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Property profile & analytics
OFF-MARKET
Estimated value
$12,620,000
Retail properties & Spaces
9409 Colonial Dr Ocoee, FL 34761-6801
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2832809
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Total area
101,814 SF
Lot
7 ac (304,946 SF)
Zoning code
PUD-COMM
APN
21-22-28-9140-00-040
UPID
US18-2832809
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
-
JCPenney Clothing Store Department Store
-
Spirit Halloween (Bike/Boat/Book/etc) Store
-
JCPenney Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.44M
Blend (final)
Blend
$12.62M
Owner & transaction history
Penney Prop Sub Hldgs LLC · 5 yrs held
Penney Prop Sub Hldgs LLC
since 2020
2 recorded transactions
Zoning & alternative use
PUD-COMM · Ocoee, 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 Ocoee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocoee 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.62M
Range $11.36M – $13.88M · ±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
$124 / 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
$50,418
Tax year 2023
Assessed value
$2,183,435
Assessed 2023
Previous assessed
$1,731,945
+26.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,524,728
Assessed improvement
$658,707
Land market value
$1,524,728
Improvement market value
$658,707
Total market value
$2,183,435
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
41
Total area
101,814 SF
Lot
7 ac (304,946 SF)
Zoning code
PUD-COMM
APN
21-22-28-9140-00-040
UPID
US18-2832809
Jurisdiction
ORANGE
Zoning & alternative use
PUD-COMM · Ocoee, FL
Zoning PUD-COMM · permitted uses
PUD-COMM · Ocoee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocoee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
41
Lot
7 ac
Current owner
From public records · entity-resolved
Penney Prop Sub Hldgs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6501 LEGACY DR, PLANO, TX 75024-4161
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
$1,315,000
Penney Prop Sub Hldgs LLC
Jc Penney Corp INC
Grant Deed
—
—
—
J C Penney Corp INC
—
Deed Of Trust
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.
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