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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Office buildings
811 Nowell St Orlando, FL 32808-7538
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9116806
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2019
Total area
2,899 SF
Lot
0.23 ac (10,117 SF)
Zoning code
P-O
APN
24-22-28-6240-09-150
UPID
US18-9116806
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
-
Jhonny Erik Ordonez, MD Physician
-
Maria De La Cruz Physician
-
Glenda Nieves Physician
-
Orlando Family Physicians by InnovaCare Health Medical Clinic
-
Leslie Garcia, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$735k
Owner & transaction history
Nowell Lots LLC · 10 yrs held
Nowell Lots LLC
since 2016
6 recorded transactions
Zoning & alternative use
P-O · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$965,000
+75.5%
Retail stores
$735,000
+33.8%
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%
$960,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Current use
AUTO REPAIR, GARAGE
$965,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$735,000
Change: +34% · Conversion: Moderate
WAREHOUSE, STORAGE
$515,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$450,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$254 / 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
$13,692
Tax year 2023
Assessed value
$885,772
Assessed 2023
Previous assessed
$955,683
-7.3% YoY
Effective rate
1.55%
On assessed value
Assessed land
$55,646
Assessed improvement
$830,126
Land market value
$55,646
Improvement market value
$830,126
Total market value
$885,772
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
13
Total area
2,899 SF
Lot
0.23 ac (10,117 SF)
Zoning code
P-O
APN
24-22-28-6240-09-150
UPID
US18-9116806
Jurisdiction
ORANGE
Zoning & alternative use
P-O · Orlando, FL
Zoning P-O · permitted uses
P-O · 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
$550,000
AUTO REPAIR, GARAGE
Est. value
$965,000
RETAIL STORES
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$450,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (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
2019
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
13
Lot
0.23 ac
Current owner
From public records · entity-resolved
Nowell Lots LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4779 COLLINS AVE APT #4203, MIAMI BEACH, FL 33140-3261
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2017
—
Nowell Lots LLC
—
Trustees Deed
related
$700,000 · Bank Of America
Mar 8, 2016
$20,300
Nowell Lots LLC
623 Partners LLC
Warranty Deed
—
Feb 1, 2013
—
623 Partners LLC
Roman Mosai INC Coc
Trustees Deed
related
—
Sep 14, 2004
—
Roman Mosai INC
—
Trustees Deed
related
$204,000 · Public Bank
Aug 27, 2004
$85,000
Roman Mosai INC
New Wave Investment INC
Warranty Deed
—
Mar 16, 2004
$65,000
New Wave Investments INC
Clotilde-menna,estela
Grant Deed
$53,000 · Estela Clotilde-menna
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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