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Property profile & analytics
OFF-MARKET
Estimated value
$4,240,000
Office buildings
1600 Aaron Ave Orlando, FL 32811-4116
Entity Owned
~
Est. High Equity
Property ID
US18-4367367
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
14,159 SF
Lot
4.21 ac (183,388 SF)
Zoning code
P
APN
05-23-29-1236-00-010
UPID
US18-4367367
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
$4.34M
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.24M
Owner & transaction history
Quest INC
Quest INC
2 recorded transactions
Zoning & alternative use
P · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+56.1%
Auto repair, garage
$4.7M
+5.3%
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%
$4,700,000
6.5%
$4,340,000
7%
$4,030,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,485,000
Current use
RESTAURANT
$7,000,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,720,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,250,000
Change: -5% · Conversion: Easy
RETAIL STORES
$3,600,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$4.24M
Range $3.82M – $4.66M · ±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
$299 / 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
$5,748
Tax year 2023
Assessed value
$2,503,604
Assessed 2023
Previous assessed
$2,384,648
+5.0% YoY
Effective rate
0.23%
On assessed value
Assessed land
$147,511
Assessed improvement
$2,356,093
Land market value
$147,511
Improvement market value
$2,356,093
Total market value
$2,503,604
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
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
9
Stories
1
Rooms
35
Total area
14,159 SF
Lot
4.21 ac (183,388 SF)
Zoning code
P
APN
05-23-29-1236-00-010
UPID
US18-4367367
Jurisdiction
ORANGE
Zoning & alternative use
P · Orlando, FL
Zoning P · permitted uses
P · 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
OFFICE BUILDING Current
Est. value
$4.5M
RESTAURANT
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.3M
RETAIL STORES
Est. value
$3.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
9
Rooms
35
Lot
4.21 ac
Current owner
From public records · entity-resolved
Quest INC
Entity
Mailing address
351 S STATE RD 434, ALTAMONTE SPRINGS, FL 32714-3824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Quest INC
—
Deed Of Trust
related
$87,250 · Orlando City (fl)
—
—
Quest INC
—
Deed Of Trust
related
$161,052 · Orlando City (fl)
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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