For Sale
$850,000

607 Fairvilla Rd Orlando, FL 32808

High-yield auto shop, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
135
This 3,704 sq ft auto repair shop in Orlando, FL, presents a compelling value-add investment opportunity. Located at 607 Fairvilla Rd, this single-tenant property boasts a 100% occupancy rate with a current lease generating a $54,030 NOI and a 6.36% cap rate. The lease, a Net Net (NN) agreement, commenced May 1, 2024, and expires May 1, 2025, providing immediate cash flow and future repositioning potential. The property, built in 1953 and renovated in 2023, sits on a 14,581 sq ft lot and features a 14-foot ceiling height. Its C3 zoning allows for a variety of industrial uses. The pro-forma NOI is projected at $86,305, resulting in a 9.64% pro-forma cap rate, highlighting the significant upside potential. Strategically located near major transportation arteries including FL-408, I-4, and Orlando International Airport, this property benefits from high visibility and easy access. Surrounded by complementary businesses, it enjoys a strong location within Orlando's thriving industrial sector. This is an ideal opportunity for investors seeking immediate returns and long-term growth in a high-demand market. The asking price is $850,000.

Highlights

  • Prime industrial location at 607 Fairvilla Rd, Orlando, FL 32808.
  • High-visibility site on W Colonial Dr (39,000 AADT).
  • Synergistic location near auto sales and repair businesses.
  • Excellent access to major roadways: 1.5 miles to FL-408, 3 miles to I-4, 12 miles to downtown Orlando, 20 miles to Orlando International Airport.
  • Nearby amenities including restaurants and retail.
  • Industrially zoned, perfect for auto repair.

Property Details for 607 Fairvilla Rd

Property type
Retail properties, Industrial properties
Square Feet
3,704 SF
Class
C
Year Built/Renovated
1953/2023
Buildings
1
Stories
1

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5511051
Longitude
-81.4322076

FAQs

What type of property is this?
Retail property - High-yield auto shop, strong NOI.
Where is the retail property located?
The property is located at 607 Fairvilla Rd Orlando, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime industrial location at 607 Fairvilla Rd, Orlando, FL 32808.; High-visibility site on W Colonial Dr (39,000 AADT).; Synergistic location near auto sales and repair businesses.
How can I contact the broker?
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607 Fairvilla Rd
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