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Property profile & analytics
OFF-MARKET
Estimated value
$10,710,000
Grocery and convenience stores
3191 Colonial Dr Orlando, FL 32808-8005
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5552030
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1960
Total area
77,230 SF
Lot
14.65 ac (638,023 SF)
Zoning code
AC-2/W
APN
21-22-29-6722-00-010
UPID
US18-5552030
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
-
Bellis K-Beauty Cosmetics Cosmetic Store
-
I TEA Cafe & Coffee Shop
-
Lotte Plaza Market at Orlando Grocery & Convenience Store Food Market
-
Izziban Katsu At Lotte Market Restaurant
-
Pho 54 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.46M
Blend (final)
Blend
$10.71M
Owner & transaction history
Wwx Parkwood Plaza LLC · 4 yrs held
Wwx Parkwood Plaza LLC
since 2021
Last sale
$10.2M
7 recorded transactions
Zoning & alternative use
AC-2/W · 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
$11,890,000
ML approach
$14,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.71M
Range $9.64M – $11.78M · ±10% · vs last sale $10.20M (Aug 16 2021)
Last sale anchor
$10.20M
Aug 16 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
$139 / 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
$207,733
Tax year 2023
Assessed value
$10,712,106
Assessed 2023
Previous assessed
$10,676,183
+0.3% YoY
Effective rate
1.94%
On assessed value
Assessed land
$3,356,003
Assessed improvement
$7,356,103
Land market value
$3,356,003
Improvement market value
$7,356,103
Total market value
$10,712,106
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Rooms
55
Total area
77,230 SF
Lot
14.65 ac (638,023 SF)
Zoning code
AC-2/W
APN
21-22-29-6722-00-010
UPID
US18-5552030
Jurisdiction
ORANGE
Zoning & alternative use
AC-2/W · Orlando, FL
Zoning AC-2/W · permitted uses
AC-2/W · 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.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Rooms
55
Lot
14.65 ac
Current owner
From public records · entity-resolved
Wwx Parkwood Plaza LLC
Entity
Mailing address
3435 122ND PL NE, BELLEVUE, WA 98005-1237
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2021
—
Wwx Parkwood Plaza LLC
Wwx2 Limited LLC
Intrafamily Transfer
related
$7,900,000 · Bsprt Cmbs Finance LLC
Jul 3, 2018
—
Highyon Shopping Ctr Invs Fund
—
Deed
related
$10,500,000 · Branch Bk&tr
Mar 27, 2018
—
Skyway Towers LLC
—
Deed
related
$50,000,000 · Valley Nat'l Bk Mtg
Nov 25, 2013
—
Parkwood Plaza LP
Wetenhall,robert C
Quit Claim Deed
related
—
Nov 25, 2013
$10,200,000
Highyon Shopping Ctr Inv Funds
Kensington Gardens Builders Co
Grant Deed
$4,000,000 · Urban Trust Bank
—
—
Skyway Towers LLC
—
Deed Of Trust
related
$50,000,000 · Valley Nat'l Bk Mtg
—
—
Highyon Shopping Ctr Invs Fund
—
Deed Of Trust
related
$10,500,000 · Branch Bk&tr
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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