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Property profile & analytics
OFF-MARKET
Estimated value
$6,935,000
Office buildings
954 Orlando Ave Winter Park, FL 32789-4849
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4350958
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1974
Total area
10,167 SF
Lot
0.84 ac (36,747 SF)
Zoning code
C-3
APN
12-22-29-6600-00-730
UPID
US18-4350958
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
-
James (Jim) Granduke, RE/MAX 200 REALTY Real Estate Agency
-
Diane Gerry - RE/MAX 200 Realty Real Estate Agency
-
Greg Harrison Orlando Realtor Real Estate Agency
-
Nuvia Dental Implant Center Dental Office
-
OrlandoRealEstate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.91M
Blend (final)
Blend
$6.94M
Owner & transaction history
Flagship Winter Park Verax LLC · 3 yrs held
Flagship Winter Park Verax LLC
since 2022
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
C-3 · Winter Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+19.5%
Commercial (general)
$4.5M
+9.5%
Industrial (general)
$4.2M
+2.5%
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 Winter Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Park 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
$7,900,000
ML approach
$7,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,925,000
Change: +19% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,515,000
Change: +10% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,225,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$6.94M
Range $6.24M – $7.63M · ±10% · vs last sale $6.77M (Dec 29 2022)
Last sale anchor
$6.77M
Dec 29 2022
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
$682 / 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
$80,248
Tax year 2023
Assessed value
$5,105,082
Assessed 2023
Previous assessed
$3,044,505
+67.7% YoY
Effective rate
1.57%
On assessed value
Assessed land
$2,388,587
Assessed improvement
$2,716,495
Land market value
$2,388,587
Improvement market value
$2,716,495
Total market value
$5,105,082
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Rooms
48
Total area
10,167 SF
Lot
0.84 ac (36,747 SF)
Zoning code
C-3
APN
12-22-29-6600-00-730
UPID
US18-4350958
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Winter Park, FL
Zoning C-3 · permitted uses
C-3 · Winter Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winter Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
48
Lot
0.84 ac
Current owner
From public records · entity-resolved
Flagship Winter Park Verax LLC
Entity
Mailing address
2701 COLTSGATE RD STE #300, CHARLOTTE, NC 28211-3594
Ownership since
2022
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
Feb 28, 2023
—
Flagship Winter Park Verax LLC
—
Deed
related
$265,000,000 · Fifth Third Bank NA
Dec 29, 2022
$6,768,000
Flagship Winter Park Verax LLC
Raja Investors LLC
Special Warranty Deed
—
Feb 26, 2001
$1,550,000
Krlkm LLP
Knudsen,knud P & Lis
Grant Deed
—
Feb 26, 2001
—
Krlkm LLP
—
Grant Deed
related
$1,000,000 · Money Store Commercial Mtg
—
—
Krlkm LLP
—
Deed Of Trust
related
$250,000 · Wachovia Bank NA
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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