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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Bars & Pubs
8701 Orange Ave Orlando, FL 32824-7902
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US19-0363084
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1994
Total area
12,104 SF
Lot
3.56 ac (155,109 SF)
Zoning code
IND-2/IND-3
APN
36-23-29-8920-01-010
UPID
US19-0363084
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
-
Rachel's Steakhouse Orlando Nightclub Bar & Pub
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Knb Land Holdings Of Orange Cnty · 20 yrs held
Knb Land Holdings Of Orange Cnty
since 2006
2 recorded transactions
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+51.1%
Restaurant
$1.5M
+24.7%
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
NIGHTCLUB (COCKTAIL LOUNGE)
$1,225,000
Current use
AUTO REPAIR, GARAGE
$1,855,000
Change: +51% · Conversion: Difficult
RESTAURANT
$1,530,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,120,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±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
$102 / 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
$50,703
Tax year 2023
Assessed value
$3,534,221
Assessed 2023
Previous assessed
$3,369,302
+4.9% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,649,703
Assessed improvement
$1,884,518
Land market value
$1,649,703
Improvement market value
$1,884,518
Total market value
$3,534,221
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Rooms
3
Total area
12,104 SF
Lot
3.56 ac (155,109 SF)
Zoning code
IND-2/IND-3
APN
36-23-29-8920-01-010
UPID
US19-0363084
Jurisdiction
ORANGE
Zoning & alternative use
IND-2/IND-3 · Orlando, FL
Zoning 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
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RESTAURANT
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
NIGHTCLUB (COCKTAIL LOUNGE) Current
AUTO REPAIR, GARAGE
RESTAURANT
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
1994
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
3
Lot
3.56 ac
Current owner
From public records · entity-resolved
Knb Land Holdings Of Orange Cnty
Entity
Mailing address
8701 S ORANGE AVE, ORLANDO, FL 32824-7902
Ownership since
2006
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
Jan 3, 2006
$3,500,000
Knb Land Holdings Of Orange Cnty
Bee Line Entertainment Ptrs
Warranty Deed
$4,000,000 · Bee Line Entertainment Ptrs Ll
—
—
Knb Land Holdings Of Orange Co Ll
—
Deed Of Trust
related
$1,700,000 · Andrew J Scaglione
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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