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Property profile & analytics
FOR LEASE
Office buildings
250 S Park Ave Winter Park, FL 32789
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-2662538
For Lease
1 / 3
$60 SF/Yr
250 S Park Ave, Winter Park, FL 32789
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1970
Total area
107,849 SF
Lot
0.49 ac (21,413 SF)
Zoning code
C-2
APN
05-22-30-9400-39-100
UPID
US18-2662538
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
-
De Prince Race & Zollo Inc Financial Advisor
-
John Ashworth - Morgan Stanley Financial Advisor
-
The Watermark Group - Morgan Stanley Financial Advisor
-
Patrick Lawrence - Morgan Stanley Financial Advisor
-
The Winter Park Group - Morgan Stanley Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.44M
Comparable Approach
Comparable
$33.95M
Blend (final)
Blend
$24.97M
Owner & transaction history
Bfc Park Avenue LLC · 14 yrs held
Bfc Park Avenue LLC
since 2012
1 recorded transaction
Zoning & alternative use
C-2 · Winter Park, 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 Winter Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Park 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%
$28,645,000
6.5%
$26,440,000
7%
$24,555,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$36,250,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$24.97M
Range $22.47M – $27.47M · ±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
$232 / 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
$337,608
Tax year 2023
Assessed value
$21,888,607
Assessed 2023
Previous assessed
$22,070,966
-0.8% YoY
Effective rate
1.54%
On assessed value
Assessed land
$2,400,826
Assessed improvement
$19,487,781
Land market value
$2,400,826
Improvement market value
$19,487,781
Total market value
$21,888,607
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 Lease
Year built
1970
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Stories
6
Rooms
219
Total area
107,849 SF
Lot
0.49 ac (21,413 SF)
Zoning code
C-2
APN
05-22-30-9400-39-100
UPID
US18-2662538
Jurisdiction
ORANGE
Zoning & alternative use
C-2 · Winter Park, FL
Zoning C-2 · permitted uses
C-2 · Winter Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winter Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$36.3M
AUTO REPAIR, GARAGE
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
6
Rooms
219
Lot
0.49 ac
Current owner
From public records · entity-resolved
Bfc Park Avenue LLC
Entity
Mailing address
PO BOX 3010, WINTER PARK, FL 32790-3010
Ownership since
2012
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
Mar 2, 2012
—
Bfc Park Avenue LLC
—
Deed Of Trust
related
$19,294,654 · American General Life Ins
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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