Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1601 W Colonial Dr Orlando, FL 32804
    Back to Search
    Property profile & analytics

    1601 W Colonial Dr, Orlando, FL 32804

    View on Map
    • Office buildings
    • 11,166 SF
    • 0.72 lot acres
    For Lease
    View Listing →
    Free Standing Office Building For Lease
    Contact for pricing
    10,794 SF

    Free Standing Office Building

    10,794 SF office building with 37 parking spaces.

    1601 W Colonial Dr, Orlando, FL
    View Listing
    Property ID
    US18-3708544
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gasdick Stanton Early, PA / Law Firm
    • FedEx Drop Box / Postal Service / Courier Service
    • Cancer Memorials & Trust Info / Medical Clinic / Hospital

    Property Details for 1601 W Colonial Dr

    Year built
    1982
    Lot size
    0.72 lot acres
    Zone code
    O-1/T
    Property type
    Office buildings
    APN
    22-22-29-1784-04-010
    APU
    222229178404010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 2, 2026 $3,500,000 1601 Nunez Rei LLC S&g Acquisitions LLC Warranty Deed $2.8M · Bank Of The Ozarks
    Apr 13, 2021 — Wyndham Vacation Resorts INC Frances A Brathwaite Trustees Deed · related —
    Aug 12, 2013 $950,000 S&g Acquisitions LLC American Cancer Society INC Warranty Deed $808k · Cnlbank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4021
    Latitude
    28.5532
    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
    $20,960
    $262,815
    $917,878
    $1,180,693
    -
    $262,815
    $917,878
    $1,180,693

    Comparable in this City

    • Value Estimation
      $1,415,000
      4,018 SF

      1005 Delridge Ave

      OFFICE BUILDING
      1005 Delridge Ave, Orlando, FL 32804-3560
      View Details
    • Value Estimation
      $4,145,000
      14,676 SF

      1411 Edgewater Dr

      OFFICE BUILDING (MULTI-STORY)
      1411 Edgewater Dr, Orlando, FL 32804-6321
      View Details
    • Value Estimation
      $1,635,000
      5,205 SF

      4529 Edgewater Dr

      PROFESSIONAL BUILDING
      4529 Edgewater Dr, Orlando, FL 32804-1119
      View Details
    • Value Estimation
      $3,935,000
      14,398 SF

      2320 Orange Ave

      PROFESSIONAL BUILDING
      2320 Orange Ave, Orlando, FL 32804-5506
      View Details
    • Value Estimation
      $5,555,000
      14,808 SF

      120 Par St

      PROFESSIONAL BUILDING
      120 Par St, Orlando, FL 32804-3943
      View Details
    • Value Estimation
      $965,000
      3,582 SF

      2300 Orange Ave

      PROFESSIONAL BUILDING
      2300 Orange Ave, Orlando, FL 32804-5511
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,462 SF

      Renovated Office Building in Orlando

      Fully renovated office building in downtown Orlando with parking.
      733 W Colonial Dr, Orlando, FL 32804
      View Details
    • $1,550,000

      Medical Building Near AdventHealth Campus

      Free-standing medical building near AdventHealth Downtown Campus.
      311 E Evans St, Orlando, FL 32804
      View Details
    • Contact for pricing

      Prime Orlando Commercial Buildings

      Three buildings with frontage on Orange Avenue in Health Village.
      2008 N Orange Ave, Orlando, FL 32804
      View Details
    • Contact for pricing
      49,104 SF

      Prime Location on Orange Avenue

      Three buildings with frontage on Orange Avenue, renovated in 2017/2022.
      2000 N Orange Ave, Orlando, FL 32804
      View Details
    • Contact for pricing
      900 SF

      Boutique Office Building in College Park

      Boutique office building in College Park neighborhood.
      801 Vassar St, Orlando, FL 32804
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,794 SF

      Free Standing Office Building

      10,794 SF office building with 37 parking spaces.
      1601 W Colonial Dr, Orlando, FL 32804
      View Details
    • Contact for pricing

      Downtown Office Building For Rent

      Downtown Orlando office building near UCF and Creative Village.
      517 W Colonial Dr, Orlando, FL 32804
      View Details
    • Contact for pricing
      6,595 SF

      Three-Story Office Building Near I-4

      72,214 SF office building with I-4 access and visibility.
      604 Courtland St, Orlando, FL 32804
      View Details
    • $25 SF/Yr

      Office Space Near Lake Ivanhoe

      Office space with easy access to major highways.
      1700 N Orange Ave, Orlando, FL 32804
      View Details
    • Contact for pricing
      3,716 SF

      Medical Office Space Available

      Medical office space for rent with excellent visibility.
      318 E Hazel St, Orlando, FL 32804
      View Details
    View Listing
    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.
    1601 W Colonial Dr
    Orlando, FL 32804
    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

    Thank You for Inquiry
    1601 W Colonial Dr, Orlando, FL, 32804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!