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Property profile & analytics
OFF-MARKET
Estimated value
$3,345,000
Retail space
2132 Central Florida Pkwy Orlando, FL 32837-8978
Individually Owned
10-yr Hold
Free & Clear
Property ID
US18-3344168
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
16,615 SF
Lot
2.78 ac (120,947 SF)
Zoning code
P-D
APN
10-24-29-6722-00-020
UPID
US18-3344168
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
-
International Beauty Academies Vocational School Training Center
-
Casty’s Nails Nail Salon
-
Isabella's Studio Hair Salon Nail Salon
-
ECOKLEAN WATER SYSTEMS Department Store
-
BLOOM ACADEMY Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
Shoppes Of Ctrl Florida Parkway L · 10 yrs held
Shoppes Of Ctrl Florida Parkway L
since 2015
3 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.5M
+31.2%
Office building
$5.4M
+27.3%
Commercial (general)
$5.0M
+18.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,225,000
Current use
AUTO REPAIR, GARAGE
$5,540,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$5,380,000
Change: +27% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,985,000
Change: +18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,895,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,455,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.35M
Range $3.01M – $3.68M · ±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
$201 / 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
$57,435
Tax year 2023
Assessed value
$4,337,126
Assessed 2023
Previous assessed
$4,061,236
+6.8% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,101,827
Assessed improvement
$3,235,299
Land market value
$1,101,827
Improvement market value
$3,235,299
Total market value
$4,337,126
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
2007
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
29
Total area
16,615 SF
Lot
2.78 ac (120,947 SF)
Zoning code
P-D
APN
10-24-29-6722-00-020
UPID
US18-3344168
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
RETAIL STORES Current
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.5M
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
29
Lot
2.78 ac
Current owner
From public records · entity-resolved
Shoppes Of Ctrl Florida Parkway L
Individual
Free & Clear · 10 yrs held
Mailing address
8842 ELLIOTTS CT, ORLANDO, FL 32836-5027
Ownership since
2015
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
Nov 3, 2015
$3,425,000
Shoppes Of Ctrl Florida Parkway L
Eagle Fl III Spe LLC
Grant Deed
—
Jun 24, 2015
—
Eagle Fl III Spe LLC
Chalifoux Thomas E JR Coc
Trustees Deed
related
—
Nov 23, 2004
$1,400,000
Central Fl Parkway Inv LLC
Barley,george M JR
Grant Deed
$910,000 · Colonial 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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