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Property profile & analytics
OFF-MARKET
Estimated value
$44,330,000
Office buildings
7455 Chancellor Dr, Orlando, FL 32809-6213
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-2233252
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
109,354 SF
Lot
22.25 ac (969,163 SF)
Zoning code
IND-2/IND-3
APN
28-23-29-6353-01-000
UPID
US18-2233252
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
Current use
Occupant on record · Public records
-
FedEx Drop Box Postal Service Courier Service
-
SunTrust Operations Center Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$33.52M
Comparable Approach
Comparable
$44.07M
Blend (final)
Blend
$44.33M
Owner & transaction history
Joseph M Barnes
Joseph M Barnes
5 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$54.1M
+60.0%
Commercial (general)
$44.1M
+30.7%
Auto repair, garage
$36.5M
+8.0%
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%
$36,305,000
6.5%
$33,515,000
7%
$31,120,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$33,780,000
Current use
RESTAURANT
$54,050,000
Change: +60% · Conversion: Moderate
COMMERCIAL (GENERAL)
$44,135,000
Change: +31% · Conversion: Easy
AUTO REPAIR, GARAGE
$36,470,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$33,310,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$44.33M
Range $39.90M – $48.76M · ±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
$405 / 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
$767,393
Tax year 2023
Assessed value
$46,154,634
Assessed 2023
Previous assessed
$44,203,193
+4.4% YoY
Effective rate
1.66%
On assessed value
Assessed land
$3,149,780
Assessed improvement
$43,004,854
Land market value
$3,149,780
Improvement market value
$43,004,854
Total market value
$46,154,634
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
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
AC.CHILLED WATER
Buildings
2
Stories
1
Rooms
249
Total area
109,354 SF
Lot
22.25 ac (969,163 SF)
Zoning code
IND-2/IND-3
APN
28-23-29-6353-01-000
UPID
US18-2233252
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Zoning IND-2/IND-3 · permitted uses
IND-2/IND-3 · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$33.8M
RESTAURANT
Est. value
$54.1M
COMMERCIAL (GENERAL)
Est. value
$44.1M
AUTO REPAIR, GARAGE
Est. value
$36.5M
RETAIL STORES
Est. value
$33.3M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
249
Lot
22.25 ac
Current owner
From public records · entity-resolved
Joseph M Barnes
Individual
Mailing address
919 E MAIN ST FL #14, RICHMOND, VA 23219-4622
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
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
—
—
Joseph M Barnes
—
Deed Of Trust
related
$40,000 · Suntrust Bank NA
—
—
Eric T Evans
—
Deed Of Trust
related
$44,000 · Suntrust Bank NA
—
—
Casey W Edwards
—
Deed Of Trust
related
$15,000 · Suntrust Bank NA
—
—
Luz M Munoz
—
Deed Of Trust
related
$50,000 · Suntrust Bank NA
—
—
Roberto E Dennis
—
Deed Of Trust
related
$34,000 · Suntrust Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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