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Property profile & analytics
OFF-MARKET
Estimated value
$40,500,000
Distribution centers
9535 Satellite Blvd Orlando, FL 32837-8451
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3884854
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Total area
61,211 SF
Lot
5.15 ac (224,536 SF)
Zoning code
IND-4
APN
10-24-29-1898-00-020
UPID
US18-3884854
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
-
Wholesale Grocer Grocery & Convenience Store Distribution Center
-
DG Parcel Logistics Company Freight Service
-
PPI Epoxy Floor Coatings Systems General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$40.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$40.50M
Owner & transaction history
H9500 Satellite LLC · 2 yrs held
H9500 Satellite LLC
since 2024
Last sale
$40.5M
4 recorded transactions
Zoning & alternative use
IND-4 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.3M
+137.5%
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
$40,500,000
ML approach
$40,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$30,255,000
Change: +138% · Conversion: Difficult
Blend value · Realmo final
$40.50M
Range $36.45M – $44.55M · ±10% · vs last sale $40.50M (Apr 19 2024)
Last sale anchor
$40.50M
Apr 19 2024
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
$662 / 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
$79,726
Tax year 2023
Assessed value
$5,140,789
Assessed 2023
Previous assessed
$5,140,789
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,459,484
Assessed improvement
$3,681,305
Land market value
$1,459,484
Improvement market value
$3,681,305
Total market value
$5,140,789
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Stories
1
Rooms
7
Total area
61,211 SF
Lot
5.15 ac (224,536 SF)
Zoning code
IND-4
APN
10-24-29-1898-00-020
UPID
US18-3884854
Jurisdiction
ORANGE
Zoning & alternative use
IND-4 · Orlando, FL
Zoning IND-4 · permitted uses
IND-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$30.3M
RESTAURANT
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Rooms
7
Lot
5.15 ac
Current owner
From public records · entity-resolved
H9500 Satellite LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2100 3RD AVE N STE #600, BIRMINGHAM, AL 35203-3416
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
$40,500,000
H9500 Satellite LLC
Fl & Nj Ind Ll LLC
Special Warranty Deed
—
Apr 14, 2021
$28,400,000
Fl & Nj Ind Ll LLC
Denholtz Cypress Park LLC
Special Warranty Deed
—
Jan 19, 2017
$18,500,000
Denholtz Cypress Park LLC
9500 Satellite Blvd LLC
Trustees Deed
$12,900,000 · Miscellaneous Ins Co
Mar 5, 2008
—
9535 Satellite Blvd LLC
Bjp Real Estate Ptshp Ltd
Grant Deed
—
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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