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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Retail space

421 Fairbanks Ave Winter Park, FL 32789-5024

3,534 SF 0.22 ac lot Built 1925
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-2662545
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 3,534 SF
Lot 0.22 ac (9,754 SF)
Zoning code C-3
APN 07-22-30-9404-75-161
UPID US18-2662545
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
  • Heaton Stuart A Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$852k
Blend (final) Blend
$1.17M
Owner & transaction history
Global 421 LLC · 2 yrs held
Global 421 LLC
since 2023
Last sale
$1.3M
5 recorded transactions
2023
$1.3M
2014
$103,700
2006
$680,600
2005
$862,500
1969
Price N/A
Zoning & alternative use
C-3 · Winter Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 58-76. - Commercial (C-3) district. (a) Purpose and intent. (1) Certain areas of the city along arterial and collector roadways have developed and are being redeveloped as highway-oriented commercial areas. The purpose of this district is to provide areas for this type of use and to provide regulations which enhance the convenience of use of these build…

Zone name Commercial
General category COMMERCIAL
Zone area 326.25 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $1.6M +45.1%
Office building $1.4M +32.5%
Auto repair, garage $1.2M +9.8%
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