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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6817 Westwood Blvd Orlando, FL 32821-6009

    • Office buildings
    • 21,426 SF
    • 6.29 lot acres
    OFF-MARKET
    Value Estimations
    $6,050,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4954709
    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

    • Busch Properties Inc / Construction Company / General Contractor

    Property Details for 6817 Westwood Blvd

    Year built
    1973
    Lot size
    6.29 lot acres
    Property size
    21,426 SF
    Zone code
    P-D
    Property type
    Office buildings
    APN
    12-24-28-9249-00-010
    APU
    122428924900010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,115,000
      6.5%
      $6,565,000
      7%
      $6,095,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,572,000
      Market price range: $964k - $5.57M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $6,785,000
      Current use
      AUTO REPAIR, GARAGE
      $7,145,000
      Change: +5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,430,000
      Change: -5% Conversion: Easy
      RETAIL STORES
      $5,450,000
      Change: -20% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4728
    Latitude
    28.4124
    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
    $119,073
    $2,826,066
    $5,689,564
    $8,515,630
    -
    $2,826,066
    $5,689,564
    $8,515,630

    Comparable in this City

    • Value Estimation
      $2,575,000
      17,555 SF

      Crossland Dr

      OFFICE BUILDING (MULTI-STORY) • 17,555 SF
      Crossland Dr, Orlando, FL 32821
      View Details
    • Value Estimation
      $9,690,000
      45,443 SF

      13705 International S Dr

      OFFICE BUILDING (MULTI-STORY) • 45,443 SF
      13705 International S Dr, Orlando, FL 32821-5411
      View Details
    • Value Estimation by Request
      37 SF

      7102 Grand Horizons Blvd, Unit CU-5

      PROFESSIONAL BUILDING • 37 SF
      7102 Grand Horizons Blvd, Orlando, FL 32821-7378
      View Details
    • Value Estimation by Request
      1,196 SF

      5925 Avenida Vis

      PROFESSIONAL BUILDING • 1,196 SF
      5925 Avenida Vis, Orlando, FL 32821-7001
      View Details
    • Value Estimation
      $43,245,000
      127,615 SF

      6649 Westwood Blvd

      OFFICE BUILDING (MULTI-STORY) • 127,615 SF
      6649 Westwood Blvd, Orlando, FL 32821-8029
      View Details
    • Value Estimation
      $745,000
      3,061 SF

      12211 Regency Vlg Dr Ste, Unit 1

      PROFESSIONAL BUILDING • 3,061 SF
      12211 Regency Vlg Dr Ste, Orlando, FL 32821-7813
      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.
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    • $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
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    • $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
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    • $175,000

      Orlando Land For Sale

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

      Land For Sale Orlando

      Commercial land available in Orlando, Florida.
      6324 Parc Corniche Dr, Orlando, FL 32821
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    Similar Nearby for Lease

    • 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
      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
    • Contact for pricing
      6,775 SF

      Office Space with Modern Amenities

      Office space featuring lobby upgrades and enhanced outdoor experience.
      6675 Westwood Blvd, Orlando, FL 32821
      View Details
    • 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
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    6817 Westwood Blvd
    Orlando, FL 32821-6009
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    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
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