Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    901 E Washington St Orlando, FL 32801

    • Investment properties
    • 2,531 SF
    • 0.17 lot acres
    For Lease
    View listing
    $32,350
    Value Estimations
    $510,000
    Cap Rate Potential
    8.5%
    Investment properties
    Location Intelligence
    Property ID
    US18-1176904
    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

    • 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

    Property Details for 901 E Washington St

    Year built
    1920
    Lot size
    0.17 lot acres
    Property size
    2,531 SF
    Zone code
    AC-N/T/HP/SP
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    25-22-29-2426-05-052
    APU
    252229242605052

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $395,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $555,000
      6.5%
      $515,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $392,000
      Market price range: $332k - $672k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $845,000
      OFFICE BUILDING
      $790,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3665
    Latitude
    28.5439
    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
    $8,860
    $314,459
    $169,647
    $484,106
    -
    $314,459
    $169,647
    $484,106

    Comparable in this City

    • Value Estimation
      $665,000
      2,008 SF

      23 Osceola Ave

      STORE/OFFICE (MIXED USE) • 2,008 SF
      23 Osceola Ave, Orlando, FL 32801-2845
      View Details
    • Value Estimation
      $530,000
      1,644 SF

      310 Anderson St

      STORE/OFFICE (MIXED USE) • 1,644 SF
      310 Anderson St, Orlando, FL 32801-3808
      View Details
    • Value Estimation by Request
      2,328 SF

      213 Mls Ave

      STORE/OFFICE (MIXED USE) • 2,328 SF
      213 Mls Ave, Orlando, FL 32801-2113
      View Details
    • Value Estimation by Request
      1,838 SF

      822 Menendez Ct

      STORE/OFFICE (MIXED USE) • 1,838 SF
      822 Menendez Ct, Orlando, FL 32801-3631
      View Details
    • Value Estimation
      $585,000
      3,236 SF

      232 Hillcrest St

      STORE/OFFICE (MIXED USE) • 3,236 SF
      232 Hillcrest St, Orlando, FL 32801-1212
      View Details
    • Value Estimation by Request
      1,648 SF

      113 Hyer Ave

      STORE/OFFICE (MIXED USE) • 1,648 SF
      113 Hyer Ave, Orlando, FL 32801-2001
      View Details

    Similar Nearby for Sale

    • $2,350,000
      4,273 SF

      Orlando Mixed-Use Property For Sale

      Two vacant buildings in downtown Orlando, ideal for redevelopment.
      47 W Amelia St, Orlando, FL 32801
      View Details
    • $4,995,000
      17,000 SF

      Downtown Orlando Mixed-Use

      Prime location, high-income potential.
      35 Pine St, Orlando, FL 32801
      View Details
    • $1,650,000
      4,731 SF

      Historic Downtown Orlando Building

      Prime location, mixed-use opportunity.
      17 Pine St, Orlando, FL 32801
      View Details
    • $6,990,000
      8,163 SF

      Downtown Orlando Mixed-Use Development

      144-unit apartment project, prime location
      205 Eola Dr, Orlando, FL 32801
      View Details
    • Contact for pricing
      20,374 SF

      Historic Mixed-Use Building For Sale

      Mixed-use building constructed in 1927 in Orlando, Florida.
      316 W Colonial Dr, Orlando, FL 32801
      View Details
    • $5,990,000
      9,479 SF

      Downtown Orlando Redevelopment Opportunity

      Prime location near Lake Eola Park with redevelopment potential.
      421 E Robinson St, Orlando, FL 32801
      View Details

    Similar Nearby for Lease

    • $240 SF/Yr
      30,090 SF

      Downtown Orlando Mixed-Use Building

      Prime Retail & Office Space Available
      126 Colonial Dr, Orlando, FL 32801
      View Details
    • $6,000 /Mo
      30,090 SF

      Orlando Mixed-Use Office Suites

      Premier office suites in a mixed-use building on Colonial Drive.
      126 E Colonial Dr, Orlando, FL 32801
      View Details
    • Contact for pricing
      33,720 SF

      Magnolia Quarters Retail Space

      Prime Downtown Orlando Retail/Office Opportunity
      47 Robinson St, Orlando, FL 32801
      View Details
    • Contact for pricing
      2,500 SF

      Lake Lucerne Office Space

      Historic Charm, Modern Amenities
      236 Lucerne Cir, Orlando, FL 32801
      View Details
    • Contact for pricing
      6,477 SF

      Prime Orlando Retail Space

      Downtown Orlando Retail Opportunity
      520 Church St, Orlando, FL 32801
      View Details
    • $30,000

      Industrial Outdoor Storage and Building

      Up to 1.95 acres with a 10,068 SF building.
      W Washington St, Orlando, FL 32801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    901 E Washington St
    Orlando, FL 32801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.