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Property profile & analytics
FOR SALE
Office buildings
326 N Mills Ave, Orlando, FL 32803
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2500693
For Sale
1 / 25
$2,750,000
326 N Mills Ave, Orlando, FL 32803
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1993
Total area
6,836 SF
Lot
1.29 ac (55,988 SF)
Zoning code
O-1/T
APN
25-22-29-2508-05-100
UPID
US18-2500693
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
$2.10M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.80M
Owner & transaction history
Daniels Cmrc Ctr Prop Owners · 5 yrs held
Daniels Cmrc Ctr Prop Owners
since 2020
4 recorded transactions
Zoning & alternative use
O-1/T · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+7.1%
Commercial (general)
$2.3M
+5.8%
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%
$2,270,000
6.5%
$2,095,000
7%
$1,945,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,130,000
Current use
AUTO REPAIR, GARAGE
$2,280,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,250,000
Change: +6% · Conversion: Easy
RETAIL STORES
$1,845,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±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
$263 / 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
$97,937
Tax year 2023
Assessed value
$5,350,754
Assessed 2023
Previous assessed
$5,758,403
-7.1% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,551,976
Assessed improvement
$3,798,778
Land market value
$1,551,976
Improvement market value
$3,798,778
Total market value
$5,350,754
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
PROFESSIONAL BUILDING
Status
For Sale
Year built
1993
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
57
Total area
6,836 SF
Lot
1.29 ac (55,988 SF)
Zoning code
O-1/T
APN
25-22-29-2508-05-100
UPID
US18-2500693
Jurisdiction
ORANGE
Zoning & alternative use
O-1/T · Orlando, FL
Zoning O-1/T · permitted uses
O-1/T · 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
OFFICE BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
57
Lot
1.29 ac
Current owner
From public records · entity-resolved
Daniels Cmrc Ctr Prop Owners
Individual
Free & Clear · 5 yrs held
Mailing address
1109 E RIDGEWOOD ST, ORLANDO, FL 32803-5727
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
—
Daniels Cmrc Ctr Prop Owners
Pulmonary R E Winter Garden Cf
Grant Deed
related
—
Oct 2, 2019
—
Cf Pulmonary Real Estate LLC
—
Grant Deed
related
$3,500,000 · Branch Bk&tr
Nov 16, 2009
$2,465,000
Cf Pulmonary Real Estate LLC
Cfpg Real Estate Partners LLC
Warranty Deed
$2,040,000 · Suntrust Bk/middle Ga
—
—
Cf Pulmonary Real Estate LLC
—
Deed Of Trust
related
$933,722 · Suntrust 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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