Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    404 Lakeview Rd Winter Garden, FL 34787-3041
    Back to Search
    Property profile & analytics

    404 Lakeview Rd, Winter Garden, FL 34787-3041

    View on Map
    • Assisted living facilities
    • 18,153 SF
    • 9.04 lot acres
    Off-Market
    Property ID
    US18-5342677
    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.
    Value Estimations
    $2,215,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 404 Lakeview Rd

    Year built
    1999
    Lot size
    9.04 lot acres
    Zone code
    R-2
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    22-22-27-0000-00-010
    APU
    222227000000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 3, 2017 — Winter Garden Propco LLC Cbc Winter Park LLC Special Warranty Deed —
    Sep 9, 2005 $5,800,000 Cbc Winter Park LLC Central Florida Ec Warranty Deed $60M · General Electric Capital Corp
    May 28, 1999 — Central Florida Ec LP James Development Firm Fl INC Grant Deed $5M · Stearns Bank NA
    Aug 12, 1998 $240,000 James Development Firm Florida Bell,james C Grant Deed · related —
    — — Winter Garden Propco LLC — Loan Modification · related —
    — — Winter Garden Propco LLC — Deed Of Trust · related $17M · Locust Pt Pvt Credit Fund LP
    — — Cbc Winter Park LLC — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,775,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,658,000
      Market price range: $381k - $2.66M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $1,415,000
      Current use
      OFFICE BUILDING
      $2,855,000
      Change: +102% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,475,000
      Change: +75% Conversion: Difficult
      RESTAURANT
      $2,405,000
      Change: +70% Conversion: Difficult
      RETAIL STORES
      $2,375,000
      Change: +68% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,155,000
      Change: +52% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Garden
    County
    Orange
    State
    Florida
    Longitude
    -81.6043
    Latitude
    28.5614
    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
    $115,252
    $678,000
    $7,994,935
    $8,672,935
    -
    $678,000
    $7,994,935
    $8,672,935

    Comparable in this City

    • Value Estimation
      $2,595,000
      39,610 SF

      720 Roper Rd

      HOMES (RETIRED, NURSING)
      720 Roper Rd, Winter Garden, FL 34787-5017
      View Details
    • Value Estimation
      $6,140,000
      87,619 SF

      4814 Hamlin Grvs Trl

      HOMES (RETIRED, NURSING)
      4814 Hamlin Grvs Trl, Winter Garden, FL 34787-4170
      View Details
    • Value Estimation
      $36,590,000
      151,838 SF

      420 Roper Rd

      HOMES (RETIRED, NURSING)
      420 Roper Rd, Winter Garden, FL 34787-5039
      View Details
    • Value Estimation
      $3,530,000
      37,052 SF

      411 Dillard St

      HOMES (RETIRED, NURSING)
      411 Dillard St, Winter Garden, FL 34787-2816
      View Details
    • Value Estimation
      $15,180,000
      48,858 SF

      15204 Colonial Dr

      HOMES (RETIRED, NURSING)
      15204 Colonial Dr, Winter Garden, FL 34787-6042
      View Details
    • Value Estimation by Request
      11.59 Acres

      16200 Ascend Vlg Ln

      Restaurants
      16200 Ascend Vlg Ln, Winter Garden, FL 34787
      View Details

    Similar Nearby for Sale

    • $160,000
      2,638 SF

      Established Salon in Winter Garden

      Turnkey beauty salon for sale in high-traffic Winter Garden location.
      120 S Dillard St, Winter Garden, FL 34787
      View Details
    • Contact for pricing
      15,200 SF

      Hamlin Medical Office Opportunity

      New medical office buildings in growing Hamlin/Horizon West submarket.
      4 Porter Rd, Winter Garden, FL 34787
      View Details
    • Contact for pricing
      2,638 SF

      Established Salon in Winter Garden

      Turnkey salon business for sale in high-traffic Winter Garden.
      120 S Dillard St, Winter Garden, FL 34787
      View Details
    • Contact for pricing

      Oakland Commercial Building For Sale

      Premier commercial building with customizable interior in a growing area.
      134 Southern Railway, Oakland, FL 34787
      View Details
    • $59,000
      0.10 Acres

      Land in Downtown Winter Garden

      Parcel in downtown Winter Garden with excellent location.
      764 Klondike St, Winter Garden, FL 34787
      View Details
    • Contact for pricing

      Prime Orange County Estate Site

      Exceptional 10-acre estate property with panoramic views in Winter Garden.
      17902 Seidner Rd, Winter Garden, FL 34787
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Salon/Barber Ready Room

      Move-in ready salon/barber room in high-traffic location.
      595 9Th St, Winter Garden, FL 34787
      View Details
    • Contact for pricing
      16,000 SF

      New Winter Garden Retail/Office Space

      New two-story building near downtown Winter Garden and West Orange Trail.
      950 S Dillard St, Winter Garden, FL 34787
      View Details
    • $12,000 /Mo
      1,204 SF

      Salon/Barber Ready-to-Use Space

      Equipped salon/barber space in high-traffic Winter Garden location.
      595 9Th St, Winter Garden, FL 34787
      View Details
    • Contact for pricing

      Renovated Freestanding Single Tenant Building

      Recently renovated building with excellent access and signage opportunities.
      13040 W Colonial Dr, Winter Garden, FL 34787
      View Details
    • Contact for pricing

      Prime Retail Location on Colonial

      Located on a major retail corridor with high traffic.
      14134 W Colonial Dr, Winter Garden, FL 34787
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    404 Lakeview Rd
    Winter Garden, FL 34787-3041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    404 Lakeview Rd, Winter Garden, FL, 34787
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!