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Property profile & analytics
OFF-MARKET
Estimated value
$8,710,000
Distribution centers
4240 L B Mcleod Rd Orlando, FL 32811-5680
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3839348
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1981
Total area
60,951 SF
Lot
4.05 ac (176,386 SF)
Zoning code
I-P
APN
08-23-29-8626-00-030
UPID
US18-3839348
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
-
Global Public Safety-Orlando Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.36M
Comparable Approach
Comparable
$9.80M
Blend (final)
Blend
$8.71M
Owner & transaction history
Orlando 42404288 Properties Bk67 Ll · 1 yrs held
Orlando 42404288 Properties Bk67 Ll
since 2025
Last sale
$11.6M
3 recorded transactions
Zoning & alternative use
I-P · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$14.3M
+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%
$6,890,000
6.5%
$6,360,000
7%
$5,905,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,075,000
Current use
INDUSTRIAL (GENERAL)
$14,290,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$8.71M
Range $7.84M – $9.58M · ±10% · vs last sale $11.58M (Mar 10 2025)
Last sale anchor
$11.58M
Mar 10 2025
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
$143 / 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
$71,825
Tax year 2023
Assessed value
$4,135,894
Assessed 2023
Previous assessed
$4,422,282
-6.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,236,464
Assessed improvement
$2,899,430
Land market value
$1,236,464
Improvement market value
$2,899,430
Total market value
$4,135,894
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
1981
Heating
NONE
Cooling
NONE
Stories
1
Rooms
2
Total area
60,951 SF
Lot
4.05 ac (176,386 SF)
Zoning code
I-P
APN
08-23-29-8626-00-030
UPID
US18-3839348
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
$14.1M
INDUSTRIAL (GENERAL)
Est. value
$14.3M
WAREHOUSE, STORAGE Current
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
1981
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Lot
4.05 ac
Current owner
From public records · entity-resolved
Orlando 42404288 Properties Bk67 Ll
Entity
Free & Clear · 1 yrs held
Mailing address
2 N RIVERSIDE PLZ STE #2350, CHICAGO, IL 60606-2617
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
$11,581,400
Orlando 42404288 Properties Bk67 Ll
Icon Fl Orlando Industrial Owner Po
Special Warranty Deed
—
Oct 3, 2019
—
Icon Fl Orlando Indl Owner Po
—
Loan Modification
related
$1,550,000,000 · Deutsche Bk Ag/ny Branch
Dec 1, 2010
$3,269,619
Bre/fl Orlando Industrial Propertie
Prologis
Special Warranty Deed
$514,000,000 · Wells Fargo Bank NA
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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