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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Office buildings
214 Marks St Orlando, FL 32803-3819
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4862745
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1954
Total area
7,058 SF
Lot
0.69 ac (30,080 SF)
Zoning code
MXD-2/T
APN
24-22-29-8484-00-210
UPID
US18-4862745
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
-
Orlando Eye Center Institute Of Technology
-
Jack Yager, OD Physician
-
Medical City Physician
-
Lifeskills Orlando Outpatient Physician
-
Yaker Jack OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Sbn V Reo LLC · 6 yrs held
Sbn V Reo LLC
since 2019
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
MXD-2/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Medium Intensity Mixed Residential Office Traditional City
General category
MIXED_USE
Zone area
43.80 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$2.4M
+7.1%
Commercial (general)
$2.3M
+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
$1,900,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
$2,345,000
6.5%
$2,165,000
7%
$2,010,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,200,000
Current use
AUTO REPAIR, GARAGE
$2,355,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,325,000
Change: +6% · Conversion: Easy
RETAIL STORES
$1,905,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.41M (Apr 16 2020)
Last sale anchor
$1.41M
Apr 16 2020
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
$269 / 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
$31,576
Tax year 2023
Assessed value
$1,579,610
Assessed 2023
Previous assessed
$1,644,753
-4.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$843,443
Assessed improvement
$736,167
Land market value
$843,443
Improvement market value
$736,167
Total market value
$1,579,610
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
1954
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
24
Total area
7,058 SF
Lot
0.69 ac (30,080 SF)
Zoning code
MXD-2/T
APN
24-22-29-8484-00-210
UPID
US18-4862745
Jurisdiction
ORANGE
Zoning & alternative use
MXD-2/T · Orlando, FLZoning MXD-2/T · permitted uses
MXD-2/T · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Medium Intensity Mixed Residential Office Traditional City
General category
MIXED_USE
Zone area
43.80 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
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
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
24
Lot
0.69 ac
Current owner
From public records · entity-resolved
Sbn V Reo LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3208 E COLONIAL DRC, ORLANDO, FL 32803-5127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 16, 2020
—
Kslb LLC
—
Deed
related
$1,128,000 · Jp Morgan Chase Bk
Oct 18, 2019
$100
Sbn V Reo LLC
Rafael Coc Trespalacios
Trustees Deed
related
—
May 14, 2014
$1,300,000
Thmih INC
Marks Street LLC
Warranty Deed
$1,040,000 · Bank Of America
Apr 29, 2011
$1,070,000
Marks Street LLC
Lee,william C
Warranty Deed
$725,000 · Bank Of America
—
—
Kslb LLC
—
Deed Of Trust
related
$1,128,000 · Jp Morgan Chase Bk
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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