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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Warehouses
2220 Hempel Ave Gotha, FL 34734-4900
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3668021
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Total area
7,086 SF
Lot
1.79 ac (77,972 SF)
Zoning code
RSTD C-1
APN
33-22-28-3100-13-200
UPID
US18-3668021
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
-
Jazzercise Gotha Gym & Fitness Center
-
TMAC Martial Arts & Ninja-Kid Warrior Training Center Sports School
-
Bollywood Dance Academy Training Center
-
Nannette's Inc. Ballroom Dance Training Center
-
City West Church of Christ Orlando Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$760k
Owner & transaction history
2220 Hempel Road LLC · 10 yrs held
2220 Hempel Road LLC
since 2016
4 recorded transactions
Zoning & alternative use
RSTD C-1 · Gotha, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gotha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gotha 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
$635,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$107 / 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
$16,922
Tax year 2023
Assessed value
$1,094,708
Assessed 2023
Previous assessed
$1,025,681
+6.7% YoY
Effective rate
1.55%
On assessed value
Assessed land
$225,988
Assessed improvement
$868,720
Land market value
$225,988
Improvement market value
$868,720
Total market value
$1,094,708
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
3
Total area
7,086 SF
Lot
1.79 ac (77,972 SF)
Zoning code
RSTD C-1
APN
33-22-28-3100-13-200
UPID
US18-3668021
Jurisdiction
ORANGE
Zoning & alternative use
RSTD C-1 · Gotha, FLZoning RSTD C-1 · permitted uses
RSTD C-1 · Gotha, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Lot
1.79 ac
Current owner
From public records · entity-resolved
2220 Hempel Road LLC
Entity
Free & Clear · 10 yrs held
Mailing address
7512 DR PHILLIPS BLVD STE 50-702, ORLANDO, FL 32819-5420
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2016
—
2220 Hempel Road LLC
Otto,sarah L
Grant Deed
related
—
Mar 21, 2016
—
2220 Hempel Road LLC
Otto,sarah L
Grant Deed
related
—
Oct 23, 2015
—
2220 Hempel Road LLC
Otto,sarah L
Grant Deed
—
Sep 25, 2015
—
Sarah Otto
Christensen Family I Ltd
Grant Deed
—
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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