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    Property profile & analytics

    2480 Jetport Dr Orlando, FL 32809-7807

    • Grocery and convenience stores
    • 8,268 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimations
    $2,065,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0831213
    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.

    Current Use by Public Records

    • Amazon Locker - Topaz / Postal Service / Courier Service
    • 7-Eleven / Grocery & Convenience Store
    • ATM / Bank / Check Cashing

    Property Details for 2480 Jetport Dr

    Year built
    2001
    Lot size
    1.98 lot acres
    Property size
    8,268 SF
    Zone code
    MU-1
    Property type
    Grocery and convenience stores
    APN
    31-23-30-0000-00-038
    APU
    312330000000038

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,900,000
      6.5%
      $2,675,000
      7%
      $2,485,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,745,000
      RESTAURANT
      $1,355,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3503
    Latitude
    28.4494
    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
    $45,305
    $652,689
    $1,791,274
    $2,443,963
    -
    $652,689
    $1,791,274
    $2,443,963

    Comparable in this City

    • Value Estimation
      $3,405,000
      15,198 SF

      8099 Orange Ave

      CONVENIENCE STORE • 15,198 SF
      8099 Orange Ave, Orlando, FL 32809-6711
      View Details
    • Value Estimation
      $3,380,000
      15,456 SF

      350 Sand Lk Rd

      CONVENIENCE STORE • 15,456 SF
      350 Sand Lk Rd, Orlando, FL 32809-7803
      View Details
    • Value Estimation
      $1,215,000
      6,560 SF

      600 Lancaster Rd

      CONVENIENCE STORE • 6,560 SF
      600 Lancaster Rd, Orlando, FL 32809-5908
      View Details
    • Value Estimation
      $935,000
      4,289 SF

      4003 Oak Rdg Rd

      CONVENIENCE STORE • 4,289 SF
      4003 Oak Rdg Rd, Orlando, FL 32809-3683
      View Details
    • Value Estimation
      $695,000
      3,264 SF

      827 Lancaster Rd

      CONVENIENCE STORE • 3,264 SF
      827 Lancaster Rd, Orlando, FL 32809-5975
      View Details
    • Value Estimation
      $2,620,000
      6,905 SF

      7301 Orange Blossom Trl

      CONVENIENCE STORE • 6,905 SF
      7301 Orange Blossom Trl, Orlando, FL 32809-5707
      View Details

    Similar Nearby for Sale

    • $3,200,000
      0.81 Acres

      Orlando Multi-Tenant Retail Complex

      High-traffic location, strong NOI, excellent investment.
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    • $3,000,000
      5,984 SF

      Profitable Orlando Commercial Property For Sale

      Income-producing commercial property with diverse revenue streams in a high-traffic location.
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    • $3,000,000

      Income Producing Commercial Property For Sale

      Commercial property with gas station, convenience store, and leased units.
      827 W Lancaster Rd, Orlando, FL 32809
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    • $1,000,000
      Pending

      Versatile Flex/Retail Building on Orange

      Fully air-conditioned flex/retail building in a prime location.
      5515 S Orange Ave, Edgewood, FL 32809
      View Details
    • Contact for pricing
      5,632 SF

      Retail Space Available For Sale

      Retail space for sale at 2293 W Sand Lake Rd.
      2293 W Sand Lake Rd, Orlando, FL 32809
      View Details
    • $1,500,000
      2,251 SF

      Versatile Mixed-Use Property Near Airport

      C-1 zoned property suitable for live/work or investment.
      8027 S Orange Ave, Orlando, FL 32809
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    Similar Nearby for Lease

    • $27 SF/Yr

      Orlando Retail Space For Lease

      Prime Orlando commercial property with high visibility and ample parking.
      1700 West Sand Lake Rd, Orlando, FL 32809
      View Details
    • $20 SF/Yr
      20,475 SF

      Orlando Warehouse - 20,475 SF

      Versatile warehouse space for lease in Orlando.
      8119 Orange Ave, Orlando, FL 32809
      View Details
    • $18 SF/Yr

      Neighborhood Center Retail Space Available

      Retail spaces available in high-traffic neighborhood center.
      2332 W Oak Ridge Rd, Orlando, FL 32809
      View Details
    • Contact for pricing
      980 SF

      Retail Space in Dr. Phillips

      Second floor retail units available in a prime Orlando location.
      7784-7800 W Sand Lake Rd, Orlando, FL 32809
      View Details
    • Contact for pricing
      2,604 SF

      Retail Space in Shoppes of Southland

      Retail spaces available in a busy Orlando shopping center.
      7400 Southland Blvd, Orlando, FL 32809
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space Near Florida Mall

      Retail space available near Florida Mall with high traffic.
      7613-7687 S Orange Blossom Trl, Orlando, FL 32809
      View Details
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    2480 Jetport Dr
    Orlando, FL 32809-7807
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    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
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