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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Office buildings
964 International Pkwy Lake Mary, FL 32746-5234
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-8142262
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2017
Construction
CONCRETE BLOCKS
Total area
5,108 SF
Lot
0.13 ac (5,758 SF)
APN
06-20-30-300-007T-0000
UPID
US18-8142262
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
-
Dr. Don Colbert Physician
-
Divine Health Wellness Center Medical Clinic
-
Orlando Ed Alternative Medicine Practice
-
The Florida Practice Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.83M
Owner & transaction history
Sunshine Re Holding LLC · 3 yrs held
Sunshine Re Holding LLC
since 2022
Last sale
$2.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+115.0%
Commercial (general)
$1.4M
+23.4%
Neighborhood: shopping center
$1.1M
+3.4%
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 Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary 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
$2,265,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,355,000
6.5%
$1,250,000
7%
$1,165,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,360,000
Change: +115% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $2.25M (Sep 17 2022)
Last sale anchor
$2.25M
Sep 17 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
$358 / 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
$20,746
Tax year 2023
Assessed value
$1,479,524
Assessed 2023
Previous assessed
$1,218,833
+21.4% YoY
Effective rate
1.40%
On assessed value
Land market value
$575,800
Improvement market value
$903,724
Total market value
$1,479,524
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
2017
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
5,108 SF
Lot
0.13 ac (5,758 SF)
APN
06-20-30-300-007T-0000
UPID
US18-8142262
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Sunshine Re Holding LLC
Entity
Mailing address
421 VIS OAK DR, LONGWOOD, FL 32779-3069
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2022
$2,250,000
Sunshine Re Holding LLC
Hugh Mcdonnell
Warranty Deed
$1,800,000 · Fairwinds Cu
May 24, 2018
—
Hugh J Mcdonnell
—
Deed
related
$400,000 · Centerstate Bk NA
Apr 4, 2018
$1,322,500
Hugh Mcdonnell
Pb Commercial Holdings LLC
Grant Deed
—
—
—
Hugh J Mcdonnell
—
Deed Of Trust
related
$400,000 · Centerstate Bk 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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