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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8990 Turkey Lk Rd Orlando, FL 32819-7320

    • Retail space
    • 256,210 SF
    • 37.43 lot acres
    OFF-MARKET
    Value Estimations
    $2,700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2696424
    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

    • Walmart Photo Center / Photo Shop / Photo Lab
    • KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service
    • Shubh Beauty near Dr Phillips / Beauty Salon
    • Davi Nails / Nail Salon
    • Walmart Baby & Nursery Services / Family Service Center

    Property Details for 8990 Turkey Lk Rd

    Year built
    2007
    Lot size
    37.43 lot acres
    Property size
    256,210 SF
    Zone code
    RSTD C-1
    Property type
    Retail space
    APN
    35-23-28-7825-00-010
    APU
    352328782500010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,700,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.477
    Latitude
    28.4409
    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
    $363,623
    $12,618,256
    $10,621,818
    $23,240,074
    -
    $12,618,256
    $10,621,818
    $23,240,074

    Comparable in this City

    • Value Estimation by Request
      66,218 SF

      8972 Turkey Lake Rd

      Individual retail properties • 66,218 SF
      8972 Turkey Lake Rd, Orlando, FL 32819
      View Details
    • Value Estimation
      $1,240,000
      25,663 SF

      5438 International Dr

      RETAIL STORES (PERSONAL SERVICES) • 25,663 SF
      5438 International Dr, Orlando, FL 32819-8561
      View Details
    • Value Estimation
      $385,000
      9,512 SF

      7447 International Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,512 SF
      7447 International Dr, Orlando, FL 32819-8248
      View Details
    • Value Estimation
      $745,000
      22,935 SF

      7501 Turkey Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 22,935 SF
      7501 Turkey Lk Rd, Orlando, FL 32819-5223
      View Details
    • Value Estimation
      $390,000
      10,151 SF

      6582 International Dr

      RETAIL STORES (PERSONAL SERVICES) • 10,151 SF
      6582 International Dr, Orlando, FL 32819-8212
      View Details
    • Value Estimation
      $1,140,000
      30,270 SF

      5135 International Dr

      RETAIL STORES (PERSONAL SERVICES) • 30,270 SF
      5135 International Dr, Orlando, FL 32819-9451
      View Details

    Similar Nearby for Sale

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      Orlando Retail Center For Sale

      Fully leased retail center in Orlando's Dr. Phillips trade area.
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      Orlando Office/Retail Investment Opportunity

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      Profitable Mediterranean Restaurant Opportunity

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    Similar Nearby for Lease

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      2,346 SF

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      Restaurant and retail spaces available in high-traffic tourist area.
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      1,989 SF

      Retail Space Near Whole Foods

      Retail space available in Phillips Crossing near Whole Foods.
      8081 W Turkey Lake Rd E, Orlando, FL 32819
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      4,343 SF

      Restaurant and Retail Space Available

      Versatile restaurant and retail spaces with ample parking and visibility.
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      1,936 SF

      Orlando Retail Space For Rent

      Retail space in a high-traffic Orlando shopping center.
      7524 Dr Phillips Blvd W, Orlando, FL 32819
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    • Contact for pricing
      1,400 SF

      Retail Space in Orlando, FL

      Retail space for lease in a neighborhood shopping center.
      5154 Dr Phillips Blvd, Orlando, FL 32819
      View Details
    • $21,500
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      Prime Retail Space in Orlando

      Retail space in Orlando's International Drive tourist corridor.
      6320 International Dr, Orlando, FL 32819
      View Details

    Property Visit Statistics

    • Visits by month
      251.0k
    • Visitors by month
      177.5k
    • Avg Time on site
      39 min
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    8990 Turkey Lk Rd
    Orlando, FL 32819-7320
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    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
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