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

    7675 Lk Nona Blvd Orlando, FL 32827-7142

    • Grocery and convenience stores
    • 7,567 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimations
    $2,025,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4644969
    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

    • 7-Eleven / Convenience Store
    • Western Union / Money Transfer Service
    • PNC Bank ATM / Atm
    • CAR WASH / Car Wash

    Property Details for 7675 Lk Nona Blvd

    Year built
    2020
    Lot size
    1.29 lot acres
    Property size
    7,567 SF
    Zone code
    PD/AN
    Property type
    Grocery and convenience stores
    APN
    23-24-30-4973-00-010
    APU
    232430497300010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,655,000
      6.5%
      $2,450,000
      7%
      $2,275,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,640,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.2779
    Latitude
    28.3856
    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
    $66,172
    $2,100,730
    $1,223,630
    $3,324,360
    -
    $2,100,730
    $1,223,630
    $3,324,360

    Comparable in this City

    • Value Estimation
      $4,940,000
      5,804 SF

      8320 Narcoossee Rd

      CONVENIENCE STORE • 5,804 SF
      8320 Narcoossee Rd, Orlando, FL 32827-5601
      View Details
    • Value Estimation
      $4,390,000
      14,350 SF

      9235 Narcoossee Rd

      CONVENIENCE STORE • 14,350 SF
      9235 Narcoossee Rd, Orlando, FL 32827-5703
      View Details
    • Value Estimation
      $1,755,000
      7,802 SF

      9450 Narcoossee Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,802 SF
      9450 Narcoossee Rd, Orlando, FL 32827-5705
      View Details
    • Value Estimation
      $1,535,000
      7,076 SF

      9979 Tagore Pl

      RETAIL STORES (PERSONAL SERVICES) • 7,076 SF
      9979 Tagore Pl, Orlando, FL 32827-7701
      View Details
    • Value Estimation
      $1,365,000
      6,688 SF

      9680 Narcoossee Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,688 SF
      9680 Narcoossee Rd, Orlando, FL 32827-7312
      View Details
    • Value Estimation
      $510,000
      6,168 SF

      9101 Narcoossee Rd

      FINANCIAL BUILDING • 6,168 SF
      9101 Narcoossee Rd, Orlando, FL 32827-5767
      View Details

    Similar Nearby for Sale

    • $8,000,000
      Pending

      Orlando Mixed-Use Building For Sale

      17,000+/- sq ft building near Lake Nona Medical City.
      11786 Narcoossee Rd, Orlando, FL 32827
      View Details
    • Contact for pricing

      Prime Commercial Outparcel For Sale

      0.99 AC outparcel near major retailers with high traffic.
      12211 Narcoossee Rd, Orlando, FL 32827
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    • New
      $850,000
      0.48 Acres

      Residential Land in Lake Nona

      Luxury living opportunity in Lake Nona Golf & Country Club.
      32 Cromwell Rd, Orlando, FL 32827
      View Details
    • New
      $750,000
      0.31 Acres

      Residential Land in Lake Nona

      0.31 acre residential land in Lake Nona, Orlando.
      41 Cromwell Rd, Orlando, FL 32827
      View Details
    • New
      $750,000
      0.33 Acres

      Orlando Land for Luxury Living

      0.33 acre lot in Lake Nona Golf & Country Club.
      36 Cromwell Rd, Orlando, FL 32827
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,797 SF

      Freestanding Restaurant Space Available

      Freestanding 5,797 SF restaurant space for lease.
      10749 Narcoossee Rd, Orlando, FL 32827
      View Details
    • Contact for pricing
      69,143 SF

      Lake Nona Office Space Available

      Class A Office, Orlando, FL
      13495 Veterans Way, Orlando, FL 32827
      View Details
    • Contact for pricing

      Prime Retail/Restaurant Opportunity in Orlando

      Exceptional ground lease/sale opportunity in a strategic Orlando location.
      9348 Dowden Rd, Orlando, FL 32827
      View Details
    • Contact for pricing
      4,664 SF

      Industrial Space Available for Lease

      4,664 SF industrial property available for rent in Orlando.
      8442 E Tradeport Dr N, Orlando, FL 32827
      View Details
    • $40 SF/Yr
      22,699 SF

      Lake Nona Office Sublease

      22,699 SF office space available for sublease in Orlando.
      6900 Tavistock Lakes Blvd, Orlando, FL 32827
      View Details
    • $30 SF/Yr
      2,056 SF

      Lake Nona Office Space

      Office space for lease in Orlando's Lake Nona area.
      9145 Narcoossee Rd, Orlando, FL 32827
      View Details
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    7675 Lk Nona Blvd
    Orlando, FL 32827-7142
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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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