Entity Owned Property summary
AI-generated overview
This exceptional manufacturing facility, Challenger Tech Center II, located at 2602 Challenger Tech Ct, Orlando, FL 32826, offers a prime opportunity for businesses seeking versatile industrial space in a thriving location. The property, built in 2001, boasts a total of 99,604 square feet, with various suite sizes available for immediate or future occupancy. Currently, there are 35,756 square feet of vacant space, offering flexibility for businesses of varying scales. Suite 240 (6,111 sq ft) is available within 30 days, while Suite 190 offers larger spaces ranging from 13,048 to 35,756 square feet. Suite 100, encompassing 21,029 square feet, will become available on November 1st, 2024. The property is a single-tenant building, providing privacy and control. Ample parking is available, with a ratio of 4-5 spaces per 1,000 square feet. This location provides easy access to major transportation routes, making it an ideal choice for businesses needing efficient logistics and distribution capabilities. The property's modern design and functional layout are perfect for a variety of manufacturing operations. Inquire today to learn more about leasing options and secure your space in this sought-after Orlando industrial property.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
100,547 SF
Lot
9.28 ac (404,309 SF)
Zoning code
IND-2/IND-3
APN
15-22-31-1255-00-080
UPID
US18-9619272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
-
Pharmacy
-
Corporate Office
-
Industrial Manufacturer Production Facility
-
General Contractor Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.10M
Owner & transaction history
since 2002
1 recorded transaction
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$16.10M
Value range
$14.49M – $17.71M
±10% around blend
Estimated value / SF
$160 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$14.49M
blend $16.10M
$17.71M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
100,547 SF
Lot area
9.28 ac
Year built
2001
Stories
1
APN
15-22-31-1255-00-080
Zoning
IND-2/IND-3
Assessed value
$15,588,753
Annual tax
$240,968
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$16.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 635 sales
$317
-49%
County 836 sales
$318
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $160/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.59M
Move the market yield to see immediate price impact.
Value / SF
$155
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$982k
$19.64M
$14.03M
$10.91M
$1.09M
$21.82M
$15.59M
$12.12M
$1.20M
$24.01M
$17.15M
$13.34M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$240,968
Tax year 2023
Assessed value
$15,588,753
Assessed 2023
Previous assessed
$14,502,000
+7.5% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,021,545
Assessed improvement
$13,567,208
Land market value
$2,021,545
Improvement market value
$13,567,208
Total market value
$15,588,753
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
52
Total area
100,547 SF
Lot
9.28 ac (404,309 SF)
Zoning code
IND-2/IND-3
APN
15-22-31-1255-00-080
UPID
US18-9619272
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FLZoning IND-2/IND-3 · permitted uses
IND-2/IND-3 · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
52
Lot
9.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IND-2/IND-3
Jurisdiction
Orlando, FL
Recorded code
IND-2/IND-3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND-2/IND-3 in Orlando, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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