5115 Silver Star RdOrlando, FL 32808

Property Details for 5115 Silver Star Rd

Year built

1961

Lot size

0.17 AC

Property size (Sq ft)

3,300 SF

Zone code

C-1

Property type

Retail space

APN

07-22-29-6974-05-090

APU

72229697405090

Description

This fully renovated, 3,000 square foot retail property in Orlando, FL, is situated on two parcels totaling 14,800 square feet (1/3 acre) at 5115 Silver Star Road. The main 2,400 square foot suite is available for lease, while a 600 square foot suite is currently leased month-to-month to a barber shop. The property boasts high average daily traffic and pedestrian traffic, enhanced by its corner location at Silver Star and Pine Hills Roads, proximity to a high school, and the upcoming Lynx bus depot less than a quarter-mile away. The property is located adjacent to an Opportunity Zone and within the Pine Hills Neighborhood Improvement District, offering significant investment potential. Ample parking is available on a separate parcel. The building has been fully renovated and currently enjoys 90% occupancy. The asking price is $645,000. This multi-tenant property presents a unique opportunity for investors seeking a high-traffic, well-located retail space with strong potential for growth. The property is ideal for a variety of retail or office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,076,224

  6.5%

  $993,437

  7%

  $922,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,305,862

  Geo Method

  $1,305,862

• Alternative Use

  Use

  Valuation

  Residential

  $838,001

  Hospitality

  $767,605

  Educational

  $638,638

  Medical

  $660,602

  Retail

  $993,437

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5783

Longitude

-81.451

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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