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Property profile & analytics
OFF-MARKET
Estimated value
$24,220,000
Office buildings
5600 Sand Lk Rd Orlando, FL 32819-8907
Entity Owned
20-yr Hold
Free & Clear
Property ID
US19-0820129
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
88,358 SF
Lot
270.51 ac (11,783,410 SF)
Zoning code
P-D
APN
31-23-29-0000-00-001
UPID
US19-0820129
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
-
Lockheed Martin Training Center Training Center
-
Starbucks Cafe & Coffee Shop
-
SunTrust ATM Atm
-
Lockheed Martin Visitor’s Center Corporate Office
-
Lockheed Martin MFC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.08M
Comparable Approach
Comparable
$26.57M
Blend (final)
Blend
$24.22M
Owner & transaction history
Lmc Properties INC · 20 yrs held
Lmc Properties INC
since 2005
3 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$29.5M
+8.7%
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%
$29,335,000
6.5%
$27,080,000
7%
$25,145,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$27,100,000
Current use
AUTO REPAIR, GARAGE
$29,470,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$26,515,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$23,720,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$22,465,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$24.22M
Range $21.80M – $26.64M · ±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
$274 / 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
$3,562,660
Tax year 2023
Assessed value
$240,701,012
Assessed 2023
Previous assessed
$240,701,012
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$22,148,899
Assessed improvement
$218,552,113
Land market value
$22,148,899
Improvement market value
$218,552,113
Total market value
$240,701,012
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
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Buildings
47
Stories
1
Rooms
1117
Total area
88,358 SF
Lot
270.51 ac (11,783,410 SF)
Zoning code
P-D
APN
31-23-29-0000-00-001
UPID
US19-0820129
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
$27.1M
AUTO REPAIR, GARAGE
Est. value
$29.5M
COMMERCIAL (GENERAL)
Est. value
$26.5M
WAREHOUSE, STORAGE
Est. value
$23.7M
RETAIL STORES
Est. value
$22.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
47
Rooms
1117
Lot
270.51 ac
Current owner
From public records · entity-resolved
Lmc Properties INC
Entity
Free & Clear · 20 yrs held
Mailing address
5600 W SAND LK RD, ORLANDO, FL 32819-8907
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Oct 4, 2005
—
Lmc Properties INC
Lockheed Martin Corp
Grant Deed
—
Jul 3, 2003
$2,354,700
Universal City Property Mgmt
Lockheed Martin Corp
Grant Deed
—
Dec 16, 1998
$48,137,000
Universal City Property Mgmt
Lockheed Martin Corp
Grant 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.
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