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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
5801 Colonial Dr Orlando, FL 32808-7512
Entity Owned
~
Est. High Equity
Property ID
US18-5402298
Property summary
AI-generated overview
This freestanding retail building, located at 5801 W Colonial Dr, Orlando, FL 32808, offers 2,208 square feet of vacant space, priced at $1,270,000 ($575.18/sq ft). The property boasts excellent visibility and frontage on West Colonial Drive, a major East-West retail corridor with 44,000 AADT, situated at a lighted intersection with Hastings Street. Its C-1 zoning permits a variety of retail uses. The building benefits from a strong mix of neighboring businesses including Dunkin', Popeye's, Wendy's, McDonald's, and Aldi, ensuring high traffic and visibility. Convenient access to major thoroughfares like State Road 408, I-4 Express, and the Florida Turnpike further enhances its strategic location in the Pine Hills area of Orange County. The property is currently vacant, presenting a unique opportunity for immediate occupancy and customization to suit a variety of retail needs. This hard corner location offers exceptional exposure and accessibility for any business seeking a high-traffic, well-established retail environment.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
2,248 SF
Lot
0.49 ac (21,301 SF)
Zoning code
C-1
APN
24-22-28-6240-15-420
UPID
US18-5402298
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
$690k
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$650k
Owner & transaction history
Orange Heights Holdings LLC
Orange Heights Holdings LLC
since 2025
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$750,000
+75.5%
Retail stores
$570,000
+33.8%
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%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
AUTO REPAIR, GARAGE
$750,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +34% · Conversion: Moderate
WAREHOUSE, STORAGE
$400,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $900k (Jun 24 2025)
Last sale anchor
$900k
Jun 24 2025
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
$289 / 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
$12,578
Tax year 2023
Assessed value
$1,089,594
Assessed 2023
Previous assessed
$905,819
+20.3% YoY
Effective rate
1.15%
On assessed value
Assessed land
$426,017
Assessed improvement
$663,577
Land market value
$426,017
Improvement market value
$663,577
Total market value
$1,089,594
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
2005
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
7
Total area
2,248 SF
Lot
0.49 ac (21,301 SF)
Zoning code
C-1
APN
24-22-28-6240-15-420
UPID
US18-5402298
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
OFFICE BUILDING Current
Est. value
$425,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$400,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Lot
0.49 ac
Current owner
From public records · entity-resolved
Orange Heights Holdings LLC
Entity
Mailing address
20 N ORANGE AVE STE #1600, ORLANDO, FL 32801-4624
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
$900,000
Orange Heights Holdings LLC
Morgan Semoran Colonial LLC
Special Warranty Deed
$540,000 · B&b Capital Group 26 LLC
Mar 1, 2019
—
Morgan Semoran Colonial LLC
—
Grant Deed
related
$2,772,443 · Cogent Bk
Jan 3, 2019
$2,900,000
Morgan Semoran Colonial LLC
Fwk Realtors INC
Grant Deed
—
Jan 3, 2012
—
Fwk Realtors INC
—
Deed Of Trust
related
$2,103,780 · Republic Bank Chicago
Jul 9, 2003
$300,000
Fwk Realtors INC
Asbury Theological Seminary
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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