New search
Property profile & analytics
FOR SALE
Office buildings
5068 W Colonial Dr Orlando, FL 32808
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3078093
For Sale
1 / 35
$2,500,000
5068 W Colonial Dr, Orlando, FL 32808
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1989
Total area
10,555 SF
Lot
0.26 ac (11,434 SF)
Zoning code
C-3
APN
30-22-29-9195-00-150
UPID
US18-3078093
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
-
Sunlight Home Center Department Store
-
Car-Boat-Property Donation Process Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$2.11M
Owner & transaction history
Wingto Investment LLC · 3 yrs held
Wingto Investment LLC
since 2023
Last sale
$2.1M
3 recorded transactions
Zoning & alternative use
C-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+33.8%
Industrial (general)
$2.5M
+23.4%
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
$2,030,000
ML approach
$2,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,005,000
Current use
RETAIL STORES
$2,685,000
Change: +34% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,475,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,870,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,640,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±10% · vs last sale $2.10M (Mar 1 2023)
Last sale anchor
$2.10M
Mar 1 2023
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
$199 / 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
$17,195
Tax year 2023
Assessed value
$1,213,825
Assessed 2023
Previous assessed
$1,055,500
+15.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$242,765
Assessed improvement
$971,060
Land market value
$242,765
Improvement market value
$971,060
Total market value
$1,213,825
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
20
Total area
10,555 SF
Lot
0.26 ac (11,434 SF)
Zoning code
C-3
APN
30-22-29-9195-00-150
UPID
US18-3078093
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Orlando, FL
Zoning C-3 · permitted uses
C-3 · 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
OFFICE BUILDING Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1989
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
20
Lot
0.26 ac
Current owner
From public records · entity-resolved
Wingto Investment LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7129 HIAWASSEE OVERLOOK DR, ORLANDO, FL 32835-1700
Ownership since
2023
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
Mar 1, 2023
$2,100,000
Wingto Investment LLC
Ctw Formosa LLC
Warranty Deed
—
Feb 6, 2007
$1,470,000
Ctw Formosa LLC
Pang,wai K
Warranty Deed
—
Feb 6, 2007
$850,000
Wai K Pang
Chinatown Dev LLC
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
