6163 Orange Blossom TrlOrlando, FL 32809
- Retail properties
- 15,824 SF
Property Details for 6163 Orange Blossom Trl
- Year built
- 1998
- Lot size
- 1.42 AC
- Property size (Sq ft)
- 15,824 SF
- Zone code
- C-3
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 22-23-29-7269-01-093
- APU
- 222329726901093
Description
This exceptional investment opportunity presents a 15,824-square-foot auto repair facility located at 6163 S Orange Blossom Trl, Orlando, FL 32809. The property, built in 2008, sits on a substantial 2.42-acre lot and boasts a recent lease extension with Crash Champions, a leading national collision repair company, extending the lease through September 30, 2029. This provides a secure, long-term income stream. The property generates a strong net operating income (NOI) of $174,240, resulting in a compelling 6.00% capitalization rate at an asking price of $2,904,000. The location benefits from high traffic volume, with approximately 55,000 vehicles passing daily on S Orange Blossom Trail. Furthermore, the property enjoys strong demographics, with average household incomes exceeding $75,924 within a one-mile radius. Its proximity to the Florida Mall, a major shopping destination, further enhances its appeal and visibility. This single-story building offers a significant opportunity for investors seeking a stable, high-performing asset in a thriving Orlando market. The acquisition of Service King by Crash Champions positions this property within a nationally recognized and expanding brand, ensuring continued operational success and market stability. The Orlando-Kissimmee-Sanford Metropolitan Statistical Area (MSA) is a dynamic and rapidly growing region, offering a robust economy and attractive lifestyle. This property represents a rare opportunity to acquire a well-established, high-performing asset in a prime location within a rapidly growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,186,485
- 6.5%
- $5,710,602
- 7%
- $5,302,701
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,261,804
- Geo Method
- $6,261,804
-
Alternative Use
- Use
- Valuation
- Residential
- $4,817,106
- Hospitality
- $4,412,443
- Educational
- $3,671,101
- Medical
- $3,797,356
- Retail
- $5,710,602
Location Insight
- City
- Orlando
- County
- Orange
- State
- Florida
- Latitude
- 28.4673
- Longitude
- -81.3953
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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