906 Orange AveOrlando, FL 32801

  • Retail space
  • 9,423 SF
For Sale
$2,295,000 View listing

Property Details for 906 Orange Ave

Year built
1920
Lot size
0.37 AC
Property size (Sq ft)
9,423 SF
Zone code
AC-3A/T
Property type
Retail space
APN
23-22-29-0008-00-130
APU
232229000800130

Description

This exceptional Class A mixed-use property, located at 906 N Orange Ave in Orlando, Florida (32801), presents a unique investment opportunity. The 9,423 square foot building, constructed in 1920, sits on a 0.37-acre lot and features two units within a single, one-story structure. Currently configured as a multi-office space and a Benjamin Moore paint store (with a lease exceeding two years), this property offers flexibility for various uses. The multi-office layout is suitable for corporate headquarters or creative workspaces, while the retail space includes ample warehouse area and a loft, ideal for inventory or additional workspace. The property boasts 21 parking spaces and is zoned AC-3A/T. Its prime location on Orange Avenue provides unparalleled visibility from I-4, making it an ideal location for a flagship business or redevelopment project. The asking price is $2,295,000. This is a rare chance to acquire an iconic building in the heart of downtown Orlando with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,371,133
    6.5%
    $3,111,815
    7%
    $2,889,543
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,728,828
    Geo Method
    $3,728,828
  • Alternative Use

    Use
    Valuation
    Residential
    $2,624,932
    Hospitality
    $2,404,424
    Educational
    $2,000,453
    Medical
    $2,069,251
    Retail
    $3,111,815

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.557
Longitude
-81.3795
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,916
$451,220
$551,484
$1,002,704
-
$451,220
$551,484
$1,002,704

FAQs

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