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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Office buildings
990 Rocket Blvd Orlando, FL 32824
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5137641
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
4,127 SF
Lot
29.85 ac (1,300,377 SF)
Zoning code
IND-4
APN
14-24-29-0000-00-012
UPID
US18-5137641
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
-
Central Crusher Concrete Recycling Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.42M
Owner & transaction history
Hemant Maharaj · 6 yrs held
Hemant Maharaj
since 2020
2 recorded transactions
Zoning & alternative use
IND-4 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+5.3%
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
by Request
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,055,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,305,000
Current use
AUTO REPAIR, GARAGE
$1,375,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,240,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,050,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±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
$344 / 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
$92,406
Tax year 2023
Assessed value
$6,830,433
Assessed 2023
Previous assessed
$5,333,672
+28.1% YoY
Effective rate
1.35%
On assessed value
Assessed land
$6,345,841
Assessed improvement
$484,592
Land market value
$6,345,841
Improvement market value
$484,592
Total market value
$6,830,433
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
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Rooms
11
Total area
4,127 SF
Lot
29.85 ac (1,300,377 SF)
Zoning code
IND-4
APN
14-24-29-0000-00-012
UPID
US18-5137641
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
OFFICE BUILDING Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
11
Lot
29.85 ac
Current owner
From public records · entity-resolved
Hemant Maharaj
Individual
Free & Clear · 6 yrs held
Mailing address
1737 N HIAWASSEE RD, ORLANDO, FL 32818-5820
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jun 25, 2020
—
Hemant Maharaj
Hemant Maharaj
Quit Claim Deed
related
—
Feb 5, 2018
$5,000,000
Hemant Maharaj
Coreslab Structures Orlando
Warranty Deed
$1,864,804 · Coreslab Structures (orlando)
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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