Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    161 Wetherbee Rd Orlando, FL 32824-7737
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    161 Wetherbee Rd Orlando, FL 32824-7737

    View on Map
    • Warehouses
    • 3,862 SF
    • 0.59 lot acres
    Off-Market
    Property ID
    US18-7241629
    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

    • MCO Notary Professionals / Law Firm
    • MCO ELITE - Towing, Transport, Recovery / Trucking Company

    Property Details for 161 Wetherbee Rd

    Year built
    2021
    Lot size
    0.59 lot acres
    Property size
    3,862 SF
    Zone code
    C-3
    Property type
    Warehouses
    APN
    13-24-29-7268-00-631
    APU
    132429726800631

    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
    -81.3745
    Latitude
    28.4011
    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
    $11,441
    $107,480
    $630,247
    $737,727
    -
    $107,480
    $630,247
    $737,727

    Comparable in this City

    • Value Estimation
      $1,100,000
      12,750 SF

      349 Zell Dr

      WAREHOUSE, STORAGE • 12,750 SF
      349 Zell Dr, Orlando, FL 32824-7622
      View Details
    • Value Estimation
      $1,745,000
      20,664 SF

      851 Jetstream Dr

      WAREHOUSE, STORAGE • 20,664 SF
      851 Jetstream Dr, Orlando, FL 32824-7109
      View Details
    • Value Estimation
      $1,075,000
      7,244 SF

      11112 Boggy Crk Rd

      WAREHOUSE, STORAGE • 7,244 SF
      11112 Boggy Crk Rd, Orlando, FL 32824-7415
      View Details
    • Value Estimation
      $855,000
      9,661 SF

      707 Taft Vineland Rd

      WAREHOUSE, STORAGE • 9,661 SF
      707 Taft Vineland Rd, Orlando, FL 32824-8010
      View Details
    • Value Estimation by Request
      4,999 SF

      358 Thorpe Rd

      WAREHOUSE, STORAGE • 4,999 SF
      358 Thorpe Rd, Orlando, FL 32824-8135
      View Details
    • Value Estimation
      $645,000
      5,972 SF

      931 Thorpe Rd

      WAREHOUSE, STORAGE • 5,972 SF
      931 Thorpe Rd, Orlando, FL 32824-8018
      View Details

    Similar Nearby for Sale

    • $4,500,000
      24,000 SF

      24,000 SF Industrial Property

      Industrial property with office space and four dock-high doors.
      11497 Rocket Blvd, Orlando, FL 32824
      View Details
    • Contact for pricing

      Orlando Industrial Site For Sale

      1.43 AC heavy industrial site with warehouse/office. Mechanics license.
      2100 4Th St, Orlando, FL 32824
      View Details
    • Contact for pricing

      Orlando Warehouse with Outdoor Storage

      24,000 SF warehouse with short term lease, outdoor storage.
      10303 General Dr, Orlando, FL 32824
      View Details
    • $2,050,000

      Orlando Heavy Industrial Site

      1.43-acre heavy industrial site with warehouse and office trailer.
      2100 4Th St, Orlando, FL 32824
      View Details
    • Contact for pricing

      Orange County Industrial Facility

      60,000 SF industrial facility with secured outdoor storage.
      603 Central Florida Pkwy, Orlando, FL 32824
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Industrial Building with Front Load

      152,240 SF industrial building featuring front loading capabilities.
      1125 Gills Dr, Orlando, FL 32824
      View Details
    • Contact for pricing
      24,000 SF

      Warehouse Space with Outdoor Storage

      24,000 SF warehouse with short-term lease and outdoor storage.
      10303 General Dr, Orlando, FL 32824
      View Details
    • Contact for pricing
      42,491 SF

      Orlando Warehouse Space Available

      42,491 SF warehouse space for lease in Orlando.
      10801 Central Port Dr, Orlando, FL 32824
      View Details
    • Contact for pricing

      Orlando Warehouse Space Available

      Warehouse space available for rent in Orlando, Florida.
      9864 Air Commerce Pkwy, Orlando, FL 32824
      View Details
    • Contact for pricing

      Orlando Industrial Building For Lease

      Institutional tilt wall building in South East Orlando industrial market.
      350 Gills Dr, Orlando, FL 32824
      View Details
    • Contact for pricing

      Warehouse with Truck Court Depth

      Warehouse featuring 40' column spacing and 120' truck court.
      1500 Tradeport Dr, Orlando, FL 32824
      View Details
    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.
    161 Wetherbee Rd
    Orlando, FL 32824-7737
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!