6325 Silver Star RdOrlando, FL 32818

Property Details for 6325 Silver Star Rd

Year built

1973

Lot size

0.45 AC

Property size (Sq ft)

3,200 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

13-22-28-0000-00-027

APU

132228000000027

Description

This exceptional investment opportunity presents a vacant 3,200 square foot convenience store and gas station situated on a prominent 0.45-acre lot in Orlando, Florida. Located on Silver Star Road, this single-story, 1973-built property enjoys a high-traffic location within a major retail corridor, boasting approximately 38,000 vehicles per day. The property's strategic placement ensures high visibility and accessibility, surrounded by national retailers such as Walgreens, Bravo Supermarket, Dollar General, Popeyes, Goodwill, McDonald's, Wendy's, and CVS. With an estimated 94,478 households within a 5-mile radius, this location offers a substantial and established customer base. The asking price is $2,121,212, and an asking rent of $175,000 per year is available for lease. This property offers investors the flexibility to either purchase the building and lease to a tenant of their choice or lease the property for their own franchise operation. The property's strong location and high traffic volume make it an ideal investment for those seeking a high-return opportunity in a thriving retail market. This is a rare chance to acquire a well-positioned property with significant potential for growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,043,611

  6.5%

  $963,333

  7%

  $894,523

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,266,290

  Geo Method

  $1,266,290

• Alternative Use

  Use

  Valuation

  Residential

  $812,607

  Hospitality

  $744,344

  Educational

  $619,285

  Medical

  $640,584

  Retail

  $963,333

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5781

Longitude

-81.4692

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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