Property Record - 24-22-27-0000-00-016 Orange County Property Appraiser http://www.ocpafl.org Property Summary Property Name Peoples Plaza West Names Peoples Plaza LLC Municipality WG - Winter Garden Property Use 1105 - Retail Multi-Tenant Mailing Address 37 N Orange Ave Ste 760 Orlando, FL 32801-2423 Physical Address 12301 W Colonial Dr Winter Garden, FL 34787 QR Code For Mobile Phone
Value and Taxes Historical Value and Tax Benefits Tax Year Values Market Value Assessed Value 2018 2017 2016 2015 2014 $2,332,349 (5.8%) $2,205,191 (11%) $1,981,208 (.25%) $1,976,359 (32%) $1,499,034 $2,064,363 (10%) $1,876,694 (10%) $1,706,085 (10%) $1,550,986 (10%) $1,409,987 Tax Year Benefits 2018 2017 2016 2015 2014 Tax Savings $2,563 $3,066 $2,572 $3,982 $835 2018 Taxable Value and Estimate of Proposed Taxes Taxing Authority Assd Value Exemption Tax Value Millage Rate Taxes % Public Schools: By State Law (Rle) $2,332,349 $0 $2,332,349 4.0510 (-4.05%) $9,448.35 26 % Public Schools: By Local Board $2,332,349 $0 $2,332,349 3.2480 (0.00%) $7,575.47 21 % Orange County (General) $2,064,363 $0 $2,064,363 4.4347 (0.00%) $9,154.83 25 % City Of Winter Garden $2,064,363 $0 $2,064,363 4.5000 (5.88%) $9,289.63 25 % Library - Operating Budget $2,064,363 $0 $2,064,363 0.3748 (0.00%) $773.72 2 % St Johns Water Management District $2,064,363 $0 $2,064,363 0.2562 (-5.95%) $528.89 1 % 16.8647 $36,770.89 2018 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 2018) for Peoples Plaza West, which includes parcel(s): PID DOR Code DOR Description Allocation Percentage 24-22-27-0000-00-016 1105 Retail Multi-Tenant 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 17,486 SF Square Feet N 100.00% 17,486 $8.00 1 $139,888 21,802 SF Square Feet N 100.00% 21,802 $13.00 1 $283,426
Percent Amount Per SqFt. Potential Gross Income $423,314 $10.77 less Vacancy/Collection Loss 12.00% $50,798 = Effective Gross Income $372,516 $9.48 plus Ancillary Income 0.00% $0 $0.00 = Adjusted Gross Income $372,516 $9.48 less Expenses 30.00% $111,755 $2.84 = Net Gross Income $260,761 $6.64 plus Miscellaneous Income = Net Operating Income $260,761 $6.64 Overall Rate 9.50000% plus Millage Rate/Tax Rate 1.68019% = Capitalization Rate 11.18019% Capitalized Value $2,332,349 $59.37 less TPP Amount $0 $0.00 plus Additional Value (+/-) Total Misc Adjustment = Income Value $2,332,349 $59.37 Property Features Property Description SE1/4 OF SW1/4 OF SE1/4 (LESS W 30 FT FOR R/W PER 1994/0680 & S 75 FT FOR RD R/W) & (LESS N 30 FT OF E 349.37 FT PER 2520/0675 & LESS R/W ON SW CORNER PER 8766/4841) SEC 24-22-27 Land Land Use Code Zoning Land Units Unit Price Land Value Class Unit Price Class Value 1105 - Retail Multi-Tenant PCD 359230 SQUARE FEET $5.67 $2,036,834 $0.00 $2,036,834 Buildings 04 - Commercial 1105 - Retail Multi-Tenant Building Value $481,291 Estimated New Cost $1,209,275 Floors 2 18449 sqft 11510 sqft Cedar/Redw Wood Panel BAS - Base Area 9829 $813,939 FOP - F/Opn Prch 6743 $251,246 FUS - F/Up Story 1681 $139,204 UDU - Unf Dt Uty 196 $4,886 04 - Commercial 1105 - Retail Multi-Tenant Building Value $107,065 Estimated New Cost $269,008 BAS - Base Area 2156 $234,810 FOP - F/Opn Prch 672 $32,891 UST - Unf Storag 30 $1,307
2858 sqft 2156 sqft Wood Panel 06 - Warehouse 4800 - Warehousing Building Value $233,912 Estimated New Cost $587,719 10578 sqft 10350 sqft Minimum AOF - Avg Office 1460 $134,816 BAS - Base Area 8470 $411,642 FOP - F/Opn Prch 228 $5,540 SDA - Sals Dis A 420 $35,721 06 - Warehouse 4800 - Warehousing Building Value $136,326 Estimated New Cost $342,528 Minimum 06 - Warehouse 4800 - Warehousing Building Value $131,214 Estimated New Cost $329,683 Minimum 04 - Commercial 1100 - Stores One Story Building Value $55,289 Estimated New Cost $121,781 BAS - Base Area 7136 $342,528 BAS - Base Area 7136 $329,683 BAS - Base Area 1000 $110,710 FOP - F/Opn Prch 200 $9,964 ULP - Unf L Ptfm 64 $1,107
Actual Year Built 1978 1264 sqft 1000 sqft Cedar/Redw Dec.Wall.C Extra Features Description Date Built Units Unit Price XFOB Value PVCN - Pav Con 01/01/1974 5118 Square Feet $4.50 $23,031 PT1 - Patio 1 01/01/1974 1 Unit(s) $1,000.00 $1,000 PKSP - Parking Space 01/01/1974 375 Unit(s) $1,000.00 $375,000 Sales Sales History Sale Date Sale Amount Instrument # Book/Page Deed Code Seller(s) Buyer(s) Vac/Imp 01/31/2006 $4,200,000 20060085630 08466 / 2893 Warranty Deed Property Development & Peoples Plaza LLC Improved Management Inc 06/04/1999 $1,050,000 19990244593 05767 / 0001 Warranty Deed Mchale Gerard A Jr Tr Property Development & Management Inc Improved 04/02/1999 $0 19990152100 05723 / 3481 Warranty Deed Paladin Investment Group Inc Mchale Gerard A Jr Tr Improved 09/30/1996 $1,250,000 19965781959 05129 / 4767 Warranty Deed Peoples Plaza West LTD Paladin Investment Group Improved Inc 09/01/1984 $1,089,400 19842202539 03560 / 1734 Warranty Deed Improved 12/01/1981 $930,006 19811734262 03245 / 1710 Warranty Deed Improved