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Property profile & analytics
FOR SALE
Warehouses
5515 South Orange Ave, Pinecastle, FL 32809
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4203090
For Sale
1 / 9
$1,000,000
5515 South Orange Ave, Pinecastle, FL 32809
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
5,814 SF
Lot
0.3 ac (12,881 SF)
Zoning code
ECD
APN
24-23-29-7332-00-050
UPID
US18-4203090
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
$635k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$368k
Blend (final)
Blend
$590k
Owner & transaction history
Conway Fitness Group LLC · 3 yrs held
Conway Fitness Group LLC
since 2022
Last sale
$400,000
2 recorded transactions
Zoning & alternative use
ECD · Edgewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pinecastle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinecastle 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
$805,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $400k (Jul 19 2022)
Last sale anchor
$400k
Jul 19 2022
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
$101 / 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
$6,957
Tax year 2023
Assessed value
$403,651
Assessed 2023
Previous assessed
$462,187
-12.7% YoY
Effective rate
1.72%
On assessed value
Assessed land
$94,933
Assessed improvement
$308,718
Land market value
$94,933
Improvement market value
$308,718
Total market value
$403,651
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
For Sale
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
5,814 SF
Lot
0.3 ac (12,881 SF)
Zoning code
ECD
APN
24-23-29-7332-00-050
UPID
US18-4203090
Jurisdiction
ORANGE
Zoning & alternative use
ECD · Edgewood, FL
Zoning ECD · permitted uses
ECD · Edgewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Conway Fitness Group LLC
Entity
Mailing address
4621 SHELDRAKE DR, ORLANDO, FL 32812-7551
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 19, 2022
$400,000
Conway Fitness Group LLC
Renee R Blanton
Warranty Deed
$360,000 · Bassett Farms And Forestry LLC
—
—
Jeffrey A Blanton
—
Deed Of Trust
related
$136,990 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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