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Property profile & analytics
FOR LEASE
Office buildings
400 International Pkwy Heathrow, FL 32746
Individually Owned
~
Est. High Equity
Property ID
US18-5289050
For Lease
1 / 8
$850,000
400 International Pkwy, Heathrow, FL 32746
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1996
Construction
CONCRETE
Total area
104,580 SF
Lot
6.24 ac (271,814 SF)
APN
07-20-30-300-005C-0000
UPID
US18-5289050
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
-
ASG IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Tom Feret, DPT Physician
-
Shirley D. Sotomayor, DPT Medical Clinic
-
Laura S. Indriso, PT Physician
-
Sharaya L. Yaegle, PT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Emmanuel Rivas
Emmanuel Rivas
since 2025
Last sale
$851,770
7 recorded transactions
Zoning & alternative use
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 Heathrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Heathrow 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $852k (Dec 26 2024)
Last sale anchor
$852k
Dec 26 2024
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
$8 / 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
$214,742
Tax year 2023
Assessed value
$16,136,302
Assessed 2023
Previous assessed
$16,136,302
+0.0% YoY
Effective rate
1.33%
On assessed value
Land market value
$2,247,902
Improvement market value
$13,888,400
Total market value
$16,136,302
Applied tax rate
1.0000
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 (MULTI-STORY)
Status
For Lease
Year built
1996
Construction
CONCRETE
Heating
NONE
Stories
4
Bathrooms
20
Total area
104,580 SF
Lot
6.24 ac (271,814 SF)
APN
07-20-30-300-005C-0000
UPID
US18-5289050
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
NONE
Stories
4
Bathrooms
20
Lot
6.24 ac
Current owner
From public records · entity-resolved
Emmanuel Rivas
Individual
Mailing address
18 SS DR, MANHASSET HL, NY 11040-2242
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2025
$969,990
Emmanuel Rivas
M I Homes Of Orlando LLC
Warranty Deed
$727,492 · Us Bank NA
Dec 26, 2024
$851,770
Sourav Sar
M I Homes Of Orlando LLC
Warranty Deed
$719,750 · M/i Financial LLC
Nov 6, 2024
$773,100
Nadim Zafar
M I Homes Of Orlando LLC
Warranty Deed
$579,700 · M/i Financial LLC
Oct 17, 2024
$780,390
Aung Thurain
M I Homes Of Orlando LLC
Warranty Deed
$624,312 · M/i Financial LLC
Nov 15, 2022
—
Seminole County
M I Homes Of Orlando LLC
Foreclosure
related
—
Jan 6, 2022
$21,590,000
Heathrow Portfolio Properties LLC
Hr Office Owner 2 LP
Special Warranty Deed
—
Jul 17, 2017
$17,100,000
Hr Office Owner 2 LP
Dra Of Clp Heathrow Orlando LLC
Grant Deed
—
Jun 20, 2007
—
Dra Of Clp Heathrow Orlando LLC
Colonial Realty
Grant Deed
$741,907,256 · Wells Fargo Bank
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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