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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Retail space
3005 Edgewater Dr Orlando, FL 32804-3719
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US19-0678837
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
6,985 SF
Lot
0.49 ac (21,375 SF)
Zoning code
MU-1/T/SP/AR/W
APN
11-22-29-3056-04-310
UPID
US19-0678837
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
-
The College Map Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$1.37M
Owner & transaction history
Edgewater Alpha LLC · 20 yrs held
Edgewater Alpha LLC
since 2006
2 recorded transactions
Zoning & alternative use
MU-1/T/SP/AR/W · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Medium Intensity Mixed Use Corridors Traditional City Specially Planned Area Appearance Review Wekiva
General category
MIXED_USE
Zone area
14.36 ac
Source
Realmo
Top alternative use upside
Office building
$2.2M
+39.7%
Commercial (general)
$1.9M
+23.0%
Industrial (general)
$1.6M
+4.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,565,000
Current use
OFFICE BUILDING
$2,190,000
Change: +40% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,925,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,640,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,320,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$195 / 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
$29,942
Tax year 2023
Assessed value
$1,620,530
Assessed 2023
Previous assessed
$1,569,274
+3.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$636,761
Assessed improvement
$983,769
Land market value
$636,761
Improvement market value
$983,769
Total market value
$1,620,530
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
5
Total area
6,985 SF
Lot
0.49 ac (21,375 SF)
Zoning code
MU-1/T/SP/AR/W
APN
11-22-29-3056-04-310
UPID
US19-0678837
Jurisdiction
ORANGE
Zoning & alternative use
MU-1/T/SP/AR/W · Orlando, FLZoning MU-1/T/SP/AR/W · permitted uses
MU-1/T/SP/AR/W · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Medium Intensity Mixed Use Corridors Traditional City Specially Planned Area Appearance Review Wekiva
General category
MIXED_USE
Zone area
14.36 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
0.49 ac
Current owner
From public records · entity-resolved
Edgewater Alpha LLC
Entity
Mailing address
731 VASSAR ST, ORLANDO, FL 32804-4920
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2006
$453,300
Edgewater Alpha LLC
Demetree Properties Ptshp LLP
Grant Deed
—
—
—
Properties Ptshp LLP Demetree
—
Deed Of Trust
related
$350,000 · Southtrust Bank NA
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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