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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Office buildings
725 Primera Blvd Ste 100 Lake Mary, FL 32746-2126
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-4211862
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1999
Construction
CONCRETE
Total area
27,168 SF
Lot
3 ac (130,680 SF)
APN
07-20-30-300-003C-0000
UPID
US18-4211862
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
by Request
Comparable Approach
Comparable
$4.45M
Blend (final)
Blend
$4.45M
Owner & transaction history
Interchange-fl Primera I Rref · 13 yrs held
Interchange-fl Primera I Rref
since 2012
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.2M
+23.4%
Neighborhood: shopping center
$6.0M
+3.4%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,835,000
Current use
COMMERCIAL (GENERAL)
$7,200,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,035,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$5,160,000
Change: -12% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,965,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,725,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.45M
Range $4.00M – $4.89M · ±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
$164 / 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
$45,840
Tax year 2023
Assessed value
$3,370,842
Assessed 2023
Previous assessed
$2,914,455
+15.7% YoY
Effective rate
1.36%
On assessed value
Land market value
$1,285,891
Improvement market value
$2,084,951
Total market value
$3,370,842
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 (MULTI-STORY)
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
26
Total area
27,168 SF
Lot
3 ac (130,680 SF)
APN
07-20-30-300-003C-0000
UPID
US18-4211862
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$7.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RETAIL STORES
Est. value
$5.2M
WAREHOUSE, STORAGE
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
26
Lot
3 ac
Current owner
From public records · entity-resolved
Interchange-fl Primera I Rref
Individual
Mailing address
444 SEABREEZE BLVD STE #1000, DAYTONA BEACH, FL 32118-3953
Ownership since
2012
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
Aug 14, 2012
$2,101,142
Interchange-fl Primera I Rref
Interchange Primera I LLC
Warranty Deed
$5,180,000 · State Bank & Trust
Aug 14, 2012
—
Interchange-primera I LLC
Deck-primera Court LLC
Quit Claim Deed
related
—
Sep 19, 2006
—
Deck-primera Trust
Deck-primera Court LLC
Quit Claim Deed
—
Apr 27, 2000
$575,000
Krg-primera II LLC
Deck-primera Court LLC
Grant Deed
$2,795,500 · Regions Bank
—
—
Rref Interchange LLC
—
Deed Of Trust
related
$4,100,000 · Fairwinds FCU
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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