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Property profile & analytics
OFF-MARKET
Warehouses
18498 Colonial Dr Orlando, FL 32820-2935
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0747066
Property summary
AI-generated overview
This vacant, 1,080-square-foot warehouse presents a compelling investment opportunity in Orlando, Florida. Situated on a substantial 3.61-acre lot, the property boasts 320 feet of frontage on East Colonial Drive and 226 feet on County Road 13, offering significant visibility and accessibility. Built in 2002, this single-story Class C warehouse is zoned C2, allowing for a variety of commercial uses. The property includes an existing metal building with office and bathroom facilities. Its strategic location provides convenient access to major roadways including the 408, 417, 528, and I-95, ensuring excellent connectivity throughout the Orlando area. The asking price is $2,500,000, representing a fee simple ownership. The high average daily traffic count of 29,672 on East Colonial Drive further enhances the property's commercial potential. This versatile property is ideal for various uses, including leasing space, RV/trailer parking, outdoor storage, or new construction. The substantial lot size and prime location make this an exceptional investment prospect.
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2002
Total area
1,080 SF
Lot
0.91 ac (39,640 SF)
Zoning code
C-3
APN
22-22-32-0712-10-054
UPID
US19-0747066
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
-
KCS Tractors, Inc Big Box & Wholesale Store Agricultural Supply
-
Wal auto Sales Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Massari Ents LLC · 20 yrs held
Massari Ents LLC
since 2006
1 recorded transaction
Zoning & alternative use
C-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,096
Tax year 2023
Assessed value
$200,307
Assessed 2023
Previous assessed
$191,031
+4.9% YoY
Effective rate
1.55%
On assessed value
Assessed land
$181,155
Assessed improvement
$19,152
Land market value
$181,155
Improvement market value
$19,152
Total market value
$200,307
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
1,080 SF
Lot
0.91 ac (39,640 SF)
Zoning code
C-3
APN
22-22-32-0712-10-054
UPID
US19-0747066
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Orlando, FLZoning C-3 · permitted uses
C-3 · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Massari Ents LLC
Entity
Mailing address
10912 AUTUMN SONG CT, ORLANDO, FL 32825-7426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Jun 6, 2006
$1,125,000
Massari Ents LLC
Justus,richard W
Warranty Deed
$900,000 · Amsouth Bank
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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