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Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Distribution centers
4654 35th St Orlando, FL 32811-6521
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4782679
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1988
Total area
21,808 SF
Lot
1.7 ac (74,250 SF)
Zoning code
I-P
APN
08-23-29-8628-00-610
UPID
US18-4782679
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
-
Orange County Office of the Medical Director County Government Office
-
Orange County EMS Warehouse County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.51M
Blend (final)
Blend
$4.40M
Owner & transaction history
Orange Cnty Fl · 5 yrs held
Orange Cnty Fl
since 2020
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
I-P · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.3M
+44.4%
Office building
$6.9M
+37.1%
Commercial (general)
$6.5M
+30.0%
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
$5,915,000
ML approach
$5,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,035,000
Current use
AUTO REPAIR, GARAGE
$7,275,000
Change: +44% · Conversion: Easy
OFFICE BUILDING
$6,905,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,545,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$5,545,000
Change: +10% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,115,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±10% · vs last sale $4.40M (Dec 7 2020)
Last sale anchor
$4.40M
Dec 7 2020
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
$202 / 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
$1,966
Tax year 2023
Assessed value
$3,730,605
Assessed 2023
Previous assessed
$4,076,642
-8.5% YoY
Effective rate
0.05%
On assessed value
Assessed land
$573,210
Assessed improvement
$3,157,395
Land market value
$573,210
Improvement market value
$3,157,395
Total market value
$3,730,605
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
1988
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
2
Total area
21,808 SF
Lot
1.7 ac (74,250 SF)
Zoning code
I-P
APN
08-23-29-8628-00-610
UPID
US18-4782679
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
$5.0M
AUTO REPAIR, GARAGE
Est. value
$7.3M
OFFICE BUILDING
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.5M
RETAIL STORES
Est. value
$5.5M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1988
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
2
Lot
1.7 ac
Current owner
From public records · entity-resolved
Orange Cnty Fl
Individual
Mailing address
PO BOX 1393, ORLANDO, FL 32802-1393
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2020
$4,395,000
Orange Cnty Fl
Designshop Properties LLC
Grant Deed
—
Oct 31, 2012
—
Designshop Properties LLC
—
Trustees Deed
related
$300,000 · Bankfirst
Sep 20, 2012
—
Designshop Display Communicati
—
Trustees Deed
related
$300,000 · Bankfirst
May 19, 2004
$1,060,000
Designshop Properties LLC
Gerlando Holdings INC
Grant Deed
$540,000 · Wachovia Commercial Mortgage
—
—
Designshop Properties LLC
—
Loan Modification
related
$1,593,378 · Bankfirst
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$190,080 · Bankfirst
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$1,020,000 · Bankfirst
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$518,302 · First Commercial Bank Florida
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$397,085 · First Commercial Bank Florida
—
—
Designshop Properties LLC
—
Loan Modification
related
$300,000 · Bankfirst
—
—
Designshop Properties LLC
—
Loan Modification
related
$200,000 · Seacoast Nat'l Bk
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$486,000 · Regions Bank
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$250,000 · Regions Bank
—
—
Designshop Properties LLC
—
Deed Of Trust
related
$374,000 · Regions Bank
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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