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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office Spaces
720 Princeton St Orlando, FL 32804-5214
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-0264287
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Total area
2,650 SF
Lot
0.47 ac (20,352 SF)
Zoning code
AC-1/T/W/SP/AR
APN
14-22-29-1460-03-230
UPID
US18-0264287
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
$540k
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$640k
Owner & transaction history
Instruments Cyclone · 15 yrs held
Instruments Cyclone
since 2011
5 recorded transactions
Zoning & alternative use
AC-1/T/W/SP/AR · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Community Activity Center Traditional City Wekiva Specially Planned Area Appearance Review
General category
UNKNOWN
Zone area
32.62 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$885,000
+20.9%
Office building
$830,000
+13.6%
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%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$730,000
Current use
AUTO REPAIR, GARAGE
$885,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: +14% · Conversion: Easy
RETAIL STORES
$595,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$242 / 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
$12,546
Tax year 2023
Assessed value
$745,930
Assessed 2023
Previous assessed
$689,360
+8.2% YoY
Effective rate
1.68%
On assessed value
Assessed land
$578,000
Assessed improvement
$167,930
Land market value
$578,000
Improvement market value
$167,930
Total market value
$745,930
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Rooms
17
Total area
2,650 SF
Lot
0.47 ac (20,352 SF)
Zoning code
AC-1/T/W/SP/AR
APN
14-22-29-1460-03-230
UPID
US18-0264287
Jurisdiction
ORANGE
Zoning & alternative use
AC-1/T/W/SP/AR · Orlando, FLZoning AC-1/T/W/SP/AR · permitted uses
AC-1/T/W/SP/AR · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Community Activity Center Traditional City Wekiva Specially Planned Area Appearance Review
General category
UNKNOWN
Zone area
32.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$885,000
OFFICE BUILDING
Est. value
$830,000
RETAIL STORES
Est. value
$595,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
17
Lot
0.47 ac
Current owner
From public records · entity-resolved
Instruments Cyclone
Individual
Mailing address
718 W PRINCETON ST, ORLANDO, FL 32804-5252
Ownership since
2011
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
Jul 19, 2021
—
Cyclone Instruments & Equipment INC
—
Deed
related
$750,000 · One Florida Bank
Jan 24, 2011
$415,000
Instruments Cyclone
Rbc Bk USA
Grant Deed
$311,250 · Old Florida Bank
Mar 31, 2010
—
Rbc Bk USA
Summit Charter Sch Ctrl Coc
Trustees Deed
related
—
Jan 12, 1999
$270,000
Princeton House Charter School
Lake,bruce & Inga
Grant Deed
$250,000 · Seller
—
—
Charter Sch Ctrl Campus Summit
—
Deed Of Trust
related
$620,000 · Rbc Centura Bank
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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