Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2420 South Lakemont Ave Orlando, FL 32814
    Back to Search
    Property profile & analytics

    2420 South Lakemont Ave, Orlando, FL 32814

    View on Map
    • Office buildings
    • 165,732 SF
    • 9.22 lot acres
    For Lease
    $37,855,000
    View Listing →
    Class A Office Space Available For Lease
    $37,855,000
    8,045 SF

    Class A Office Space Available

    Premium office space in Baldwin Park with lake views.

    2420 South Lakemont Avenue, Orlando, FL 32814
    View Listing
    Property ID
    US18-5579853
    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
    $37,855,000
    Cap Rate Potential
    8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Start Financial Plan Rollover 401k Zoom or Webex / Financial Advisor
    • BRPH / Architect / Construction Company
    • Nature's Table Café / Cafe & Coffee Shop
    • Genesis Images / Photography Service / (Bike/Boat/Book/etc) Store
    • FedEx Drop Box / Postal Service / Courier Service

    Property Details for 2420 South Lakemont Ave

    Year built
    2005
    Lot size
    9.22 lot acres
    Zone code
    PD
    Property type
    Office buildings
    APN
    17-22-30-0525-09-610
    APU
    172230052509610

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 24, 2021 $35,500,000 Baldwin Point Office LLC Ag Apg Baldwin Point Property Owner Special Warranty Deed $26.2M · Cit Bank NA
    Aug 14, 2020 $22,496,000 Ag-apg Baldwin Pt Prop Owner L Ix Wr 2420 S Lakemont Drive LP Grant Deed —
    Jul 6, 2017 — Ag-apg Baldwin Pt Prop Owner L Ix Wr 2420 South Lakemont Driv Quit Claim Deed · related —
    Dec 19, 2012 $17,512,162 Ix Wr 2420 South Lakemont Driv 2420 Lakemont Avenue LLC Grant Deed $178M · Barclays Bank Plc
    Sep 1, 2005 $28,700,000 2420 Lakemont Avenue LLC Barry Orlando Partners Grant Deed —
    Sep 7, 2004 $2,800,000 Barry Orlando Partners Orlando Ntc Partners Grant Deed · related $20.6M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $41,375,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $55,025,000
      6.5%
      $50,790,000
      7%
      $47,165,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $39,038,000
      Market price range: $35.7M - $74.6M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $52,480,000
      Current use
      AUTO REPAIR, GARAGE
      $55,275,000
      Change: +5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $49,740,000
      Change: -5% Conversion: Easy
      RETAIL STORES
      $42,140,000
      Change: -20% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3294
    Latitude
    28.5736
    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
    $702,990
    $5,671,994
    $26,129,554
    $31,801,548
    -
    $5,671,994
    $26,129,554
    $31,801,548

    Comparable in this City

    • Value Estimation
      $1,320,000
      6,094 SF

      907 Outer Rd

      PROFESSIONAL BUILDING
      907 Outer Rd, Orlando, FL 32814-6601
      View Details
    • Value Estimation
      $1,070,000
      4,889 SF

      863 Outer Rd

      PROFESSIONAL BUILDING
      863 Outer Rd, Orlando, FL 32814-6652
      View Details
    • Value Estimation
      $1,575,000
      7,036 SF

      903 Outer Rd

      OFFICE BUILDING
      903 Outer Rd, Orlando, FL 32814-6653
      View Details
    • Value Estimation
      $775,000
      3,346 SF

      950 Lk Baldwin Ln

      PROFESSIONAL BUILDING
      950 Lk Baldwin Ln, Orlando, FL 32814-6651
      View Details
    • Value Estimation
      $3,650,000
      15,506 SF

      935 Lk Baldwin Ln

      OFFICE BUILDING (MULTI-STORY)
      935 Lk Baldwin Ln, Orlando, FL 32814-6437
      View Details
    • Value Estimation
      $1,335,000
      6,271 SF

      851 Outer Rd

      OFFICE BUILDING
      851 Outer Rd, Orlando, FL 32814-6652
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,437 SF

      Medical/Office Building in Baldwin Park

      Free-standing medical/office building in sought-after Baldwin Park.
      954 Lake Baldwin Ln, Orlando, FL 32814
      View Details
    • $1,399,000
      3,129 SF

      Orlando Mixed-Use Triplex For Sale

      Mixed-use property with townhome, apartment, and commercial space.
      1567 Lake Baldwin Ln, Orlando, FL 32814
      View Details
    • Contact for pricing
      Pending

      Charming Townhouse in Baldwin Park

      Upgraded 4-story townhouse in Orlando's sought-after Baldwin Park community.
      1389 Chatfield Pl, Orlando, FL 32814
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,369 SF

      Office Space in Baldwin Park

      Office space for rent in a live-work-play community.
      4776 New Broad St, Orlando, FL 32814
      View Details
    • $3,250 /Mo
      788 SF

      Office Condo in Baldwin Park

      788 SF office condo for lease in Orlando's Baldwin Park.
      871 Outer Rd, Orlando, FL 32814
      View Details
    • $41,988

      Office Condo in Baldwin Park

      788 SF condo-office for lease in desirable Baldwin Park.
      871 Outer Rd, Orlando, FL 32814
      View Details
    • Contact for pricing
      6,791 SF

      Class A Office Space Available

      Premium office space in Baldwin Park with lake views.
      2420 South Lakemont Ave, Orlando, FL 32814
      View Details
    • Contact for pricing

      Orlando Commercial Space For Rent

      Commercial space available for rent in Orlando, Florida.
      4776 New Broad St, Orlando, FL 32814
      View Details
    • Contact for pricing
      4,775 SF

      Lakefront Restaurant & Gym Space

      Restaurant and gymnasium spaces available for lease in Orlando.
      4915 New Broad St, Orlando, FL 32814
      View Details
    View Listing
    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.
    2420 South Lakemont Ave
    Orlando, FL 32814
    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
    2420 South Lakemont Ave, Orlando, FL, 32814
    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!