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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Office buildings
1661 Sandspur Rd Maitland, FL 32751-6134
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4627607
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Total area
7,533 SF
Lot
1.17 ac (51,029 SF)
Zoning code
PD
APN
26-21-29-1243-00-020
UPID
US18-4627607
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
-
Eraclides Gelman Hall Indek Goodman, Waters & Traverso Law Firm
-
BB&T Burkey Risk Services Insurance Agency
-
Hall Susan Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.82M
Owner & transaction history
Lq Assets & Investments LLC · 1 yrs held
Lq Assets & Investments LLC
since 2025
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
PD · Maitland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+26.3%
Auto repair, garage
$2.5M
+23.5%
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
$1,475,000
ML approach
$1,515,000
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,845,000
7%
$1,715,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,050,000
Current use
COMMERCIAL (GENERAL)
$2,590,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,530,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$2,005,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10% · vs last sale $1.85M (Feb 7 2025)
Last sale anchor
$1.85M
Feb 7 2025
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
$241 / 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
$27,760
Tax year 2023
Assessed value
$1,715,308
Assessed 2023
Previous assessed
$1,888,783
-9.2% YoY
Effective rate
1.62%
On assessed value
Assessed land
$918,522
Assessed improvement
$796,786
Land market value
$918,522
Improvement market value
$796,786
Total market value
$1,715,308
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
11
Total area
7,533 SF
Lot
1.17 ac (51,029 SF)
Zoning code
PD
APN
26-21-29-1243-00-020
UPID
US18-4627607
Jurisdiction
ORANGE
Zoning & alternative use
PD · Maitland, FL
Zoning PD · permitted uses
PD · Maitland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maitland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Lot
1.17 ac
Current owner
From public records · entity-resolved
Lq Assets & Investments LLC
Entity
Mailing address
2030 BEE RDG RD, SARASOTA, FL 34239-6108
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
$1,850,000
Lq Assets & Investments LLC
Fdab Properties LLC
Warranty Deed
$1,480,000 · Fifth Third Bank NA
Sep 6, 2019
—
Fdab Properties LLC
—
Deed
related
$965,000 · Cogent Bank
Jul 11, 2014
$1,500,000
Fdab Properties LLC
Sandmore INC
Warranty Deed
$1,275,000 · Cnlbank
Dec 28, 2005
$854,900
Sandmore INC
Concord Management Ltd
Warranty Deed
—
Dec 28, 2005
—
Sandmore INC
Sandspur Housing Partners Ltd
Quit Claim Deed
related
—
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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