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Property profile & analytics
OFF-MARKET
Estimated value
$7,540,000
Distribution centers
4102 L B Mcleod Rd Orlando, FL 32811-5681
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1134197
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1984
Total area
45,938 SF
Lot
4.52 ac (196,870 SF)
Zoning code
I-P
APN
08-23-29-8629-00-020
UPID
US18-1134197
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
-
City Electric Supply Orlando Central Building Supply Electrical Service
-
West Park - Bldg 4 Warehouse & Storage
-
Complete Health Management Physician
-
Artificial Turf Factory Outlet Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
General Insulation Company, Inc. Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.80M
Comparable Approach
Comparable
$7.12M
Blend (final)
Blend
$7.54M
Owner & transaction history
Ch Realty IV Of Westpark LLC · 19 yrs held
Ch Realty IV Of Westpark LLC
since 2007
4 recorded transactions
Zoning & alternative use
I-P · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.7M
+10.1%
Industrial (general)
$10.8M
+1.5%
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%
$5,195,000
6.5%
$4,795,000
7%
$4,450,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,610,000
Current use
RETAIL STORES
$11,680,000
Change: +10% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$10,770,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$7.54M
Range $6.79M – $8.29M · ±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
$164 / 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
$136,868
Tax year 2023
Assessed value
$6,970,999
Assessed 2023
Previous assessed
$7,623,302
-8.6% YoY
Effective rate
1.96%
On assessed value
Assessed land
$1,179,379
Assessed improvement
$5,791,620
Land market value
$1,179,379
Improvement market value
$5,791,620
Total market value
$6,970,999
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1984
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
7
Total area
45,938 SF
Lot
4.52 ac (196,870 SF)
Zoning code
I-P
APN
08-23-29-8629-00-020
UPID
US18-1134197
Jurisdiction
ORANGE
Zoning & alternative use
I-P · Orlando, FL
Zoning I-P · permitted uses
I-P · 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
WAREHOUSE, STORAGE Current
Est. value
$10.6M
RETAIL STORES
Est. value
$11.7M
INDUSTRIAL (GENERAL)
Est. value
$10.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (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
1984
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
7
Lot
4.52 ac
Current owner
From public records · entity-resolved
Ch Realty IV Of Westpark LLC
Entity
Free & Clear · 19 yrs held
Mailing address
450 PARK AVE FL #9, NEW YORK, NY 10022-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Sep 22, 2021
—
Fl West Park De LLC
—
Deed
related
—
Apr 27, 2020
—
West Park Owner LLC
—
Deed
related
$589,300,000 · Jp Morgan Chase Bk
Feb 2, 2007
$32,200,000
Ch Realty IV Of Westpark LLC
Buckhead Industrial Props INC
Grant Deed
—
—
—
West Park Owner LLC
—
Loan Modification
related
$589,300,000 · Jp Morgan Chase Bk
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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