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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Office buildings
2545 Connection Pt Oviedo, FL 32765-9087
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-6292688
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Construction
CONCRETE
Total area
3,067 SF
Lot
0.86 ac (37,462 SF)
APN
29-21-31-300-0070-0000
UPID
US18-6292688
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$980k
Owner & transaction history
Cpcc Oviedo LLC · 4 yrs held
Cpcc Oviedo LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+117.0%
Commercial (general)
$815,000
+24.5%
Neighborhood: shopping center
$680,000
+4.4%
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 Oviedo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oviedo 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
$1,105,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$700,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$655,000
Current use
AUTO REPAIR, GARAGE
$1,415,000
Change: +117% · Conversion: Difficult
COMMERCIAL (GENERAL)
$815,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.10M (May 19 2022)
Last sale anchor
$1.10M
May 19 2022
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
$320 / 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
$12,698
Tax year 2023
Assessed value
$932,120
Assessed 2023
Previous assessed
$838,989
+11.1% YoY
Effective rate
1.36%
On assessed value
Land market value
$591,540
Improvement market value
$340,580
Total market value
$932,120
Applied tax rate
1.0000
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
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,067 SF
Lot
0.86 ac (37,462 SF)
APN
29-21-31-300-0070-0000
UPID
US18-6292688
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1958
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Cpcc Oviedo LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2544 CONNECTION PT, OVIEDO, FL 32765-9086
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$1,100,000
Cpcc Oviedo LLC
Patrick E Jorgensen
Warranty Deed
—
May 19, 2022
$429,000
Cpcc Oviedo LLC
Southern Development & Construction
Warranty Deed
$993,834 · First Colony Bank Of Florida
Aug 27, 2019
$300,000
Patrick E Jorgensen
Halfacre,sean C
Quit Claim Deed
related
—
Aug 10, 2018
—
Southern Dev & Const INC
—
Deed
related
$4,684,712 · Citizens Bk/fl
Jan 17, 2017
—
Southern Dev & Const INC
Lucas Land Group LLC
Grant Deed
related
—
Dec 15, 2016
$125,000
Southern Dev & Const INC
Lucas Land Group LLC
Grant Deed
—
Jun 10, 2016
—
Karen G Snead
Cook,charlie & Judy
Warranty Deed
—
Jun 10, 2016
$150,000
Lucas Land Group LLC
Snead,karen G
Warranty Deed
$125,000
Apr 26, 2007
$560,000
Sean C Halfacre
Hollis,leonard M
Warranty Deed
$224,000 · Leonard M Hollis
May 21, 2002
$70,000
Jo Roberts
Roberts,jo & Patricia H
Grant Deed
related
—
Jun 5, 1998
—
Jo Roberts
Roberts,jo & Patricia H
Quit Claim Deed
related
$80,000 · Paramount Financial Corp
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.
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