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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office buildings
185 Waymont Ct Lake Mary, FL 32746-6700
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US19-0393392
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
CONCRETE
Total area
3,000 SF
Lot
0.15 ac (6,375 SF)
APN
17-20-30-507-0000-0050
UPID
US19-0393392
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
-
Higley David A Law Firm
-
J Sterling's Wellness Spa - Lake Mary Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$790k
Owner & transaction history
Emf Of Winter Park INC · 7 yrs held
Emf Of Winter Park INC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$795,000
+23.4%
Neighborhood: shopping center
$665,000
+3.4%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
COMMERCIAL (GENERAL)
$795,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$570,000
Change: -12% · Conversion: Moderate
WAREHOUSE, STORAGE
$550,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$263 / 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
$9,641
Tax year 2023
Assessed value
$766,937
Assessed 2023
Previous assessed
$684,655
+12.0% YoY
Effective rate
1.26%
On assessed value
Land market value
$344,760
Improvement market value
$422,177
Total market value
$766,937
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
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,000 SF
Lot
0.15 ac (6,375 SF)
APN
17-20-30-507-0000-0050
UPID
US19-0393392
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
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
$645,000
COMMERCIAL (GENERAL)
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RETAIL STORES
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$550,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Emf Of Winter Park INC
Entity
Mailing address
2927 DELCREST DR, ORLANDO, FL 32817-1734
Ownership since
2018
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
Dec 10, 2018
$575,000
Emf Of Winter Park INC
Higley & Szabo Holdings LLC
Warranty Deed
$460,000 · Seacoast National Bank
Jan 9, 2009
$615,000
Higley & Szabo Holdings LLC
Aspen Wood Properties LLC
Warranty Deed
$465,000 · Regions Bank
May 13, 2004
$460,000
Wood P Aspen
Savard,tr
Grant Deed
$331,380 · Amsouth Bank
Jan 21, 1999
$49,400
Canal,john W
Sharp,bobby M
Trustees Deed
—
Jan 21, 1999
$145,000
Savard Family Trust
Waymont Development Corp
Trustees 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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