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Property profile & analytics
FOR LEASE
Grocery and convenience stores
8003 Turkey Lake Rd Orlando, FL 32819
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3744018
For Lease
1 / 2
$13,160,000
8003 Turkey Lake Rd, Orlando, FL 32819
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Total area
61,923 SF
Lot
16.62 ac (723,897 SF)
Zoning code
P-D
APN
35-23-28-7113-01-000
UPID
US18-3744018
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
-
Amazon Hub Locker - Orlando Marketing & Advertising IT Consulting Firm
-
WFM Coffee Bar Cafe & Coffee Shop
-
Amazon Counter at Whole Foods Market Courier Service Postal Service
-
Take 5 Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.16M
Owner & transaction history
State Of Florida Dept Of Transporta · 5 yrs held
State Of Florida Dept Of Transporta
since 2021
2 recorded transactions
Zoning & alternative use
P-D · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$20.7M
+31.2%
Office building
$19.0M
+20.6%
Commercial (general)
$18.6M
+18.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,745,000
Current use
AUTO REPAIR, GARAGE
$20,655,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$18,990,000
Change: +21% · Conversion: Easy
COMMERCIAL (GENERAL)
$18,585,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$16,625,000
Change: +6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,100,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$13.16M
Range $11.84M – $14.48M · ±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
$213 / 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
$478,774
Tax year 2023
Assessed value
$32,040,482
Assessed 2023
Previous assessed
$30,489,516
+5.1% YoY
Effective rate
1.49%
On assessed value
Assessed land
$11,582,356
Assessed improvement
$20,458,126
Land market value
$11,582,356
Improvement market value
$20,458,126
Total market value
$32,040,482
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2008
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Rooms
120
Total area
61,923 SF
Lot
16.62 ac (723,897 SF)
Zoning code
P-D
APN
35-23-28-7113-01-000
UPID
US18-3744018
Jurisdiction
ORANGE
Zoning & alternative use
P-D · Orlando, FL
Zoning P-D · permitted uses
P-D · 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
RETAIL STORES Current
Est. value
$15.7M
AUTO REPAIR, GARAGE
Est. value
$20.7M
OFFICE BUILDING
Est. value
$19.0M
COMMERCIAL (GENERAL)
Est. value
$18.6M
WAREHOUSE, STORAGE
Est. value
$16.6M
INDUSTRIAL (GENERAL)
Est. value
$13.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Rooms
120
Lot
16.62 ac
Current owner
From public records · entity-resolved
State Of Florida Dept Of Transporta
Entity
Free & Clear · 5 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2021
—
State Of Florida Dept Of Transporta
Toledo INC
Special Warranty Deed
—
Oct 5, 2009
—
Eden Springs Developer LLC
Weingarten Realty Investors
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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