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    Property profile & analytics

    3544 Edgewater Dr Orlando, FL 32804-2922

    • Investment properties
    • 1,734 SF
    • 0.45 lot acres
    OFF-MARKET
    Last Sale
    Mar 04, 2025
    $567,500
    Value Estimations
    $465,000
    Show details
    Cap Rate Potential
    4.9%
    Investment properties
    Location Intelligence
    Property ID
    US18-2474769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community Counseling Center of Central Florida, LLC / Counselor
    • Amy Wagner / Counselor / Marriage Or Relationship Counselor
    • Christel Mcmackin / Marriage Or Relationship Counselor
    • Kayla Crawford / Counselor / Psychologist
    • Heather Dawson / Counselor

    Property Details for 3544 Edgewater Dr

    Year built
    1954
    Lot size
    0.45 lot acres
    Property size
    1,734 SF
    Zone code
    MU-1/W/SP/AR
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    11-22-29-2592-00-080
    APU
    112229259200080

    Description

    This exceptional 1,452 square foot freestanding office building, located at 3544 Edgewater Drive in Orlando, Florida, presents a unique owner-user opportunity. Built in 1954 and extensively renovated in 2018, the property boasts a concrete block construction and is zoned for office use. Situated on Edgewater Drive, it benefits from high visibility and significant traffic, with an average daily traffic count of 23,500 vehicles. The asking price is $620,000. This single-building property offers a blend of traditional and medical office suitability, making it ideal for a variety of professional uses. Its prime location in Orlando's vibrant College Park area provides easy access to major thoroughfares and a diverse range of amenities. The 2018 renovation ensures modern functionality and aesthetics, while the solid concrete block construction promises lasting durability. This is an excellent investment for a business seeking a well-maintained, high-traffic location in a desirable Orlando neighborhood. The property is located in Orange County, Florida, zip code 32804. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $465,000
      ML approach
      $465,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $380,000
      6.5%
      $350,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $605,000
      Market price range: $372k - $606k
      AI Estimate
      $533,000
      Market price range: $287k - $533k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3935
    Latitude
    28.5847
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,020
    $353,025
    $147,719
    $500,744
    -
    $353,025
    $147,719
    $500,744

    Comparable in this City

    • Value Estimation
      $635,000
      8,294 SF

      710 Colonial Dr

      STORE/OFFICE (MIXED USE) • 8,294 SF
      710 Colonial Dr, Orlando, FL 32804-7366
      View Details
    • Value Estimation
      $375,000
      2,066 SF

      645 Rugby St

      STORE/OFFICE (MIXED USE) • 2,066 SF
      645 Rugby St, Orlando, FL 32804-5309
      View Details
    • Value Estimation
      $295,000
      782 SF

      4828 Thorpe Ave

      STORE/OFFICE (MIXED USE) • 782 SF
      4828 Thorpe Ave, Orlando, FL 32804-1156
      View Details
    • Value Estimation
      $360,000
      2,072 SF

      307 Smith St

      STORE/OFFICE (MIXED USE) • 2,072 SF
      307 Smith St, Orlando, FL 32804-5524
      View Details
    • Value Estimation
      $375,000
      2,484 SF

      728 Smith St

      STORE/OFFICE (MIXED USE) • 2,484 SF
      728 Smith St, Orlando, FL 32804-5226
      View Details
    • Value Estimation
      $720,000
      2,268 SF

      722 Smith St

      STORE/OFFICE (MIXED USE) • 2,268 SF
      722 Smith St, Orlando, FL 32804-5226
      View Details

    Similar Nearby for Sale

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      Orlando Mixed-Use Redevelopment Opportunity

      7-acre, 9-parcel portfolio in Orlando's College Park/Edgewater corridor.
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      College Park Land Assembly Opportunity

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      Downtown Orlando Boxing Club Opportunity

      Established Orlando boxing gym for sale in Lake Ivanhoe.
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    • $225,000
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      Vacant Land in College Park

      Vacant land in Orlando's desirable College Park neighborhood.
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    Similar Nearby for Lease

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      Courtland Street Office Suites

      Orlando Office Space: 1,200-2,400 SF
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      Freestanding Retail in SoDo District

      Freestanding retail spaces available in Orlando's SoDo district.
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      Zellwood Project: Orlando Retail Opportunity

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      Orlando Commercial Space For Rent

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      Retail Space on Colonial Drive

      High-traffic retail space in Orlando's primary retail corridor.
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      Retail Space in SoDo District

      Retail space in a high-traffic Orlando shopping center.
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    Orlando, FL 32804-2922
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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