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Property profile & analytics
OFF-MARKET
Estimated value
$16,795,000
Office buildings
3500 Quadrangle Blvd Orlando, FL 32817-8326
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2451568
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
55,491 SF
Lot
7.5 ac (326,635 SF)
Zoning code
P-D
APN
04-22-31-7278-00-014
UPID
US18-2451568
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
-
Ocean Insight Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.05M
CAP Approach
CAP
$17.01M
Comparable Approach
Comparable
$15.93M
Blend (final)
Blend
$16.80M
Owner & transaction history
Jolie Associates LLC · 5 yrs held
Jolie Associates LLC
since 2020
Last sale
$19.0M
5 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$27.4M
+34.7%
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
$13,045,000
CAP Approach
CAP Return
Estimation
6%
$18,425,000
6.5%
$17,005,000
7%
$15,790,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,370,000
Current use
RESTAURANT
$27,430,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$18,505,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,655,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$16.80M
Range $15.12M – $18.47M · ±10% · vs last sale $19.00M (Nov 30 2020)
Last sale anchor
$19.00M
Nov 30 2020
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
$303 / 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
$261,136
Tax year 2023
Assessed value
$16,893,453
Assessed 2023
Previous assessed
$16,838,297
+0.3% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,747,000
Assessed improvement
$14,146,453
Land market value
$2,747,000
Improvement market value
$14,146,453
Total market value
$16,893,453
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
OFFICE BUILDING
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
195
Total area
55,491 SF
Lot
7.5 ac (326,635 SF)
Zoning code
P-D
APN
04-22-31-7278-00-014
UPID
US18-2451568
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
$20.4M
RESTAURANT
Est. value
$27.4M
AUTO REPAIR, GARAGE
Est. value
$18.5M
COMMERCIAL (GENERAL)
Est. value
$16.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
195
Lot
7.5 ac
Current owner
From public records · entity-resolved
Jolie Associates LLC
Entity
Free & Clear · 5 yrs held
Mailing address
875 N MICHIGAN AVE STE #3840, CHICAGO, IL 60611-1951
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2020
$19,000,000
Jolie Associates LLC
Orc Quadrangle LLC
Grant Deed
—
Nov 30, 2020
—
Jolie Associates LLC
—
Deed
related
$15,200,000 · Wintrust Bk NA
Jan 7, 2015
$13,570,000
Orc Quadrangle LLC
Fund Xiii & Fund Xiv Associates
Special Warranty Deed
$10,177,500 · Natixis Real Estate Capital LLC
Nov 3, 2003
$11,650,000
Xiii Fund
Nbs Orlando Quad 14 LLC
Grant Deed
related
—
—
—
Jolie Associates LLC
—
Loan Modification
related
$15,200,000 · Wintrust Bk 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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