Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Retail space
1607 Orlando Ave Maitland, FL 32751-6420
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4877611
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
9,480 SF
Lot
1.81 ac (78,711 SF)
Zoning code
DM
APN
36-21-29-9408-00-240
UPID
US18-4877611
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
-
Resharp Sharpening Service
-
Maitland Ace Hardware Building Supply Hardware & Home Improvement
-
KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
$2.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Wdah LLC · 6 yrs held
Wdah LLC
since 2020
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
DM · Maitland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the DM Downtown Maitland zone district is to implement the comprehensive development plan and Downtown Maitland Master Plan by providing lands that accommodate downtown Maitland as the center of commerce, government, entertainment, and culture in the City.
Zone name
Downtown Maitland
General category
CIVIC_INSTITUTIONAL
Zone area
162.58 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$3.9M
+56.0%
Commercial (general)
$3.3M
+29.1%
Auto repair, garage
$3.2M
+26.2%
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 Maitland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maitland 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
$2,805,000
ML approach
$2,775,000
CAP Approach
CAP Return
Estimation
6%
$3,105,000
6.5%
$2,865,000
7%
$2,660,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,525,000
Current use
INDUSTRIAL (GENERAL)
$3,940,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,260,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,185,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$2,580,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.34M (Mar 9 2020)
Last sale anchor
$2.34M
Mar 9 2020
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
$277 / 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
$36,866
Tax year 2023
Assessed value
$2,278,028
Assessed 2023
Previous assessed
$2,207,526
+3.2% YoY
Effective rate
1.62%
On assessed value
Assessed land
$1,487,638
Assessed improvement
$790,390
Land market value
$1,487,638
Improvement market value
$790,390
Total market value
$2,278,028
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
4
Total area
9,480 SF
Lot
1.81 ac (78,711 SF)
Zoning code
DM
APN
36-21-29-9408-00-240
UPID
US18-4877611
Jurisdiction
ORANGE
Zoning & alternative use
DM · Maitland, FLZoning DM · permitted uses
DM · Maitland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the DM Downtown Maitland zone district is to implement the comprehensive development plan and Downtown Maitland Master Plan by providing lands that accommodate downtown Maitland as the center of commerce, government, entertainment, and culture in the City.
Zone name
Downtown Maitland
General category
CIVIC_INSTITUTIONAL
Zone area
162.58 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Lot
1.81 ac
Current owner
From public records · entity-resolved
Wdah LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1415 N ATLANTIC AVE, COCOA BEACH, FL 32931-3204
Ownership since
2020
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
Mar 9, 2020
$2,342,000
Wdah LLC
Maitland 1792 Investors LLC
Grant Deed
—
Feb 27, 2017
$2,100,000
Maitland 1792 Investors LLC
Rcj Of Winter Park No2 Ltd
Special 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1607 Orlando Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
