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Property profile & analytics
FOR SALE
Office buildings
225 International Pkwy Lake Mary, FL 32746
Individually Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3316395
For Sale
1 / 3
$28,705,000
225 International Pkwy, Lake Mary, FL 32746
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
CONCRETE
Total area
175,350 SF
Lot
17.53 ac (763,694 SF)
APN
12-20-29-300-0080-0000
UPID
US18-3316395
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
-
Concentrix Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$28.70M
Blend (final)
Blend
$28.71M
Owner & transaction history
Bell Information Sy Cincinnati · 28 yrs held
Bell Information Sy Cincinnati
since 1998
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$46.5M
+23.4%
Neighborhood: shopping center
$39.0M
+3.4%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
OFFICE BUILDING
$37,665,000
Current use
COMMERCIAL (GENERAL)
$46,480,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$38,960,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$33,315,000
Change: -12% · Conversion: Moderate
WAREHOUSE, STORAGE
$32,035,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$30,490,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$28.71M
Range $25.83M – $31.58M · ±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
$164 / 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
$304,847
Tax year 2023
Assessed value
$22,907,050
Assessed 2023
Previous assessed
$22,270,151
+2.9% YoY
Effective rate
1.33%
On assessed value
Land market value
$6,300,476
Improvement market value
$16,606,574
Total market value
$22,907,050
Applied tax rate
1.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
46
Total area
175,350 SF
Lot
17.53 ac (763,694 SF)
APN
12-20-29-300-0080-0000
UPID
US18-3316395
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$37.7M
COMMERCIAL (GENERAL)
Est. value
$46.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$39.0M
RETAIL STORES
Est. value
$33.3M
WAREHOUSE, STORAGE
Est. value
$32.0M
INDUSTRIAL (GENERAL)
Est. value
$30.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
46
Lot
17.53 ac
Current owner
From public records · entity-resolved
Bell Information Sy Cincinnati
Individual
Free & Clear · 28 yrs held
Mailing address
201 E 4TH ST102-MZ#125, CINCINNATI, OH 45202-4248
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 1998
$2,863,600
Bell Information Sy Cincinnati
Hibc Development Co
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.
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?”
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