Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Car washes
901 Michigan St Orlando, FL 32805-5403
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4120600
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1966
Total area
715 SF
Lot
1.19 ac (51,811 SF)
Zoning code
RSTD NAC
APN
03-23-29-0180-53-180
UPID
US18-4120600
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
-
Jorie's loaded sausages Take-out & Catering
-
West Hill Ranch Grocery & Convenience Store
-
DigitalMint Bitcoin ATM Atm Currency Exchange Service
-
Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
Justin M Fitzhugh · 5 yrs held
Justin M Fitzhugh
since 2021
Last sale
$4.8M
5 recorded transactions
Zoning & alternative use
RSTD NAC · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,615,000
ML approach
$6,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10% · vs last sale $4.82M (Jan 11 2021)
Last sale anchor
$4.82M
Jan 11 2021
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
$7,671 / 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
$19,204
Tax year 2023
Assessed value
$1,225,319
Assessed 2023
Previous assessed
$1,166,059
+5.1% YoY
Effective rate
1.57%
On assessed value
Assessed land
$235,078
Assessed improvement
$990,241
Land market value
$235,078
Improvement market value
$990,241
Total market value
$1,225,319
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1966
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
3
Total area
715 SF
Lot
1.19 ac (51,811 SF)
Zoning code
RSTD NAC
APN
03-23-29-0180-53-180
UPID
US18-4120600
Jurisdiction
ORANGE
Zoning & alternative use
RSTD NAC · Orlando, FL
Zoning RSTD NAC · permitted uses
RSTD NAC · 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.
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Lot
1.19 ac
Current owner
From public records · entity-resolved
Justin M Fitzhugh
Individual
Mailing address
4369 3RD J RD, EVANS, GA 30809-4613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 2, 2022
—
Gulshan Properties LLC
—
Deed
related
$1,820,000 · South State Bank NA
Jan 11, 2021
$3,700,000
Justin M Fitzhugh
Time And Water LLC
Warranty Deed
$2,590,000 · The Piedmont Bank
Jan 6, 2021
$3,000,000
Time & Water LLC
26th Street Prop Hldgs LLC
Warranty Deed
—
Feb 21, 2019
$100
Property Holdings LLC
Ligato William Trust
Quit Claim Deed
related
—
Jan 12, 2006
—
Ligato William Trust
Ligato,william C
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 901 Michigan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
