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Property profile & analytics
OFF-MARKET
Estimated value
$3,045,000
Office buildings
1788 Fairbanks Ave Winter Park, FL 32789-4681
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-0168887
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Total area
7,645 SF
Lot
0.44 ac (19,338 SF)
Zoning code
C-3
APN
12-22-29-5000-04-011
UPID
US18-0168887
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
-
Florida Pulmonary Consultants Physician
-
Florida Pulmonary Consultants: Principe-Rodri Karem MD Physician
-
Florida Premier Research Institute Physician
-
Dr. Faisal A. Fakih, MD Physician
-
Flourish Research - Orlando Research Institute Medical Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.30M
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$3.05M
Owner & transaction history
Anafais Holdings LLC · 4 yrs held
Anafais Holdings LLC
since 2022
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
C-3 · Winter Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+19.5%
Commercial (general)
$3.4M
+9.5%
Industrial (general)
$3.2M
+2.5%
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 Winter Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Park 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
$3,385,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
$2,030,000
6.5%
$1,875,000
7%
$1,740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,100,000
Current use
RESTAURANT
$3,705,000
Change: +19% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,395,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,175,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,570,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.05M
Range $2.74M – $3.35M · ±10% · vs last sale $2.90M (Jan 3 2022)
Last sale anchor
$2.90M
Jan 3 2022
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
$398 / 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
$27,918
Tax year 2023
Assessed value
$1,771,709
Assessed 2023
Previous assessed
$1,683,556
+5.2% YoY
Effective rate
1.58%
On assessed value
Assessed land
$676,821
Assessed improvement
$1,094,888
Land market value
$676,821
Improvement market value
$1,094,888
Total market value
$1,771,709
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
Status
Off-Market
Year built
1952
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
31
Total area
7,645 SF
Lot
0.44 ac (19,338 SF)
Zoning code
C-3
APN
12-22-29-5000-04-011
UPID
US18-0168887
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Winter Park, FL
Zoning C-3 · permitted uses
C-3 · Winter Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winter Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.1M
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1952
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
31
Lot
0.44 ac
Current owner
From public records · entity-resolved
Anafais Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1960 ALAQUA DR, LONGWOOD, FL 32779-3103
Ownership since
2022
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
Jan 3, 2022
$2,900,000
Anafais Holdings LLC
Providence Of Central Florida Ltd
Warranty Deed
—
Aug 1, 2013
—
Providence Of Ctrl Florida Ltd
F & G Acquisitions LLC
Grant Deed
$1,450,000 · First United Bank
Jan 28, 2003
$800,000
F&g LLC
Mittleman,joel
Grant Deed
—
Mar 23, 1999
$217,000
Robert Mittleman
Fairbanks Inn INC
Quit Claim Deed
related
—
Feb 4, 1998
$223,800
Fairbanks Inn INC
Mittleman,robert
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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