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Property profile & analytics
FOR LEASE
Industrial properties
448 South Alafaya Trl Orlando, FL 32828
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1771669
For Lease
1 / 14
$42 SF/Yr
448 South Alafaya Trl, Orlando, FL 32828
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2006
Total area
2,434 SF
Lot
0.87 ac (37,736 SF)
Zoning code
P-D
APN
27-22-31-0041-01-080
UPID
US18-1771669
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$670k
Owner & transaction history
Dhn Attorneys Pa · 4 yrs held
Dhn Attorneys Pa
since 2021
Last sale
$640,000
4 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$810,000
+42.3%
Office building
$770,000
+35.1%
Commercial (general)
$730,000
+28.0%
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
$745,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
AUTO REPAIR, GARAGE
$810,000
Change: +42% · Conversion: Easy
OFFICE BUILDING
$770,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$730,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$620,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$505,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $640k (Dec 15 2021)
Last sale anchor
$640k
Dec 15 2021
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
$275 / 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
$6,588
Tax year 2023
Assessed value
$426,193
Assessed 2023
Previous assessed
$413,780
+3.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$85,239
Assessed improvement
$340,954
Land market value
$85,239
Improvement market value
$340,954
Total market value
$426,193
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Lease
Year built
2006
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
4
Total area
2,434 SF
Lot
0.87 ac (37,736 SF)
Zoning code
P-D
APN
27-22-31-0041-01-080
UPID
US18-1771669
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$810,000
OFFICE BUILDING
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$730,000
RETAIL STORES
Est. value
$620,000
WAREHOUSE, STORAGE
Est. value
$505,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
2006
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
4
Lot
0.87 ac
Current owner
From public records · entity-resolved
Dhn Attorneys Pa
Individual
Mailing address
3203 LAWTON RD STE #125, ORLANDO, FL 32803-2935
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 15, 2021
$640,000
Dhn Attorneys Pa
Gilbertos Business LLC
Warranty Deed
$326,000 · Zb NA
Apr 3, 2017
$490,000
Gilbertos Business LLC
Inlex Lc
Warranty Deed
—
Apr 27, 2010
$389,500
Inlex Lc
Alafaya Dev LLC
Warranty Deed
$270,000 · Reunion Bk/fl
—
—
Inlex Lc
—
Loan Modification
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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