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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Warehouses
4603 Colonial Dr Orlando, FL 32808-8158
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-4621853
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
10,200 SF
Lot
85.97 ac (3,744,853 SF)
Zoning code
P/W
APN
20-22-29-1230-00-010
UPID
US18-4621853
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
-
West Colonial Flea Market Restaurant-Grabngo concessions Restaurant
-
Sandfire Sling Department Store
-
La Costeñita, Mexican FoodTruck Restaurant
-
Soccer field Gym & Fitness Center Sports Field & Court
-
Orlando Amphitheater Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.11M
Owner & transaction history
Central Florida Fair INC · 9 yrs held
Central Florida Fair INC
since 2017
2 recorded transactions
Zoning & alternative use
P/W · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Public Use Wekiva
General category
UNKNOWN
Zone area
416.32 ac
Source
Realmo
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
$1,190,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,810,000
Current use
COMMERCIAL (GENERAL)
$1,585,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$109 / 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
Assessed value
$11,713,878
Assessed 2023
Previous assessed
$11,113,516
+5.4% YoY
Assessed land
$3,538,664
Assessed improvement
$8,175,214
Land market value
$3,538,664
Improvement market value
$8,175,214
Total market value
$11,713,878
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
11
Stories
1
Rooms
28
Total area
10,200 SF
Lot
85.97 ac (3,744,853 SF)
Zoning code
P/W
APN
20-22-29-1230-00-010
UPID
US18-4621853
Jurisdiction
ORANGE
Zoning & alternative use
P/W · Orlando, FLZoning P/W · permitted uses
P/W · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Public Use Wekiva
General category
UNKNOWN
Zone area
416.32 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (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
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
11
Rooms
28
Lot
85.97 ac
Current owner
From public records · entity-resolved
Central Florida Fair INC
Entity
Mailing address
4603 W COLONIAL DR, ORLANDO, FL 32808-8158
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
Central Florida Fair INC
—
Deed
related
$500,000 · Seacoast Nat'l Bk
—
—
Central Florida Fair INC
—
Loan Modification
related
$500,000 · Seacoast Nat'l 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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