New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Office buildings
21 Park Lk St 102, Orlando, FL 32803-3801
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1127335
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Total area
4,966 SF
Lot
0.11 ac (4,943 SF)
Zoning code
AC-3A/T
APN
23-22-29-0001-01-030
UPID
US18-1127335
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
-
The Law Office of Corey I. Cohen & Associates Law Firm
-
RobinsonBush Inc Consultant Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$1.67M
Owner & transaction history
Cohen Real Estate Investments LLC · 4 yrs held
Cohen Real Estate Investments LLC
since 2021
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
AC-3A/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+7.1%
Commercial (general)
$1.6M
+5.8%
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 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
$1,805,000
ML approach
$1,915,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,520,000
7%
$1,415,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,545,000
Current use
AUTO REPAIR, GARAGE
$1,655,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,635,000
Change: +6% · Conversion: Easy
RETAIL STORES
$1,340,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.55M (Jul 27 2021)
Last sale anchor
$1.55M
Jul 27 2021
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
$336 / 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
$27,935
Tax year 2023
Assessed value
$1,489,800
Assessed 2023
Previous assessed
$1,315,990
+13.2% YoY
Effective rate
1.88%
On assessed value
Assessed land
$297,960
Assessed improvement
$1,191,840
Land market value
$297,960
Improvement market value
$1,191,840
Total market value
$1,489,800
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Units
1
Rooms
12
Total area
4,966 SF
Lot
0.11 ac (4,943 SF)
Zoning code
AC-3A/T
APN
23-22-29-0001-01-030
UPID
US18-1127335
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T · Orlando, FL
Zoning AC-3A/T · permitted uses
AC-3A/T · 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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
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
2006
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
12
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cohen Real Estate Investments LLC
Entity
Mailing address
21 PARK LK ST, ORLANDO, FL 32803-3801
Ownership since
2021
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
Jul 27, 2021
$1,550,000
Cohen Real Estate Investments LLC
Robus LLC
Special Warranty Deed
$782,000 · Citizens Bank Of Florida
Jul 11, 2008
$1,200,000
Robus LLC
Carmen Dominguez LLC
Special Warranty Deed
$750,000 · Suntrust Bank
Mar 20, 2007
—
Cooper Dev LLC
Carmen Dominguez LLC
Quit Claim Deed
related
—
Nov 10, 2006
$1,160,800
Carmen Dominguez LLC
801 North Orange LLC
Grant Deed
$1,114,000 · R-g Crown Bank
—
—
Robus LLC
—
Deed Of Trust
related
$741,000 · Regions Bank
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 21 Park Lk St, Unit 102?
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.
