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Property profile & analytics
OFF-MARKET
Estimated value
$2,455,000
Warehouses
2591 Forsyth Rd Orlando, FL 32807-6448
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5375415
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
17,750 SF
Lot
4.8 ac (209,220 SF)
Zoning code
IND-1/IND-5
APN
14-22-30-0000-00-034
UPID
US18-5375415
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
-
db Orlando Collision™ Auto Repair Shop
-
Timeless Kitchen Outlet-Orlando Hardware & Home Improvement Furniture & Home Goods
-
Warehouse Wraps Auto Repair Shop
-
JG COUNTER TOPS.CORPORATION Building Supply Hardware & Home Improvement
-
Granite Evolution Inc Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$2.46M
Owner & transaction history
2591 Forsyth LLC · 18 yrs held
2591 Forsyth LLC
since 2007
3 recorded transactions
Zoning & alternative use
IND-1/IND-5 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+4.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,005,000
6.5%
$1,850,000
7%
$1,720,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,700,000
Current use
COMMERCIAL (GENERAL)
$3,860,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.70M · ±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
$138 / 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
$76,157
Tax year 2023
Assessed value
$6,101,230
Assessed 2023
Previous assessed
$5,489,457
+11.1% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,046,100
Assessed improvement
$5,055,130
Land market value
$1,046,100
Improvement market value
$5,055,130
Total market value
$6,101,230
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
NONE
Buildings
7
Stories
1
Rooms
65
Total area
17,750 SF
Lot
4.8 ac (209,220 SF)
Zoning code
IND-1/IND-5
APN
14-22-30-0000-00-034
UPID
US18-5375415
Jurisdiction
ORANGE
Zoning & alternative use
IND-1/IND-5 · Orlando, FL
Zoning IND-1/IND-5 · permitted uses
IND-1/IND-5 · 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
WAREHOUSE, STORAGE Current
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1983
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Rooms
65
Lot
4.8 ac
Current owner
From public records · entity-resolved
2591 Forsyth LLC
Entity
Free & Clear · 18 yrs held
Mailing address
660 KILLARNEY BAY CT, WINTER PARK, FL 32789-2978
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2007
—
2591 Forsyth LLC
Savko,james D
Quit Claim Deed
related
—
Jun 26, 2006
—
James E Savko
Building Exchange
Warranty Deed
—
Jan 11, 2006
$3,125,600
Building Exchange Co
Kim,tae W & Joo Y
Warranty Deed
—
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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