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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Retail space
1850 Fairbanks Ave Winter Park, FL 32789-4559
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5252394
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
4,352 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C-3
APN
12-22-29-6172-02-030
UPID
US18-5252394
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
-
RealPro77 Real Estate Agency
-
Medi-Weightloss Winter Park Wellness Center Weight Loss Service
-
Brittney Lopez Candle Shop Home Decor Store
-
Lundonnewyork Barber Shop
-
Members Only Chop Shop (We Moved to Downtown Location) Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$971k
Blend (final)
Blend
$1.36M
Owner & transaction history
1850w Fairbanks LLC · 3 yrs held
1850w Fairbanks LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C-3 · Winter Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+45.1%
Office building
$1.8M
+32.5%
Auto repair, garage
$1.5M
+9.8%
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
$1,290,000
ML approach
$1,385,000
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,330,000
Current use
COMMERCIAL (GENERAL)
$1,930,000
Change: +45% · Conversion: Easy
OFFICE BUILDING
$1,765,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,465,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $1.40M (May 9 2023)
Last sale anchor
$1.40M
May 9 2023
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
$313 / 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
$13,847
Tax year 2023
Assessed value
$853,255
Assessed 2023
Previous assessed
$828,123
+3.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$472,982
Assessed improvement
$380,273
Land market value
$472,982
Improvement market value
$380,273
Total market value
$853,255
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
11
Total area
4,352 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C-3
APN
12-22-29-6172-02-030
UPID
US18-5252394
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
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
11
Lot
0.32 ac
Current owner
From public records · entity-resolved
1850w Fairbanks LLC
Entity
Mailing address
9731 CHESTNUT RDG DR, WINDERMERE, FL 34786-8945
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2023
$1,400,000
1850w Fairbanks LLC
Victory Martial Arts INC
Special Warranty Deed
—
Nov 12, 2018
—
Victory Martial Arts INC
—
Deed
related
$60,000 · Winter Park National Bank
Oct 12, 2017
—
Victory Martial Arts INC
—
Deed
related
—
Feb 8, 2017
—
Victory Martial Arts INC
—
Deed
related
$3,700,000 · Branch Bk&tr
Aug 10, 2016
—
Victory Martial Arts INC
—
Deed
related
$100,000 · First Green Bank
Feb 23, 2004
$647,000
Victory Martial Arts INC
Wash,john M & Deen D
Grant Deed
$500,000 · First Commercial Bank
Nov 21, 2002
$435,000
John M Wash
Mcdonnell,donald L
Grant Deed
$427,500 · Riverside Bank Of Central Fl
Jan 7, 1997
$256,700
Donald L Mcconnell
Saullo,james W
Grant Deed
$225,000 · Barnett Bank
—
—
Victory Martial Arts INC
—
Deed Of Trust
related
$590,000 · First Green Bank
—
—
Victory Martial Arts INC
—
Deed Of Trust
related
$600,000 · Winter Pk Nat'l Bk
—
—
Victory Martial Arts INC
—
Deed Of Trust
related
$3,700,000 · Branch Bk&tr
—
—
Victory Martial Arts INC
—
Deed Of Trust
related
$100,000 · First Green Bk
—
—
Victory Martial Arts INC
—
Loan Modification
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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