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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Retail space
49 Orange Ave, Orlando, FL 32801-2425
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3989882
Property summary
AI-generated overview
This exceptional two-story retail building, totaling 4,380 square feet, is situated at 49 N Orange Avenue in the vibrant heart of Downtown Orlando. Built in 1923, the property boasts a 100% occupancy rate with two established tenants, The Woods and La Rosa, currently operating under leases expiring in April 2025. The building is zoned AC-3A/T/HP and offers a compelling investment opportunity with an asking price of $2,900,000 ($662.10 per square foot). Its prime location provides unparalleled visibility and accessibility, with direct Orange Avenue frontage. The property benefits from excellent walkability to a wide array of restaurants, retail shops, and premier entertainment venues including the Beacham, Kia Center, Dr. Phillips Center, and Inter&Co Stadium. Furthermore, it enjoys convenient access to major transportation arteries such as Interstate-4, SR 408, Orange Blossom Trail, and Colonial Drive. This multi-tenant property presents a rare chance to acquire a thriving commercial asset in one of Orlando's most desirable locations. The remaining lease term is approximately 0.8 years.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
4,380 SF
Lot
0.06 ac (2,821 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7352-29-031
UPID
US18-3989882
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
-
The Woods Bar & Pub
-
La Rosa Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.26M
Owner & transaction history
FRANK SCARITO SALVATORE R FERNANDEZ
FRANK SCARITO SALVATORE R FERNANDEZ
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+39.9%
Auto repair, garage
$1.5M
+31.2%
Office building
$1.4M
+23.1%
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%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,115,000
Current use
COMMERCIAL (GENERAL)
$1,560,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,460,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,370,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$910,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$287 / 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
$15,794
Tax year 2023
Assessed value
$1,036,367
Assessed 2023
Previous assessed
$957,416
+8.2% YoY
Effective rate
1.52%
On assessed value
Assessed land
$355,841
Assessed improvement
$680,526
Land market value
$355,841
Improvement market value
$680,526
Total market value
$1,036,367
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
13
Total area
4,380 SF
Lot
0.06 ac (2,821 SF)
Zoning code
AC-3A/T/HP
APN
26-22-29-7352-29-031
UPID
US18-3989882
Jurisdiction
ORANGE
Zoning & alternative use
AC-3A/T/HP · Orlando, FL
Zoning AC-3A/T/HP · permitted uses
AC-3A/T/HP · 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
RETAIL STORES Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$910,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1923
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
13
Lot
0.06 ac
Current owner
From public records · entity-resolved
FRANK SCARITO SALVATORE R FERNANDEZ
Individual
Free & Clear · 0 yrs held
Mailing address
136 WOODMILL RD, LONGWOOD, FL 32779-4964
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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