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Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Retail space
2124 Edgewater Dr Orlando, FL 32804-5318
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3706533
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
7,894 SF
Lot
0.27 ac (11,839 SF)
Zoning code
AC-1/T/W/SP/AR
APN
14-22-29-1460-03-240
UPID
US18-3706533
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
-
ITALY Pizzeria College Park Restaurant
-
Due Amici Pizzeria Restaurant
-
Due Amici Italian Restaurant and Wine Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.38M
CAP Approach
CAP
$2.39M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.36M
Owner & transaction history
Eg Holdings Edgewater LLC · 4 yrs held
Eg Holdings Edgewater LLC
since 2021
Last sale
$2.1M
6 recorded transactions
Zoning & alternative use
AC-1/T/W/SP/AR · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Community Activity Center Traditional City Wekiva Specially Planned Area Appearance Review
General category
UNKNOWN
Zone area
32.62 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$2.6M
+48.8%
Office building
$2.5M
+39.7%
Commercial (general)
$2.2M
+23.0%
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
$2,355,000
ML approach
$2,375,000
CAP Approach
CAP Return
Estimation
6%
$2,585,000
6.5%
$2,385,000
7%
$2,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,770,000
Current use
AUTO REPAIR, GARAGE
$2,635,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$2,475,000
Change: +40% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,175,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,850,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,490,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.36M
Range $2.12M – $2.59M · ±10% · vs last sale $2.10M (Sep 29 2021)
Last sale anchor
$2.10M
Sep 29 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
$298 / 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
$31,475
Tax year 2023
Assessed value
$1,703,982
Assessed 2023
Previous assessed
$1,652,972
+3.1% YoY
Effective rate
1.85%
On assessed value
Assessed land
$410,230
Assessed improvement
$1,293,752
Land market value
$410,230
Improvement market value
$1,293,752
Total market value
$1,703,982
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
1955
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
12
Total area
7,894 SF
Lot
0.27 ac (11,839 SF)
Zoning code
AC-1/T/W/SP/AR
APN
14-22-29-1460-03-240
UPID
US18-3706533
Jurisdiction
ORANGE
Zoning & alternative use
AC-1/T/W/SP/AR · Orlando, FLZoning AC-1/T/W/SP/AR · permitted uses
AC-1/T/W/SP/AR · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Community Activity Center Traditional City Wekiva Specially Planned Area Appearance Review
General category
UNKNOWN
Zone area
32.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
12
Lot
0.27 ac
Current owner
From public records · entity-resolved
Eg Holdings Edgewater LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4767 NEW BROAD ST, ORLANDO, FL 32814-6405
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$2,100,000
Eg Holdings Edgewater LLC
Hugh J Jones JR LLC
Special Warranty Deed
—
May 9, 2017
—
Hugh J Jones JR LLC
Jones Hugh J Trust 1
Quit Claim Deed
related
$629,722 · Iberiabank
Dec 10, 2015
—
Hugh J Jones JR LLC
Jones,hugh J JR
Quit Claim Deed
related
—
—
—
Jones Hugh J Trust No 1
—
Loan Modification
related
$700,000 · Old Fl Bk
—
—
Jones,tr
—
Deed Of Trust
related
$75,000 · United Heritage Bank
—
—
Jones Hugh J Trust 1
—
Deed Of Trust
related
$400,000 · Old Florida 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.
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