Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    227 Eola Dr Orlando, FL 32801-2036
    Back to Search
    Property profile & analytics

    227 Eola Dr, Orlando, FL 32801-2036

    View on Map
    • Bed & breakfasts
    • 18,470 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US18-2285937
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eo Inn / Hotel & Motel
    • Cholo Dogs - Lake Eola / Restaurant
    • PH Grind / Cafe & Coffee Shop
    • Karelyn’s Vegan Soul Café / Restaurant

    Property Details for 227 Eola Dr

    Year built
    1938
    Lot size
    0.32 lot acres
    Zone code
    MXD-2/T
    Property type
    Bed & breakfasts
    APN
    25-22-29-0025-03-000
    APU
    252229002503000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 15, 2019 $3,450,000 Roshan Hospitality 2 LLC Eola Land Co INC Warranty Deed $2M · Sunrise Bank
    Oct 3, 2017 — Eola Land Co INC — Grant Deed · related $1.7M · Sunrise Bk
    Jun 11, 2010 — Eola Land Co INC — Trustees Deed · related $102k · Mercantile Bank
    Jun 9, 2010 — Eola Land Co INC Mdld Family LP Quit Claim Deed · related —
    — — Eola Land Co INC — Deed Of Trust · related $1.7M · Td Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,060,000
      Current use
      INDUSTRIAL (GENERAL)
      $4,330,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3695
    Latitude
    28.5456
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $49,891
    $687,618
    $1,889,280
    $2,576,898
    -
    $687,618
    $1,889,280
    $2,576,898

    Comparable in this City

    • Value Estimation
      $1,860,000
      10,943 SF

      203 Lucerne Cir

      BED & BREAKFAST
      203 Lucerne Cir, Orlando, FL 32801-3721
      View Details
    • Value Estimation
      $24,245,000
      144,995 SF

      401 Magnolia Ave

      HOTEL
      401 Magnolia Ave, Orlando, FL 32801-1524
      View Details
    • Value Estimation by Request
      306,293 SF

      325 Orange Ave

      HOTEL
      325 Orange Ave, Orlando, FL 32801-3711
      View Details
    • Value Estimation
      $28,415,000
      247,985 SF

      400 Livingston St

      HOTEL
      400 Livingston St, Orlando, FL 32801-1414
      View Details
    • Value Estimation
      $20,200,000
      150,680 SF

      191 Pne St

      HOTEL
      191 Pne St, Orlando, FL 32801-2736
      View Details
    • Value Estimation
      $15,265,000
      113,513 SF

      680 Orange Ave

      HOTEL
      680 Orange Ave, Orlando, FL 32801-1374
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,868 SF

      Downtown Orlando Owner-User Opportunity

      Two-story, 14,868 SF building in Orlando's Central Business District.
      25 Wall St, Orlando, FL 32801
      View Details
    • $6,990,000
      8,163 SF

      Downtown Orlando Mixed-Use Development

      144-unit apartment project, prime location
      205 Eola Dr, Orlando, FL 32801
      View Details
    • $12,000,000
      36,000 SF

      Downtown Orlando Executive Office Building

      Historic 36,000 SF office building, prime location.
      28-44 Central Blvd, Orlando, FL 32801
      View Details
    • Contact for pricing
      6,828 SF

      Multifamily Property Across From Cherokee Park

      Eight-unit multifamily property in downtown Orlando's Lake Davis area.
      615 Woodlawn Blvd, Orlando, FL 32801
      View Details
    • Contact for pricing

      Downtown Orlando Office Building For Sale

      65,000 SF office building with lake views and central location.
      100 West Lucerne Cir, Orlando, FL 32801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,961 SF

      Modern Mixed-Use Tower in Orlando

      Contemporary office tower with hotel and retail in Downtown Orlando.
      333 S Garland Ave, Orlando, FL 32801
      View Details
    • Contact for pricing
      10,400 SF

      Mixed-Use Tower in Church Street

      Transit-oriented development with office, retail, and residential spaces.
      225 S Garland Ave, Orlando, FL 32801
      View Details
    • $29 SF/Yr
      242,174 SF

      Orlando Office Space Sub-Lease

      9,079 SF office space available for sub-lease in Orlando.
      225 E Robinson St, Orlando, FL 32801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    227 Eola Dr
    Orlando, FL 32801-2036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    227 Eola Dr, Orlando, FL, 32801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!