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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Parking lots & garages
1900 Jetport Dr Belle Isle, FL 32809-7824
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5250676
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
36.39 ac (1,585,149 SF)
Zoning code
I-2
APN
31-23-30-0000-00-015
UPID
US18-5250676
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Legacy Land LLC · 24 yrs held
Legacy Land LLC
since 2001
2 recorded transactions
Zoning & alternative use
I-2 · Belle Isle, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-2 industrial district is composed of those lands and structures which, by their use and location are adaptable to the conduct of general industrial activity
Zone name
Industrial
General category
INDUSTRIAL
Zone area
85.43 ac
Source
Realmo
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 Belle Isle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belle Isle 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
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
—
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
$19,186
Tax year 2023
Assessed value
$1,805,007
Assessed 2023
Previous assessed
$1,727,425
+4.5% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,631,291
Assessed improvement
$173,716
Land market value
$1,631,291
Improvement market value
$173,716
Total market value
$1,805,007
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
36.39 ac (1,585,149 SF)
Zoning code
I-2
APN
31-23-30-0000-00-015
UPID
US18-5250676
Jurisdiction
ORANGE
Zoning & alternative use
I-2 · Belle Isle, FLZoning I-2 · permitted uses
I-2 · Belle Isle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-2 industrial district is composed of those lands and structures which, by their use and location are adaptable to the conduct of general industrial activity
Zone name
Industrial
General category
INDUSTRIAL
Zone area
85.43 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
36.39 ac
Current owner
From public records · entity-resolved
Legacy Land LLC
Entity
Free & Clear · 24 yrs held
Mailing address
2300 JETPORT DR, ORLANDO, FL 32809-7800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2001
—
Legacy Land LLC
Forness & Co Pa
Quit Claim Deed
related
—
Jul 25, 2000
$1,225,000
Legacy Land LLC
Angelo's Aggregate Materials
Grant 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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