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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Warehouses
5644 Commerce Dr Edgewood, FL 32839-2962
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5204512
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
16,143 SF
Lot
0.85 ac (37,064 SF)
Zoning code
C-3
APN
24-23-29-5533-00-180
UPID
US18-5204512
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
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$1.56M
Owner & transaction history
5644 Commerce Wolters LLC · 7 yrs held
5644 Commerce Wolters LLC
since 2018
1 recorded transaction
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,825,000
6.5%
$1,685,000
7%
$1,565,000
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$96 / 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
$19,127
Tax year 2023
Assessed value
$1,296,695
Assessed 2023
Previous assessed
$1,212,783
+6.9% YoY
Effective rate
1.48%
On assessed value
Assessed land
$234,243
Assessed improvement
$1,062,452
Land market value
$234,243
Improvement market value
$1,062,452
Total market value
$1,296,695
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
1989
Heating
NONE
Cooling
NONE
Stories
1
Rooms
3
Total area
16,143 SF
Lot
0.85 ac (37,064 SF)
Zoning code
C-3
APN
24-23-29-5533-00-180
UPID
US18-5204512
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
1989
Heating
NONE
Cooling
Yes
Stories
1
Rooms
3
Lot
0.85 ac
Current owner
From public records · entity-resolved
5644 Commerce Wolters LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6511 PINECASTLE BLVD, ORLANDO, FL 32809-6671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2018
—
5644 Commerce Wolters LLC
Wolters,terry L & Pamela R
Quit Claim Deed
related
—
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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