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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Retail space
1620 Orange Ave Orlando, FL 32804-6412
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-3914964
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
5,390 SF
Lot
0.51 ac (22,172 SF)
Zoning code
MU-2/T/SP
APN
24-22-29-8336-01-070
UPID
US18-3914964
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
-
Maxtro's Restaurant
-
Yene Romay Ethiopian Kitchen (Food Truck) Food Processing Plant
-
Mafer Eats Restaurant Take-out & Catering
-
Dora Mae Jewelry (Bike/Boat/Book/etc) Store
-
Chic Rustique Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$985k
Owner & transaction history
Ddmf2 LLC · 7 yrs held
Ddmf2 LLC
since 2018
1 recorded transaction
Zoning & alternative use
MU-2/T/SP · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
High Intensity Mixed Use Corridors Traditional City Specially Planned Area
General category
MIXED_USE
Zone area
39.18 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.5M
+23.0%
Industrial (general)
$1.3M
+4.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,210,000
Current use
COMMERCIAL (GENERAL)
$1,485,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,265,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,015,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$183 / 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
$18,865
Tax year 2023
Assessed value
$1,025,287
Assessed 2023
Previous assessed
$950,263
+7.9% YoY
Effective rate
1.84%
On assessed value
Assessed land
$466,277
Assessed improvement
$559,010
Land market value
$466,277
Improvement market value
$559,010
Total market value
$1,025,287
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
1946
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Rooms
9
Total area
5,390 SF
Lot
0.51 ac (22,172 SF)
Zoning code
MU-2/T/SP
APN
24-22-29-8336-01-070
UPID
US18-3914964
Jurisdiction
ORANGE
Zoning & alternative use
MU-2/T/SP · Orlando, FLZoning MU-2/T/SP · permitted uses
MU-2/T/SP · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
High Intensity Mixed Use Corridors Traditional City Specially Planned Area
General category
MIXED_USE
Zone area
39.18 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1946
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
9
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ddmf2 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1620 N ORANGE AVE, ORLANDO, FL 32804-6412
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
$1,000,000
Ddmf2 LLC
A & T Antiques INC
Grant 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.
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