Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Office Spaces
189 Orange Ave Ste 2100s Orlando, FL 32801-3254
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1127067
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
8,470 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7157-21-000
UPID
US18-1127067
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
-
Daytona Lubricants Industrial Manufacturer Production Facility
-
There's A New Way Hospital
-
RadiusBlue (Bike/Boat/Book/etc) Store Corporate Office
-
Fortress Cyber Security IT Consulting Firm Tech Support Center
-
Gogo Charters Orlando Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.48M
CAP Approach
CAP
$2.60M
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$3.07M
Owner & transaction history
Debonaire Management Group LLC · 3 yrs held
Debonaire Management Group LLC
since 2023
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+57.9%
Commercial (general)
$3.0M
+13.7%
Auto repair, garage
$2.8M
+6.6%
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
$3,490,000
ML approach
$3,475,000
CAP Approach
CAP Return
Estimation
6%
$2,810,000
6.5%
$2,595,000
7%
$2,410,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,650,000
Current use
RESTAURANT
$4,185,000
Change: +58% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,015,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,825,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$2,155,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±10% · vs last sale $2.90M (Jun 8 2023)
Last sale anchor
$2.90M
Jun 8 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
$362 / 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
$34,725
Tax year 2023
Assessed value
$1,821,050
Assessed 2023
Previous assessed
$1,651,650
+10.3% YoY
Effective rate
1.91%
On assessed value
Assessed land
$364,210
Assessed improvement
$1,456,840
Land market value
$364,210
Improvement market value
$1,456,840
Total market value
$1,821,050
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
20
Total area
8,470 SF
Lot
0.08 ac (3,668 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7157-21-000
UPID
US18-1127067
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Zoning AC-3A/T/HP · permitted uses
AC-3A/T/HP · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2007
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
20
Lot
0.08 ac
Current owner
From public records · entity-resolved
Debonaire Management Group LLC
Entity
Mailing address
15879 BURCH IS CT, WINTER GARDEN, FL 34787-9469
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$2,900,000
Debonaire Management Group LLC
Adrian R Everett
Warranty Deed
$1,740,000 · Lv Lending II LLC
Jan 7, 2020
$2,700,000
Adrian R Everett
Rcs-plaza Office Condos LLC
Grant Deed
—
Aug 8, 2019
$6,867,500
Rcs-plaza Office Condos LLC
2p Investment LLC
Trustees Deed
$10,460,813 · Cibc Bk USA
Dec 19, 2018
—
Betria Financial Holdings LLC
Owner Name Unavailable
Affidavit Of Death
related
$7,500,000 · Bac Fl Bk
Aug 5, 2013
$9,301,450
2p Investment LLC
Plaza 49000 LLC
Grant Deed
$8,200,000 · C1 Bank
Dec 10, 2012
—
Plaza 49000 LLC
—
Grant Deed
related
$6,850,000 · Lex Vanhessen Hldg Bv
Oct 26, 2007
$14,150,000
Ljm Holdings Ll
Plaza Penthouse
Grant Deed
related
—
Mar 1, 2007
$10,035,800
Plaza Penthouse LLC
Plaza LLC
Grant Deed
related
$10,900,000 · Lehman Brothers Bank Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 189 Orange Ave Ste 2100s?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
