Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5905 Tomoka Dr Orlando, FL 32809-4738

    • Investment properties
    • 1,320 SF
    • 0.31 lot acres
    OFF-MARKET
    Last Sale
    Mar 03, 2025
    $320,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3134355
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Knockout Barbershop / Barber Shop / Hair Salon
    • Makuin Trenza / Hair Salon

    Property Details for 5905 Tomoka Dr

    Year built
    1953
    Lot size
    0.31 lot acres
    Property size
    1,320 SF
    Zone code
    P-O
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    22-23-29-7268-79-001
    APU
    222329726879001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3938
    Latitude
    28.4723
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,697
    $113,081
    $119,987
    $233,068
    -
    $113,081
    $119,987
    $233,068

    Comparable in this City

    • Value Estimation by Request
      992 SF

      420 Lancaster Rd

      STORE/OFFICE (MIXED USE) • 992 SF
      420 Lancaster Rd, Orlando, FL 32809-4917
      View Details
    • Value Estimation
      $950,000
      3,962 SF

      8021 Orange Ave

      STORE/OFFICE (MIXED USE) • 3,962 SF
      8021 Orange Ave, Orlando, FL 32809-6711
      View Details
    • Value Estimation by Request
      1,609 SF

      1200 Waltham Ave

      STORE/OFFICE (MIXED USE) • 1,609 SF
      1200 Waltham Ave, Belle Isle, FL 32809-4252
      View Details
    • Value Estimation by Request
      1,269 SF

      709 Oak Rdg Rd

      STORE/OFFICE (MIXED USE) • 1,269 SF
      709 Oak Rdg Rd, Orlando, FL 32809-4882
      View Details
    • Value Estimation
      $900,000
      4,284 SF

      1005 Oak Rdg Rd

      STORE/OFFICE (MIXED USE) • 4,284 SF
      1005 Oak Rdg Rd, Orlando, FL 32809-4722
      View Details
    • Value Estimation by Request
      2,780 SF

      414 Oak Rdg Rd

      STORE/OFFICE (MIXED USE) • 2,780 SF
      414 Oak Rdg Rd, Orlando, FL 32809-4044
      View Details

    Similar Nearby for Sale

    • $365,000
      1,312 SF

      Orlando Mixed-Use Investment Opportunity

      High-potential, 1,312 sq ft mixed-use property.
      Orlando, FL 32809
      View Details
    • $1,500,000
      2,251 SF

      Versatile Mixed-Use Property Near Airport

      C-1 zoned property suitable for live/work or investment.
      8027 S Orange Ave, Orlando, FL 32809
      View Details
    • $3,200,000
      0.81 Acres

      Orlando Multi-Tenant Retail Complex

      High-traffic location, strong NOI, excellent investment.
      827 Lancaster Rd, Orlando, FL 32809
      View Details
    • $1,495,000
      850 SF

      Orlando Jiffy Lube Investment

      High-growth, NNN-leased Jiffy Lube.
      6034 Orange Blossom Trl, Orlando, FL 32809
      View Details
    • $1,255,000
      2.31 Acres

      Prime Orlando Development Land

      2.31 Acres, Approved Permits
      1205 Nela Ave, Orlando, FL 32809
      View Details
    • Contact for pricing
      5,632 SF

      Retail Space Available For Sale

      Retail space for sale at 2293 W Sand Lake Rd.
      2293 W Sand Lake Rd, Orlando, FL 32809
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      12,000 SF

      Orlando Mixed-Use Commercial Space

      Versatile commercial space with general commercial zoning in Orlando, Florida.
      1400 Jordan Ave, Orlando, FL 32809
      View Details
    • $16 SF/Yr
      146,000 SF

      Commerce Point: Orlando Flex Space

      Orlando flex space, 10 units available.
      7550 Southland Blvd, Orlando, FL 32809
      View Details
    • $53 SF/Yr
      3,150 SF

      Restaurant Space on Orange Blossom Trail

      High-visibility restaurant/commercial space for lease on South Orange Blossom Trail.
      7155 S Orange Blossom Trl, Orlando, FL 32809
      View Details
    • Contact for pricing
      4,442 SF

      Retail Space Near Florida Mall

      Retail space available in high-traffic Orlando location.
      7855-7935 S Orange Blossom Trl, Orlando, FL 32809
      View Details
    • $25 SF/Yr
      1,277 SF

      Office Space with Ample Parking

      Air-conditioned office space with parking, signage, and security.
      8251-8257 Presidents Dr, Orlando, FL 32809
      View Details
    • $37 SF/Yr
      4,353 SF

      Class A Office Space Available

      Luxury office building in Dr. Phillips area for lease.
      7343 W Sand Lake Rd, Orlando, FL 32809
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5905 Tomoka Dr
    Orlando, FL 32809-4738
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.