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Property profile & analytics
OFF-MARKET
Estimated value
$2,850,000
Office buildings
19108 Colonial Dr Orlando, FL 32820-3701
Entity Owned
15-yr Hold
Free & Clear
Property ID
US18-0221861
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2021
Total area
8,856 SF
Lot
1.36 ac (59,171 SF)
Zoning code
C-1
APN
26-22-32-0800-00-130
UPID
US18-0221861
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
-
Community Health Centers Medical Clinic
-
Dr. Kelly Martinkus Medical Clinic
-
Nazeeka Baksh Medical Clinic
-
Jocelyn Pichardo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.72M
Comparable Approach
Comparable
$3.68M
Blend (final)
Blend
$2.85M
Owner & transaction history
Community Health Center INC · 15 yrs held
Community Health Center INC
since 2011
3 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+56.1%
Auto repair, garage
$3.0M
+5.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,940,000
6.5%
$2,715,000
7%
$2,520,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,805,000
Current use
RESTAURANT
$4,375,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,955,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,660,000
Change: -5% · Conversion: Easy
RETAIL STORES
$2,250,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±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
$322 / 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
Assessed value
$2,243,382
Assessed 2023
Previous assessed
$2,486,666
-9.8% YoY
Assessed land
$200,649
Assessed improvement
$2,042,733
Land market value
$200,649
Improvement market value
$2,042,733
Total market value
$2,243,382
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Total area
8,856 SF
Lot
1.36 ac (59,171 SF)
Zoning code
C-1
APN
26-22-32-0800-00-130
UPID
US18-0221861
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Orlando, FL
Zoning C-1 · permitted uses
C-1 · 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
$2.8M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Lot
1.36 ac
Current owner
From public records · entity-resolved
Community Health Center INC
Entity
Free & Clear · 15 yrs held
Mailing address
110 S WOODLAND ST, WINTER GARDEN, FL 34787-3546
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2011
$280,000
Community Health Center INC
Nguyen,tan M
Warranty Deed
—
Dec 23, 2003
$190,000
Tan M Nguyen
Means,herbert W
Grant Deed
—
Dec 11, 2003
—
Herbert W Means
Means Lumber Co INC
Quit Claim Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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