Elevation Development

3.3★★★☆☆(4 reviews)

189 S Orange Ave Suite 1550 15th Floor, Orlando, FL 32801

Orlando, Florida, United States

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Hours
8:30 AM – 5:00 PM
Weekdays8:30 AM – 5:00 PM
WeekendsClosed
Address
City: Orlando
Neighborhood: Central Business District
State: Florida
Postal Code: 32801
Country: United States

Business facts

Estimated annual revenue~$1.7M
Estimated employees~6
Annual payroll (2021)~$245.8K
In business since2015
Based on reported payroll data

Contacts

Registered Agent

Area statistics (32801)

Population14,778
Median household income$75,646
Source: US Census ACS

About

Elevation Development is located in Orlando, Florida, and was founded in 2015. At this location, Elevation Development employs approximately 25 people. This business is working in the following industry: Real Estate Developer. Annual sales for Elevation Development are around < $500.0K.

Wheelchair Accessible
Parking, Yes
Categories: Real Estate Developer.
ISIC Codes: 6820.

Market analysis

Earning above its category median in a stable category (Real Estate Developer).

EstimateCategory trend: 2024, +1.9%

Revenue trend (modeled)

~$1.2M2019
~$1.2M2020
~$1.4M2021
~$1.5M2022
~$1.6M2023
~$1.7M2024
Modeled from official industry statistics+7.2%/yr since 201980% confidence band: ±42%

Company profile

Legal formCorporation
Incorporated2012 (FL)
Observed

Property

Lot size3,668 sq ft
CountyOrange
Assessed value$543.7K
On this lotshared with 67 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$4.0K · 4 jobs reported
PPP loan (2020)$42.8K · 4 jobs reported · implies ~$205.6K annual payroll · $43.3K forgiven
Second PPP loan (2021)$51.2K · 4 jobs reported · $51.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Real Estate Developer in Florida2,907~$5.6B~$2.0M~$782.8K4.6★2.2×
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure1,035 chains expanding in this category, led by Compass, Rafal Wazio, Remax (+5,773 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)2,934~$6.1B~$2.1M~$869.5K17,281~$1.9B1.9×
Real estate activities321~$757.1M~$2.4M1,042

1 km area (all businesses): median from the 2,271 of 2,934 businesses with estimates

Estimate

Area conditions (32801)

Population14,778 ±1,140
Median household income$75,646 ±$8,980
Median home value$394,500
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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