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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
5500 Commerce Dr Edgewood, FL 32839-2974
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-4427591
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
7,056 SF
Lot
0.49 ac (21,200 SF)
Zoning code
C-3
APN
24-23-29-5533-00-040
UPID
US18-4427591
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
$505k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$590k
Owner & transaction history
Conway Industrial LLC
Conway Industrial LLC
since 2025
2 recorded transactions
Zoning & alternative use
C-3 · Edgewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-3 zone is to provide lands and structures which, by their use and location, are especially adapted to the conduct of the business of the wholesale distribution, storage and indoor light manufacturing. Such lands are conveniently located to principal thoroughfares and railroads
Zone name
Wholesale Commercial
General category
INDUSTRIAL
Zone area
67.24 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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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
$505,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$735,000
7%
$685,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$84 / 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
$8,671
Tax year 2023
Assessed value
$703,619
Assessed 2023
Previous assessed
$659,575
+6.7% YoY
Effective rate
1.23%
On assessed value
Assessed land
$133,984
Assessed improvement
$569,635
Land market value
$133,984
Improvement market value
$569,635
Total market value
$703,619
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
1987
Heating
NONE
Cooling
NONE
Stories
1
Rooms
5
Total area
7,056 SF
Lot
0.49 ac (21,200 SF)
Zoning code
C-3
APN
24-23-29-5533-00-040
UPID
US18-4427591
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Edgewood, FLZoning C-3 · permitted uses
C-3 · Edgewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-3 zone is to provide lands and structures which, by their use and location, are especially adapted to the conduct of the business of the wholesale distribution, storage and indoor light manufacturing. Such lands are conveniently located to principal thoroughfares and railroads
Zone name
Wholesale Commercial
General category
INDUSTRIAL
Zone area
67.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
1
Rooms
5
Lot
0.49 ac
Current owner
From public records · entity-resolved
Conway Industrial LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6072 HIBISCUS RD, ORLANDO, FL 32807-3313
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 21, 2025
$1,100,000
Conway Industrial LLC
David A Eddy
Warranty Deed
—
—
—
David A Eddy
—
Deed Of Trust
related
$160,000 · Suntrust Bank NA
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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