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

    920 Britt Ct Altamonte Springs, FL 32701-2080

    • Manufacturing properties
    • 18,308 SF
    OFF-MARKET
    Value Estimations
    $2,160,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8285448
    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

    • Vitralum Glass Solutions, Inc. - Frameless glass Shower Doors and glass Railings Orlando / Kitchen & Bath Showroom / Hardware & Home Improvement
    • Glass Fence USA / Construction Company / General Contractor

    Property Details for 920 Britt Ct

    Year built
    1986
    Construction
    CONCRETE BLOCKS
    Property size
    18,308 SF
    Property type
    Manufacturing properties
    APN
    07-21-30-527-0000-0020
    APU
    7213052700000020

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,161,000
      Market price range: $1.85M - $5.33M
      AI Estimate
      $2,161,000
      Market price range: $1.85M - $5.33M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,185,000
      Current use
      RETAIL STORES
      $3,480,000
      Change: +9% Conversion: Moderate
      OFFICE BUILDING
      $3,375,000
      Change: +6% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,345,000
      Change: +5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3514
    Latitude
    28.6774
    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
    $18,273
    $0.00
    $0.00
    $1,373,100
    -
    $0.00
    $1,373,100
    $1,373,100

    Comparable in this City

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      MANUFACTURING (LIGHT) • 7,152 SF
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      View Details
    • Value Estimation
      $2,090,000
      11,320 SF

      999 Explorer Cv

      MANUFACTURING (LIGHT) • 11,320 SF
      999 Explorer Cv, Altamonte Springs, FL 32701-7516
      View Details
    • Value Estimation
      $1,050,000
      8,285 SF

      922 Hickory St

      MANUFACTURING (LIGHT) • 8,285 SF
      922 Hickory St, Altamonte Springs, FL 32701-2727
      View Details
    • Value Estimation by Request
      4,000 SF

      597 Newburyport Ave

      MANUFACTURING (LIGHT) • 4,000 SF
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    • Value Estimation by Request
      106,178 SF

      927 Fern St

      Manufacturing properties • 106,178 SF
      927 Fern St, Altamonte Springs, FL 32701
      View Details
    • Value Estimation
      $1,985,000
      16,800 SF

      930 Britt Ct

      MANUFACTURING (LIGHT) • 16,800 SF
      930 Britt Ct, Altamonte Springs, FL 32701-2081
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,308 SF

      Altamonte Springs Industrial Asset

      Industrial property with highway access in Altamonte Springs, Florida.
      998 Explorer Cv, Altamonte Springs, FL 32701
      View Details
    • $9,999,000
      106,491 SF

      Industrial Property with Expansion Potential

      Industrial property in Altamonte Springs with long-term tenants and expansion.
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    • $3,603,622
      3,835 SF

      Panera Bread Net Lease Investment

      Altamonte Springs, FL: Prime QSR location, strong NOI.
      730 Altamonte Dr, Altamonte Springs, FL 32701
      View Details
    • $5,000,000
      3,224 SF

      Raising Cane's NNN Lease, Altamonte Springs

      High-yield, 15-year NNN lease, prime location
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    • $22,436,479
      16,014 SF

      Altamonte Springs Retail Portfolio

      Five A-Class QSR/Restaurant properties
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    • $15,690,000
      98,204 SF

      Altamonte Springs Single-Tenant Office Building

      Seven-story office building 100% occupied by IntouchCX on NNN lease.
      850 E Altamonte Dr, Altamonte Springs, FL 32701
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,172 SF

      Altamonte Springs Warehouse Space Available

      Grade level office/warehouse space for lease in Altamonte Springs.
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    • $15 SF/Yr
      270,556 SF

      Altamonte Springs Flex Space Available

      Modern Flex/Warehouse Space in Prime Location
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      View Details
    • $22 SF/Yr
      3,915 SF

      Altamonte Springs Office/Warehouse Space

      Office and warehouse space available for lease in Altamonte Springs.
      474 Northlake Blvd, Altamonte Springs, FL 32701
      View Details
    • Contact for pricing
      105,883 SF

      Altamonte Springs Retail Center

      Prime Retail Space Available, High Traffic
      1140 Altamonte Dr, Altamonte Springs, FL 32701
      View Details
    • $20 SF/Yr
      13,113 SF

      Altamonte Springs Office Suites

      Lakefront Office Space, Prime Location
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      View Details
    • Contact for pricing
      5,000 SF

      Retail, Fitness, Medical Space

      Boutique retail, fitness, and medical space in Altamonte Springs.
      370 Centerpointe Cir, Altamonte Springs, FL 32701
      View Details
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    Altamonte Springs, FL 32701-2080
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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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