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Property profile & analytics
FOR LEASE
Investment properties
901 E Washington St Orlando, FL 32801
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-1176904
For Lease
1 / 13
$395,000
901 E Washington St, Orlando, FL 32801
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Property summary
AI-generated overview
This exceptional 840-square-foot office space is situated within a charming, two-story building at 901 E Washington St, Orlando, FL 32801. The property, built in 1920, offers a blend of historic character and modern functionality, perfect for a variety of professional uses, including financial, legal, or administrative offices. Located in the heart of Thornton Park, this space boasts a desirable corner lot location across from vibrant restaurants and nightlife, providing excellent visibility and accessibility. The building itself encompasses 2,531 square feet and features a total of two suites, with ample parking for tenants (4 spaces total). The available space is on the second floor and is currently vacant. The 1.7-acre lot (7,480 square feet) provides ample space and a strong presence in the area. Utilities are handled on a pro-rata basis, with tenants responsible for their share of electricity and sales tax. This is a fantastic opportunity to establish a business in a thriving, well-connected Orlando neighborhood. The property is in Orange County and offers a unique blend of historical charm and modern convenience. Don't miss this chance to secure a prominent location in the heart of Thornton Park.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1920
Total area
2,531 SF
Lot
0.17 ac (7,480 SF)
Zoning code
AC-N/T/HP/SP
APN
25-22-29-2426-05-052
UPID
US18-1176904
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
-
Federal Tax Lien Accounting Firm Tax Preparation
-
Nielson Financial Services, Inc. Financial Advisor
-
Superior Healthcare Management Insurance Agency
-
Troy Holm Loans With Fairway Mortgage Loan Service Bank
-
Insight Tax Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$392k
Blend (final)
Blend
$395k
Owner & transaction history
Thornton Central Props LLC · 17 yrs held
Thornton Central Props LLC
since 2009
5 recorded transactions
Zoning & alternative use
AC-N/T/HP/SP · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Neighborhood Activity Center Traditional City Historic Preservation Specially Planned Area
General category
SPECIAL
Zone area
4.20 ac
Source
Realmo
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
$395,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$845,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$395k
Range $356k – $435k · ±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
$156 / 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
$8,860
Tax year 2023
Assessed value
$484,106
Assessed 2023
Previous assessed
$464,206
+4.3% YoY
Effective rate
1.83%
On assessed value
Assessed land
$314,459
Assessed improvement
$169,647
Land market value
$314,459
Improvement market value
$169,647
Total market value
$484,106
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1920
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
9
Total area
2,531 SF
Lot
0.17 ac (7,480 SF)
Zoning code
AC-N/T/HP/SP
APN
25-22-29-2426-05-052
UPID
US18-1176904
Jurisdiction
ORANGE
Zoning & alternative use
AC-N/T/HP/SP · Orlando, FLZoning AC-N/T/HP/SP · permitted uses
AC-N/T/HP/SP · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Neighborhood Activity Center Traditional City Historic Preservation Specially Planned Area
General category
SPECIAL
Zone area
4.20 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$845,000
OFFICE BUILDING
Est. value
$790,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1920
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
9
Lot
0.17 ac
Current owner
From public records · entity-resolved
Thornton Central Props LLC
Entity
Mailing address
901 E WASHINGTON ST, ORLANDO, FL 32801-2905
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2009
$480,000
Thornton Central Props LLC
Balz-rampy Trust
Warranty Deed
$500,000 · Hagan Family Holdings LLC
—
—
Thornton Central Props LLC
—
Deed Of Trust
related
$450,000 · New Traditions National Bank
—
—
Balz-rampy,tr
—
Deed Of Trust
related
$90,000 · Balz Trust
—
—
Rampy Trust
—
Deed Of Trust
related
$210,794 · First Union Nat'l Bank Florida
—
—
Rampy Balz Trust
—
Deed Of Trust
related
$90,000 · Balz G H & R A Living Trust
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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