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Property profile & analytics
OFF-MARKET
Estimated value
$2,235,000
Strip malls
5600 Colonial Dr Orlando, FL 32808-7646
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-6290663
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
10,800 SF
Lot
5.97 ac (260,027 SF)
Zoning code
C-1
APN
30-22-29-0000-00-160
UPID
US18-6290663
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
-
Colonial Corners Shopping Center Shopping Center & Mall
-
Macdroid Store Mobile Phone Store Electronics & Wireless Store
-
Formosan Garden Restaurant
-
Golden Sparkling Plaza (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
Amazon hub center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
Golden Sparkling LLC · 11 yrs held
Golden Sparkling LLC
since 2014
2 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+172.5%
Restaurant
$1.7M
+134.9%
Office building
$1.6M
+119.0%
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
by Request
ML approach
$2,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,980,000
Change: +173% · Conversion: Easy
RESTAURANT
$1,710,000
Change: +135% · Conversion: Difficult
OFFICE BUILDING
$1,595,000
Change: +119% · Conversion: Moderate
Blend value · Realmo final
$2.24M
Range $2.01M – $2.46M · ±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
$207 / 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
$76,347
Tax year 2023
Assessed value
$4,990,058
Assessed 2023
Previous assessed
$4,432,231
+12.6% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,549,760
Assessed improvement
$3,440,298
Land market value
$1,549,760
Improvement market value
$3,440,298
Total market value
$4,990,058
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Rooms
38
Total area
10,800 SF
Lot
5.97 ac (260,027 SF)
Zoning code
C-1
APN
30-22-29-0000-00-160
UPID
US18-6290663
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Orlando, FL
Zoning C-1 · permitted uses
C-1 · 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
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
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
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
38
Lot
5.97 ac
Current owner
From public records · entity-resolved
Golden Sparkling LLC
Entity
Mailing address
5600 W COLONIAL DR STE #306, ORLANDO, FL 32808-7655
Ownership since
2014
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
Sep 23, 2019
—
Golden Sparkling LLC
—
Grant Deed
related
$4,600,000 · Amerasia Bk
Dec 22, 2014
$4,900,000
Golden Sparkling LLC
Colonial Corners Investments LLC
Special Warranty Deed
$2,940,000 · Valley National 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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