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Property profile & analytics
FOR LEASE
Office buildings
2501 Discovery Dr Orlando, FL 32826
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4691737
For Lease
1 / 5
$18.50 SF/Yr
2501 Discovery Dr, Orlando, FL 32826
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
83,390 SF
Lot
19.87 ac (865,560 SF)
Zoning code
IND-2/IND-3
APN
11-22-31-1243-21-030
UPID
US18-4691737
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
-
Sanofi Pasteur VaxDesign Corporation Industrial Manufacturer Production Facility
-
Alcon Laboratories Ophthalmologist (Bike/Boat/Book/etc) Store
-
Red 6 Defense Systems LLC Corporate Office Factory
-
Grifols Biomat USA - Plasma Donation Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.01M
Blend (final)
Blend
$14.70M
Owner & transaction history
Alidade 2501 Discovery LLC · 4 yrs held
Alidade 2501 Discovery LLC
since 2021
Last sale
$14.5M
6 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, 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 Orlando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orlando 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
$16,875,000
ML approach
$12,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$21,205,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$14.70M
Range $13.23M – $16.16M · ±10% · vs last sale $14.48M (Dec 27 2021)
Last sale anchor
$14.48M
Dec 27 2021
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
$176 / 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
$198,044
Tax year 2023
Assessed value
$12,811,909
Assessed 2023
Previous assessed
$11,919,355
+7.5% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,347,158
Assessed improvement
$10,464,751
Land market value
$2,347,158
Improvement market value
$10,464,751
Total market value
$12,811,909
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
Status
For Lease
Year built
1999
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Stories
1
Rooms
107
Total area
83,390 SF
Lot
19.87 ac (865,560 SF)
Zoning code
IND-2/IND-3
APN
11-22-31-1243-21-030
UPID
US18-4691737
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Zoning IND-2/IND-3 · permitted uses
IND-2/IND-3 · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$21.2M
RETAIL STORES
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
107
Lot
19.87 ac
Current owner
From public records · entity-resolved
Alidade 2501 Discovery LLC
Entity
Mailing address
40900 WOODWARD AVE STE #250, BLOOMFIELD HILLS, MI 48304-5119
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$14,481,300
Alidade 2501 Discovery LLC
2501 Discovery Lakes LLC
Special Warranty Deed
$7,995,000 · Morgan Chase Commercial Mortgage Se
May 5, 2014
$12,300,000
2501 Discovery Lakes LLC
Discovery Funding Corp
Special Warranty Deed
$7,995,000 · Jpmorgan Chase Bank NA
Aug 23, 2007
$14,350,000
Discovery Funding Corp
Discovery Realty LLC
Deed Of Trust
$9,250,000 · Jackson National Life Ins Co
Apr 27, 2000
$18,750,000
Discovery Realty LLC
Sva Central Florida LP
Grant Deed
—
Dec 22, 1997
$1,779,000
Sva Central Florida LP
Orange County Research & Devel
Grant Deed
$12,900,000 · Guaranty Federal Bank Fsb
—
—
Discovery Funding Corp
—
Deed Of Trust
related
$9,250,000 · Hermitage Management LLC
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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