Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    812 Thornton Ave Orlando, FL 32803-4003

    • Investment properties
    • 1,306 SF
    • 0.15 lot acres
    OFF-MARKET
    Last Sale
    Nov 25, 2024
    $600,000
    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    2.9%
    Investment properties
    Location Intelligence
    Property ID
    US18-4631906
    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

    • Law Office of Dean Mosley, P.A. / Law Firm
    • Happy Tax Orlando / Tax Preparation
    • Sherwin & Associates / Business Service Center / Corporate Office
    • Graft Inc / Film Production / Television Studio
    • Insurance Solution Orlando / Insurance Agency

    Property Details for 812 Thornton Ave

    Year built
    1920
    Lot size
    0.15 lot acres
    Property size
    1,306 SF
    Zone code
    O-1/T
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    24-22-29-6492-03-160
    APU
    242229649203160

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $600,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $600,000
      Market price range: $349k - $600k
      AI Estimate
      $382,000
      Market price range: $235k - $383k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $430,000
      Current use
      AUTO REPAIR, GARAGE
      $435,000
      Change: +1% Conversion: Difficult
      OFFICE BUILDING
      $405,000
      Change: -5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3658
    Latitude
    28.5555
    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
    $8,663
    $207,648
    $273,679
    $481,327
    -
    $207,648
    $273,679
    $481,327

    Comparable in this City

    • Value Estimation
      $705,000
      2,204 SF

      341 Mls Ave

      STORE/OFFICE (MIXED USE) • 2,204 SF
      341 Mls Ave, Orlando, FL 32803-5733
      View Details
    • Value Estimation by Request
      1,314 SF

      32 Bumby Ave

      STORE/OFFICE (MIXED USE) • 1,314 SF
      32 Bumby Ave, Orlando, FL 32803-6271
      View Details
    • Value Estimation
      $710,000
      2,514 SF

      236 Pasadena Pl

      STORE/OFFICE (MIXED USE) • 2,514 SF
      236 Pasadena Pl, Orlando, FL 32803-3828
      View Details
    • Value Estimation
      $705,000
      2,758 SF

      2905 Corrine Dr

      STORE/OFFICE (MIXED USE) • 2,758 SF
      2905 Corrine Dr, Orlando, FL 32803-2227
      View Details
    • Value Estimation
      $825,000
      1,232 SF

      1517 Hillcrest St

      STORE/OFFICE (MIXED USE) • 1,232 SF
      1517 Hillcrest St, Orlando, FL 32803-4710
      View Details
    • Value Estimation
      $1,650,000
      1,171 SF

      1322 Mls Ave

      STORE/OFFICE (MIXED USE) • 1,171 SF
      1322 Mls Ave, Orlando, FL 32803-2543
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Spacious Lot in Audubon Park

      Large lot near shops, restaurants, and zoned for great schools.
      2312 Corrine Dr, Orlando, FL 32803
      View Details
    • $799,000
      2,916 SF

      Orlando Duplex with Income Potential

      Two-story duplex in Orlando, offering immediate and future income.
      1312 Belgrade Ave, Orlando, FL 32803
      View Details
    • Contact for pricing
      744 SF

      Mills50 District Office Building

      744 sq ft office in vibrant Mills50 district.
      1309 Wilfred Dr, Orlando, FL 32803
      View Details
    • $685,000
      Pending

      Remodeled Duplex with Fenced Backyard

      Updated duplex in Orlando, perfect for investors or owner-occupants.
      9 N Graham Ave, Orlando, FL 32803
      View Details
    • $530,000

      Mills/50 District Duplex Opportunity

      Duplex in the heart of Mills/50 District, great location!
      912 La Salle Ave, Orlando, FL 32803
      View Details
    • $475,000

      Corner Lot Building in Milk District

      Corner lot building approved for coffee shop or restaurant.
      33 N Primrose Dr, Orlando, FL 32803
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      495,147 SF

      Colonial Plaza Retail Space

      Orlando Retail Center: High-Traffic Location
      0 Colonial Dr, Orlando, FL 32803
      View Details
    • $25 SF/Yr
      30,000 SF

      North Magnolia Ave Office Space

      Prime Orlando Office Suites, Flexible Sizes
      924 Magnolia Ave, Orlando, FL 32803
      View Details
    • Contact for pricing
      2,700 SF

      Orlando Office Space For Rent

      Office building with glass storefronts, convenient location, and ample parking.
      615-645 Herndon Ave, Orlando, FL 32803
      View Details
    • Contact for pricing
      3,376 SF

      Corrine Drive Office Building

      Prime Orlando Office Space - Long-Term Lease
      2901 Corrine Dr, Orlando, FL 32803
      View Details
    • Contact for pricing
      231 SF

      Executive Office Suite For Rent

      Executive office suite between Downtown Orlando and Ivanhoe Village.
      934 N Magnolia Ave, Orlando, FL 32803
      View Details
    • $15 SF/Yr
      5,115 SF

      Prime Office Space Available

      Office space with excellent location and on-site parking.
      3670 Maguire Blvd, Orlando, FL 32803
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    812 Thornton Ave
    Orlando, FL 32803-4003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.