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Property profile & analytics
OFF-MARKET
Estimated value
$9,030,000
Office buildings
8240 Exchange Dr Orlando, FL 32809-9166
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-6326373
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Total area
29,514 SF
Lot
1.43 ac (62,075 SF)
Zoning code
IND-2/IND-3
APN
33-23-29-6366-01-001
UPID
US18-6326373
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
-
House Plant Sitting Garden Center
-
Genelink Inc Medical Clinic Skin Care Clinic
-
Gabe Gonzalez Ramos, REALTOR® Real Estate Agency
-
Motto Mortgage Tailored Solutions Loan Service Bank
-
Gabriel Gonzalez Motto Mortgage Tailored Solutions Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.05M
Comparable Approach
Comparable
$7.56M
Blend (final)
Blend
$9.03M
Owner & transaction history
Kingstone Heaven II LLC · 14 yrs held
Kingstone Heaven II LLC
since 2012
3 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.6M
+60.0%
Commercial (general)
$11.9M
+30.7%
Auto repair, garage
$9.8M
+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%
$9,800,000
6.5%
$9,045,000
7%
$8,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,115,000
Current use
RESTAURANT
$14,590,000
Change: +60% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,910,000
Change: +31% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,845,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$8,990,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$9.03M
Range $8.13M – $9.93M · ±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
$306 / 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
$58,714
Tax year 2023
Assessed value
$3,534,327
Assessed 2023
Previous assessed
$3,394,086
+4.1% YoY
Effective rate
1.66%
On assessed value
Assessed land
$403,486
Assessed improvement
$3,130,841
Land market value
$403,486
Improvement market value
$3,130,841
Total market value
$3,534,327
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 (MULTI-STORY)
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Rooms
18
Total area
29,514 SF
Lot
1.43 ac (62,075 SF)
Zoning code
IND-2/IND-3
APN
33-23-29-6366-01-001
UPID
US18-6326373
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.1M
RESTAURANT
Est. value
$14.6M
COMMERCIAL (GENERAL)
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$9.8M
RETAIL STORES
Est. value
$9.0M
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
18
Lot
1.43 ac
Current owner
From public records · entity-resolved
Kingstone Heaven II LLC
Entity
Free & Clear · 14 yrs held
Mailing address
8240 EXCHANGE DR STE C9, ORLANDO, FL 32809-9168
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2012
—
Kingstone Heaven II LLC
Condo Assn Heavenorlando II
Quit Claim Deed
—
Oct 31, 2002
$200,000
Kinstone Family LP
Libery Properties LP
Grant Deed
—
Oct 31, 2002
$185,300
Liberty Property LP
Liberty Property Dev Corp
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.
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