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1 Property Record Orange County Property Appraiser Property Summary Property Name Winter Park Corners Names Weingarten Nostat Inc Municipality WP - Winter Park Property Use Rtl Nbhd Ctr Mailing Address Po Box Houston, TX Physical Address 1903 Aloma Ave Winter Park, FL QR Code For Mobile Phone
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7 Value and Taxes Historical Value and Tax Benefits Tax Year Values Market Value Assessed Value $11,278,827 (4.2%) $10,828,529 (6.6%) $10,162,996 (21%) $8,405,101 $11,187,189 (10%) $10,170,172 (10%) $9,245,611 (10%) $8,405,101 Tax Year Benefits Tax Savings $853 $5,917 $8,352 $ Taxable Value and Estimate of Proposed Taxes Taxing Authority Assd Value Exemption Tax Value Millage Rate Taxes % Public Schools: By State Law (Rle) $11,278,827 $0 $11,278, (-7.47%) $47, % Public Schools: By Local Board $11,278,827 $0 $11,278, (0.00%) $36, % Orange County (General) $11,187,189 $0 $11,187, (0.00%) $49, % City Of Winter Park $11,187,189 $0 $11,187, (0.00%) $45, % City Of Winter Park Debt Service 2011 $11,187,189 $0 $11,187, (-6.88%) $1, % City Of Winter Park Debt Service 2017 $11,187,189 $0 $11,187, $3, % St Johns Water Management District $11,187,189 $0 $11,187, (-5.58%) $3, % $188, Non-Ad Valorem Assessments Levying Authority Assessment Description Units Rate Assessment There are no Non-Ad Valorem Assessments Income Pro forma (as of Jan 1st 2017) for Winter Park Corners, which includes parcel(s): PID DOR Code DOR Description Allocation Percentage Retail Neighborhood Center 100% Note: Pro forma does not contain actual income and expenses specific to this property if provided by the property owner. Rent Roll Rentable Restrict Efficiency Net Rentable Rent Rental Annual Type Description Area Rent Ratio Area Amount Period Rent 6,809 SF Square Feet % 6,809 $ $136,180 3,225 SF Square Feet N % 3,225 $ $96,750 2,100 SF Square Feet % 2,100 $ $63,000 2,100 SF Square Feet % 2,100 $ $63,000 2,100 SF Square Feet % 2,100 $ $63,000
8 1,050 SF Square Feet % 1,050 $ $31,500 18,600 SF Square Feet N % 18,600 $ $279,000 10,500 SF Square Feet % 10,500 $ $105,000 31,465 SF Square Feet N % 31,465 $ $629,300 20,575 SF Square Feet N % 20,575 $ $205,750 5,000 SF Square Feet N % 5,000 $ $150,000 Percent Amount Per SqFt. Potential Gross Income $1,822,480 $17.60 less Vacancy/Collection Loss 10.00% $182,248 = Effective Gross Income $1,640,232 $15.84 plus Ancillary Income 0.00% $0 $0.00 = Adjusted Gross Income $1,640,232 $15.84 less Expenses 30.00% $492,070 $4.75 = Net Gross Income $1,148,162 $11.09 plus Miscellaneous Income = Net Operating Income $1,148,162 $11.09 Overall Rate % plus Millage Rate/Tax Rate % = Capitalization Rate % Capitalized Value $11,278,827 $ less TPP Amount $0 $0.00 plus Additional Value (+/-) Total Misc Adjustment = Income Value $11,278,827 $ Property Features Property Description EASTGATE SUB T/127 BLK E (LESS S FT OF W 115 FT) Total Land Area 399,018 sqft (+/-) 9.16 acres (+/-) GIS Calculated Land Land Use Code Zoning Land Units Unit Price Land Value Class Unit Price Class Value Rtl Nbhd Ctr C SQUARE FEET $10.30 $4,109,885 $0.00 $4,109,885 Buildings Model Code 04 - Commercial Type Code Rtl Nbhd Ctr Building Value $3,122,523 Estimated New Cost $4,422,837 Actual Year Built 1958 Baths 0.0 Floors 2 Gross Area sqft Living Area sqft Subarea Description Sqft Value BAS - Base Area 6662 $656,673 BNK - Bank Area 4984 $663,179 CLP - C Load Pfm 240 $7,097 FCP - Fin Carprt 1334 $39,428 FOP - F/Opn Prch 3754 $110,990 FUS - F/Up Story 1836 $180,975 GOF - Good Off $1,618,717 RSG - Rest/Good 9649 $1,141,342 ULP - Unf L Ptfm 300 $4,436
9 Interior Wall Drywall Model Code 04 - Commercial Type Code Rtl Nbhd Ctr Building Value $481,080 Estimated New Cost $681,416 Actual Year Built 1960 Baths 0.0 Floors 1 Gross Area 7299 sqft Living Area 6210 sqft Interior Wall Drywall Subarea Description Sqft Value BAS - Base Area 6210 $647,330 FOP - F/Opn Prch 1089 $34,086 Model Code 04 - Commercial Type Code Rtl Nbhd Ctr Building Value $842,238 Estimated New Cost $1,192,971 Actual Year Built 1986 Baths 0.0 Floors 1 Gross Area sqft Living Area sqft Interior Wall Drywall Model Code 04 - Commercial Type Code Rtl Supermarket Building Value $1,125,848 Estimated New Cost $1,594,685 Actual Year Built 1986 Subarea Description Sqft Value BAS - Base Area 6390 $658,809 FOP - F/Opn Prch 1650 $51,035 RSA - Rest/Avg 4260 $483,127 Subarea Description Sqft Value BAS - Base Area $1,479,786 FOP - F/Opn Prch 2934 $65,402 FST - Fin Storge 780 $28,985 UST - Unf Storag 690 $20,512
10 Baths 0.0 Floors 1 Gross Area sqft Living Area sqft Interior Wall Minimum Model Code 04 - Commercial Type Code Rtl Nbhd Ctr Building Value $2,302,386 Estimated New Cost $3,261,170 Actual Year Built 1960 Baths 0.0 Floors 1 Gross Area sqft Living Area sqft Interior Wall Drywall Subarea Description Sqft Value BAS - Base Area $1,259,388 CLP - C Load Pfm 253 $8,181 FOP - F/Opn Prch 1650 $53,282 FST - Fin Storge 4800 $258,336 GOF - Good Off $1,671,111 ULP - Unf L Ptfm 242 $3,875 UST - Unf Storag 162 $6,997 Extra Features Description Date Built Units Unit Price XFOB Value WLCB - Wall Cb 01/01/ Unit(s) $15.00 $16,245 OSB1 - Standard Opn Stg Bin 01/01/ Unit(s) $1, $2,000 PKSP - Parking Space 01/01/ Unit(s) $ $219,000 OSB3 - Large Opn Stg Bin 01/01/ Unit(s) $3, $3,000 Sales Sales History Sale Date Sale Amount Instrument # Book/Page Deed Code Seller(s) Buyer(s) Vac/Imp 09/06/2001 $10,773, / 0753 Special Warranty Winter Park Associates LTD Weingarten Nostat Inc Improved 09/01/1987 $9,075, / 2960 Warranty Deed Improved 11/01/1981 $1,575, / 0578 Special Warranty Improved
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