2011 Orange AveOrlando, FL 32806

Property Details for 2011 Orange Ave

Year built

1954

Lot size

0.11 AC

Property size (Sq ft)

3,197 SF

Zone code

MU-1/T/SP

Property type

Retail properties

Property subtype

Retail space

APN

01-23-29-2100-02-160

APU

12329210002160

Description

This exceptional retail opportunity presents two available units totaling 2,100 square feet within a newly renovated three-unit building on Orange Avenue in Orlando. Located directly across from Orlando Regional Medical Center (ORMC), the property offers unparalleled visibility and high foot traffic. Each unit features modern upgrades including new bathrooms, a new roof, and updated electrical systems. The 0.11-acre lot (4,617 sq ft) provides two dedicated parking spaces per unit, supplemented by ample street parking. The building, constructed in 1954, is zoned MU-1/T/SP and boasts a single story. The lease is a NNN structure, encompassing CAM, property taxes, and insurance. A 3-5 year lease term is preferred, with tenant improvement allowances to be negotiated. This is a rare chance to secure a premier retail space in a high-demand area. The property's APN is 01-23-29-2100-02-160, situated in Orange County. Individual unit sizes are 900 and 1200 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,143,745

  6.5%

  $1,055,765

  7%

  $980,353

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,265,103

  Geo Method

  $1,265,103

• Alternative Use

  Use

  Valuation

  Residential

  $890,577

  Hospitality

  $815,764

  Educational

  $678,706

  Medical

  $702,048

  Retail

  $1,055,765

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5188

Longitude

-81.3761

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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