4893 Orange AveOrlando, FL 32806

Property Details for 4893 Orange Ave

Year built

1972

Lot size

0.45 AC

Property size (Sq ft)

864 SF

Zone code

ECD

Property type

Retail properties

Property subtype

Retail space

APN

13-23-29-2964-00-254

APU

132329296400254

Description

This exceptional retail property, located at 4893 S Orange Ave in Orlando, Florida (zip code 32806), presents a lucrative investment opportunity. The property encompasses a 0.45-acre site with two buildings totaling 2,208 square feet. One building offers 864 square feet, while the other provides 1,344 square feet, suitable for a variety of uses, including convenience stores and pharmacies, as permitted by the C-1 zoning. The asking price is $875,000, translating to $396.29 per square foot. This prime location boasts 117 feet of direct frontage on South Orange Avenue, a high-traffic corridor experiencing significant growth, with over 43,000 vehicles passing daily. The property's strategic position offers convenient access to major roadways, including SR 528 and I-4, ensuring excellent visibility and accessibility for customers. This is an ideal opportunity for investors seeking a high-return investment in a thriving Orlando retail market. The property is zoned C-1, allowing for a range of retail uses. This combination of size, location, and zoning makes this a truly exceptional investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $309,101

  6.5%

  $285,324

  7%

  $264,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,898

  Geo Method

  $341,898

• Alternative Use

  Use

  Valuation

  Residential

  $240,682

  Hospitality

  $220,463

  Educational

  $183,423

  Medical

  $189,731

  Retail

  $285,324

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.4919

Longitude

-81.3735

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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