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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Office buildings
1802 Alafaya Trl Orlando, FL 32826-4716
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5469579
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
11,546 SF
Lot
1.76 ac (76,620 SF)
Zoning code
P-O
APN
15-22-31-5748-02-010
UPID
US18-5469579
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
-
AD CREATIVE SOLUTIONS LLC Production Facility
-
La Chiefdom Recording Studio Recording Studio
-
Sierra Pacific Mortgage Loan Service Bank
-
Phocas Business Intelligence Software (Bike/Boat/Book/etc) Store Corporate Office
-
Maple Software LLC., (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$3.41M
Blend (final)
Blend
$2.69M
Owner & transaction history
Space 4 Less Storage LLC · 6 yrs held
Space 4 Less Storage LLC
since 2020
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
P-O · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+5.3%
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
$2,690,000
ML approach
$2,665,000
CAP Approach
CAP Return
Estimation
6%
$3,835,000
6.5%
$3,540,000
7%
$3,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,655,000
Current use
AUTO REPAIR, GARAGE
$3,850,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,465,000
Change: -5% · Conversion: Easy
RETAIL STORES
$2,935,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±10% · vs last sale $2.00M (Mar 11 2020)
Last sale anchor
$2.00M
Mar 11 2020
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
$233 / 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
$33,704
Tax year 2023
Assessed value
$2,180,405
Assessed 2023
Previous assessed
$2,062,914
+5.7% YoY
Effective rate
1.55%
On assessed value
Assessed land
$671,756
Assessed improvement
$1,508,649
Land market value
$671,756
Improvement market value
$1,508,649
Total market value
$2,180,405
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
2005
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
46
Total area
11,546 SF
Lot
1.76 ac (76,620 SF)
Zoning code
P-O
APN
15-22-31-5748-02-010
UPID
US18-5469579
Jurisdiction
ORANGE
Zoning & alternative use
P-O · Orlando, FLZoning P-O · permitted uses
P-O · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES
Est. value
$2.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
46
Lot
1.76 ac
Current owner
From public records · entity-resolved
Space 4 Less Storage LLC
Entity
Mailing address
2811 NORTHAMPTON AVE, ORLANDO, FL 32828-7912
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
$2,000,000
Space 4 Less Storage LLC
Sapep International LLC
Warranty Deed
$1,400,000 · Citadel Svcng Corp
Mar 20, 2008
—
Sapep International LLC
Nbfre II LLC
Quit Claim Deed
related
—
Oct 18, 2007
$3,336,000
Nbfre II LLC
Office Suites & Props INC
Grant Deed
—
Oct 12, 2004
$610,000
Office Suites & Props INC
Flowers Nola G
Warranty 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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