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Property profile & analytics
OFF-MARKET
Estimated value
$13,610,000
Warehouses
1600 Sun Life Path, Orlando, FL 32809-7700
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9318377
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
92,299 SF
Lot
2.3 ac (100,137 SF)
Zoning code
C-1
APN
34-23-29-7268-07-003
UPID
US18-9318377
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
-
Changing Room Charitable Organization
-
Tire Rack Mobile Tire Installation (Bike/Boat/Book/etc) Store Auto Parts Store
-
Morningstar Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.60M
Comparable Approach
Comparable
$18.97M
Blend (final)
Blend
$13.61M
Owner & transaction history
Prime Wee LLC · 7 yrs held
Prime Wee LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$21.6M
+7.2%
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%
$14,730,000
6.5%
$13,600,000
7%
$12,625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$20,190,000
Current use
INDUSTRIAL (GENERAL)
$21,640,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$13.61M
Range $12.25M – $14.97M · ±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
$147 / 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
$148,148
Tax year 2023
Assessed value
$9,057,059
Assessed 2023
Previous assessed
$8,469,283
+6.9% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,089,491
Assessed improvement
$7,967,568
Land market value
$1,089,491
Improvement market value
$7,967,568
Total market value
$9,057,059
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
633
Rooms
4
Total area
92,299 SF
Lot
2.3 ac (100,137 SF)
Zoning code
C-1
APN
34-23-29-7268-07-003
UPID
US18-9318377
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Orlando, FL
Zoning C-1 · permitted uses
C-1 · 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
WAREHOUSE, STORAGE Current
Est. value
$20.2M
INDUSTRIAL (GENERAL)
Est. value
$21.6M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2017
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Units
633
Rooms
4
Lot
2.3 ac
Current owner
From public records · entity-resolved
Prime Wee LLC
Entity
Mailing address
725 PARK CTR DR, MATTHEWS, NC 28105-5012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2019
—
Msc Fl Mall LLC
—
Grant Deed
related
$118,000,000 · Wells Fargo Bk
Dec 7, 2018
$3,500,000
Prime Wee LLC
37 Gregg LLC
Grant Deed
$2,700,000 · Centerstate Bk NA
Jul 21, 2017
—
Msc Fl Mall LLC
—
Grant Deed
related
$6,000,000 · First Citizens Bk
Jun 14, 2017
$8,500,000
Msc Fl Mall LLC
Fl Mall Storage LLC
Grant Deed
—
Jun 24, 2016
$930,000
Fl Mall Storage LLC
Florida Mall Properties INC
Special Warranty Deed
—
Jun 24, 2016
—
Fl Mall Storage LLC
New Alliance Ents INC
Grant Deed
related
—
May 8, 2008
—
Florida Mall Properties INC
Ramphal,motielal
Warranty Deed
related
—
Jun 7, 2007
—
Motielal Ramphal
New Alliance Ents INC
Warranty Deed
related
—
Nov 27, 2006
—
Motielal Ramphal
New Alliance Ents INC
Warranty Deed
related
—
Oct 23, 2006
—
Carvalho Family Trust
New Alliance Ents INC
Warranty Deed
related
—
Aug 21, 2006
—
Carvalho Family Trust
New Alliance Ents INC
Warranty Deed
related
—
Apr 3, 2006
$235,000
Natacha Milfort
New Alliance Ents INC
Warranty Deed
related
$169,000 · Sf Partners Mortgage LLC
Apr 1, 2006
—
Alliance En New
Baldwin Office
Warranty Deed
related
—
Aug 8, 2005
—
Baldwin Office
New Alliance En
Warranty Deed
related
—
Apr 6, 2005
$3,200,000
New Alliance Enterprises INC
Archway Inn Partnership Of Orlando
Special Warranty Deed
$3,000,000 · First Florida Bank
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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