ksc Investment Properties INC
Pelloni Condominium Corp
Warranty Deed
—
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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