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

    6000 Discovery Cv Way Orlando, FL 32821-6000

    • Amusement parks
    • 10,088 SF
    • 43.29 lot acres
    OFF-MARKET
    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3827586
    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

    • Laguna Grill / Buffet Restaurant
    • The Grand Reef / Tourist Attraction
    • Discovery Cove Entrance / Tourist Attraction
    • Discovery cove / Park
    • Dolphin Lagoon / Tourist Attraction

    Property Details for 6000 Discovery Cv Way

    Year built
    2000
    Lot size
    43.29 lot acres
    Property size
    10,088 SF
    Zone code
    P-D
    Property type
    Amusement parks
    APN
    13-24-28-6283-00-050
    APU
    132428628300050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,408,000
      Market price range: $417k - $2.41M

    • Alternative Use

      Use
      Estimation
      RECREATIONAL/ENTERTAINMENT (GENERAL)
      $1,140,000
      Current use
      COMMERCIAL (GENERAL)
      $2,185,000
      Change: +91% Conversion: Difficult
      OFFICE BUILDING
      $1,250,000
      Change: +10% Conversion: Difficult
      RESTAURANT
      $1,250,000
      Change: +10% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,195,000
      Change: +5% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,155,000
      Change: +1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4624
    Latitude
    28.4051
    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
    $785,493
    $31,899,968
    $16,963,803
    $48,863,771
    -
    $31,899,968
    $16,963,803
    $48,863,771

    Comparable in this City

    • Value Estimation
      $680,000
      2,285 SF

      7007 Sea Hbr Dr

      AMUSEMENT PARK • 2,285 SF
      7007 Sea Hbr Dr, Orlando, FL 32821-8009
      View Details
    • Value Estimation
      $330,000
      633 SF

      World Dr

      AMUSEMENT PARK • 633 SF
      World Dr, Bay Lake, FL 32821
      View Details
    • Value Estimation
      $1,730,000
      160,879 SF

      Floridian Way

      AMUSEMENT PARK • 160,879 SF
      Floridian Way, Bay Lake, FL 32821
      View Details
    • Value Estimation
      $855,000
      20,092 SF

      12001 Avenida Verde

      GOLF COURSE • 20,092 SF
      12001 Avenida Verde, Orlando, FL 32821-7071
      View Details
    • Value Estimation
      $440,000
      54.93 Acres

      Floridian Way

      GOLF COURSE • 54.93 Acres
      Floridian Way, Bay Lake, FL 32821
      View Details
    • Value Estimation by Request

      Lk St & Regency Vlg Dr

      Lifestyle centers
      0 Lk St & Regency Vlg Dr, Orlando, FL 32821
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.39 Acres

      International Drive Commercial Land

      1.39 Acres, Prime Orlando Location
      12615 International Dr, Orlando, FL 32821
      View Details
    • $210,000
      1.17 Acres

      Prime Orlando Land Opportunity

      Spacious lot in Orlando with development potential for residential or commercial.
      S Apopka Vineland Rd, Orlando, FL 32821
      View Details
    • $450,000
      1.29 Acres

      Orlando Land Parcel For Sale

      1.29 acre land parcel in Orlando, future development potential.
      Sr-535, Orlando, FL 32821
      View Details
    • $645,000
      2.58 Acres

      Orlando Land For Future Development

      2.58 acres of land for future development in Orlando.
      Apopka Vineland Rd, Orlando, FL 32821
      View Details
    • $175,000

      Orlando Land For Sale

      Commercial land available in Orlando, Florida.
      8101 Resort Village Dr, Orlando, FL 32821
      View Details
    • $115,000

      Land For Sale Orlando

      Commercial land available in Orlando, Florida.
      6324 Parc Corniche Dr, Orlando, FL 32821
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land on International Drive

      1.39 acres available for ground lease on International Drive.
      12615 International Dr, Orlando, FL 32821
      View Details
    • Contact for pricing
      1,500 SF

      Grocery Anchored Shopping Center Space

      Retail space in tourist area near Vineland Premium Outlets.
      8111-8155 Vineland Ave, Orlando, FL 32821
      View Details
    • Contact for pricing
      13,838 SF

      Single-Story Office Building For Rent

      Single-story office building with modern amenities available for lease.
      6750 Forum Dr, Orlando, FL 32821
      View Details
    • $35 SF/Yr
      13,600 SF

      Westwood Center: Prime Orlando Location

      Medical/Office Space Available; I-4 Corridor
      6427 Westwood Blvd, Orlando, FL 32821
      View Details
    • Contact for pricing
      6,400 SF

      Retail Space on International Drive

      Retail space available in Orlando's tourist corridor.
      11701 International Dr, Orlando, FL 32821
      View Details
    • Contact for pricing
      3,575 SF

      Single-Story Office Space Available

      Single-story office building with modern amenities for lease.
      6751 Forum Dr, Orlando, FL 32821
      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.
    6000 Discovery Cv Way
    Orlando, FL 32821-6000
    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.