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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1759 Alabama Dr Winter Park, FL 32789-2648

    • Assisted living facilities
    • 2,687 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimations
    $400,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0859942
    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.

    Current Use by Public Records

    • Alabama Oaks Assisted Living / Assisted Living Facility
    • POOL NURSES / Pool Cleaning Service / Swimming Pool Repair Service

    Property Details for 1759 Alabama Dr

    Year built
    1925
    Lot size
    0.69 lot acres
    Property size
    2,687 SF
    Zone code
    R-1AA
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    05-22-30-8608-03-010
    APU
    52230860803010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $405,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $393,000
      Market price range: $56.3k - $394k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $625,000
      OFFICE BUILDING
      $465,000
      AUTO REPAIR, GARAGE
      $325,000
      RETAIL STORES
      $290,000
      WAREHOUSE, STORAGE
      $255,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.3392
    Latitude
    28.6103
    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
    $14,129
    $572,147
    $352,187
    $924,334
    -
    $572,147
    $352,187
    $924,334

    Comparable in this City

    • Value Estimation
      $325,000
      22,802 SF

      550 Morse Blvd

      HOMES (RETIRED, NURSING) • 22,802 SF
      550 Morse Blvd, Winter Park, FL 32789-4206
      View Details
    • Value Estimation by Request
      101,934 SF

      1501 Glendon Pkwy

      HOMES (RETIRED, NURSING) • 101,934 SF
      1501 Glendon Pkwy, Winter Park, FL 32789-1935
      View Details
    • Value Estimation
      $3,930,000
      31,113 SF

      909 Wymore Rd

      HOMES (RETIRED, NURSING) • 31,113 SF
      909 Wymore Rd, Winter Park, FL 32789-1769
      View Details
    • Value Estimation by Request
      1,300 SF

      1366 Gene St

      Office space • 1,300 SF
      1366 Gene St, Winter Park, FL 32789
      View Details
    • Value Estimation by Request
      45,000 SF

      913-957 Pennsylvania Ave

      Medical offices • 45,000 SF
      913-957 Pennsylvania Ave, Winter Park, FL 32789
      View Details
    • Value Estimation by Request
      5,242 SF

      1879-1887 Lee Rd

      Medical space • 5,242 SF
      1879-1887 Lee Rd, Winter Park, FL 32789
      View Details

    Similar Nearby for Sale

    • $1,500,000
      0.26 Acres

      Winter Park Commercial Land Opportunity

      Prime .26-acre C-3 zoned lot.
      379 Fairbanks Ave, Winter Park, FL 32789
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    • $480,000
      1,008 SF

      Winter Park Retail Opportunity

      Retail space in Winter Park with ample parking.
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    • Contact for pricing
      4,693 SF

      Retail Property in Winter Park

      Retail property available for sale in Winter Park, Florida.
      610 W Morse Blvd, Winter Park, FL 32789
      View Details
    • $2,599,000
      980 SF

      Winter Park Standalone Retail Building

      Well-managed building in Winter Park with access and frontage.
      609 W Fairbanks Ave, Winter Park, FL 32789
      View Details
    • $4,925,000
      10,000 SF

      Winter Park Freestanding Office Building

      10,000 SF Winter Park office building with modern renovation.
      2200 N Park Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Vacant Land

      Vacant land in Winter Park with ample parking available.
      2335 Temple Trl, Winter Park, FL 32789
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,960 SF

      Winter Park Medical Office Building

      Class A, 9,960 SF, New Construction
      1691 Lee Rd, Winter Park, FL 32789
      View Details
    • $22 SF/Yr
      21,000 SF

      Winter Park Medical Office Building

      Prime Medical Office Space in Winter Park, FL
      1400 Orlando Ave, Winter Park, FL 32789
      View Details
    • $10 SF/Yr
      14,000 SF

      Winter Park Office Suites

      Modern Office Space in Prime Location
      941 Morse Blvd, Winter Park, FL 32789
      View Details
    • $15,120 /Mo
      30,406 SF

      Winter Park Executive Office Suite

      Prime Winter Park Office Space Available
      1950 Lee Rd, Winter Park, FL 32789
      View Details
    • Contact for pricing
      34,182 SF

      Winter Park Office Building For Sale

      Prime Winter Park location, 3,623 sq ft available.
      398 Morse Blvd, Winter Park, FL 32789
      View Details
    • Contact for pricing
      4,728 SF

      Prime Retail Space in Winter Park

      Redeveloped office property with high visibility and ample parking.
      807 S Orlando Ave, Winter Park, FL 32789
      View Details
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    1759 Alabama Dr
    Winter Park, FL 32789-2648
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    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
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