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    73 Semoran Blvd Orlando, FL 32807-3228
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    Property profile & analytics

    73 Semoran Blvd, Orlando, FL 32807-3228

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    • Turn key restaurants
    • 4,055 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Jun 26, 2024
    $430,000
    Property ID
    US18-0905764
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tropical Paradise Restaurant / Restaurant
    • Tropic smoothies and bowls / Grocery & Convenience Store / Specialty Food Shop
    • Qubanos Pizza / Restaurant
    • LibertyX Bitcoin ATM / Atm

    Property Details for 73 Semoran Blvd

    Year built
    1955
    Lot size
    0.11 lot acres
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    27-22-30-0000-00-052
    APU
    272230000000052

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 26, 2024 — Gayle Family Properties LLC Davis R Gayle Quit Claim Deed · related —
    Aug 6, 2020 $430,000 Joanne Gayle Manuel Messeguer Warranty Deed $430k · Messeguer Manuel F/tr (pt)
    Sep 21, 2009 $525,000 Messeguer Manuel Family Trust Rivera,miguel & Bertha Warranty Deed —
    Jul 2, 2004 $360,000 Miguel Rivera Kasgar Associates Grant Deed —
    Sep 30, 1994 $434,800 Abc Liquors INC — Warranty Deed · related —
    Nov 18, 1993 — — — Tax Deed · related —

    Description

    This 4,000 square foot commercial building, located at 73 S Semoran Blvd in Orlando, Florida (zip code 32807), presents a unique investment opportunity. Previously operating as a Caribbean restaurant, the property includes all existing restaurant equipment, offering a turnkey solution for a new owner. The open floor plan provides flexibility for various uses. Benefitting from excellent signage and high visibility on the south side of Semoran Boulevard, the location is less than half a mile from the 408 expressway entrance, ensuring high traffic and accessibility. The building features a 10-year-old roof and 4-year-old AC units, minimizing immediate maintenance needs. A small efficiency unit with a bathroom and shower is included, adding to the property's versatility. Furthermore, an existing parking pad with electricity is available, suitable for accommodating a food truck, expanding revenue potential. The asking price for this exceptional property is $1,250,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.31
    Latitude
    28.5441
    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
    $6,681
    $136,700
    $313,116
    $449,816
    -
    $136,700
    $313,116
    $449,816

    Comparable in this City

    • Value Estimation
      $805,000
      10,614 SF

      165 Goldenrod Rd

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      165 Goldenrod Rd, Orlando, FL 32807-8215
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      2,580 SF

      7707 Colonial Dr

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      2,161 SF

      5810 Lk Underhill Rd

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      5810 Lk Underhill Rd, Orlando, FL 32807-4311
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      2,339 SF

      5700 Lk Underhill Rd

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      5700 Lk Underhill Rd, Orlando, FL 32807-4375
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      1,645 SF

      7513 Colonial Dr

      RESTAURANT
      7513 Colonial Dr, Orlando, FL 32807
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    • Value Estimation
      $930,000
      5,876 SF

      925 Semoran Blvd

      RESTAURANT
      925 Semoran Blvd, Orlando, FL 32807-3528
      View Details

    Similar Nearby for Sale

    • $7,000,000

      Waterfront Restaurant and Cafe For Sale

      Trophy dual-concept location with high traffic and great visibility.
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      Turnkey Auto Shop and Towing

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      Corner Parcel on High-Traffic Intersection

      Renovated mixed-use property with high visibility and development potential.
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      Storefront in Goldenrod Business Plaza

      Storefront in busy plaza with C-2 zoning.
      1664 Goldenrod Rd, Orlando, FL 32807
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    Similar Nearby for Lease

    • Contact for pricing
      2,625 SF

      Retail Space on Semoran Boulevard

      Neighborhood center with ample parking and excellent visibility.
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    • $25 SF/Yr

      High Visibility Retail Space Available

      Retail space in high-traffic Orlando location, immediate occupancy.
      7339 East Colonial Dr, Orlando, FL 32807
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      Neighborhood Center Retail Space Available

      131,981 SF neighborhood center with anchor tenants.
      945 N Semoran Blvd, Orlando, FL 32807
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      1,200 SF

      Retail Space on N Semoran

      Retail space available for rent on N Semoran Blvd.
      989-1007 N Semoran Blvd, Orlando, FL 32807
      View Details
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    Orlando, FL 32807-3228
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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.

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