5300 Silver Star RdOrlando, FL 32808

  • Office buildings
  • 10,771 SF
For Sale
$1,900,000 View listing

Property Details for 5300 Silver Star Rd

Year built
1969
Lot size
0.25 AC
Property size (Sq ft)
10,771 SF
Zone code
P-D
Property type
Office buildings
APN
18-22-29-8020-01-000
APU
182229802001000

Description

This exceptional 10,771 square foot storefront, situated on a 0.25-acre corner lot at 5300 Silver Star Road in Orlando, Florida (32808), presents a unique owner-user investment opportunity. Built in 1969, this single-story building boasts a spacious retail area enhanced by oversized windows and a substantial reception/checkout counter. The property also includes a private manager's office and ample customizable open space, ideal for storage or additional business functions. Its strategic location on Silver Star Road, a high-traffic area easily accessible from US Highway 50 (E. Colonial Drive) and John Young Parkway, ensures high visibility and accessibility. The surrounding area features a mix of national and local retailers, creating a vibrant commercial environment. With an asking price of $1,900,000 ($176.40/sq ft), this property offers significant potential for retail success in Orlando's thriving market. The property is zoned P-D and benefits from ample parking and high daily traffic counts (37,000 vehicles). This vacant building is ready for immediate occupancy. The property's APN is 18-22-29-8020-01-000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,389,611
    6.5%
    $2,205,795
    7%
    $2,048,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,691,370
    Geo Method
    $1,691,370
  • Alternative Use

    Use
    Valuation
    Residential
    $2,735,186
    Hospitality
    $2,505,415
    Educational
    $2,084,476
    Medical
    $2,156,164
    Retail
    $3,242,518

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5769
Longitude
-81.4525
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,859
$277,892
$1,111,567
$1,389,459
-
$277,892
$1,111,567
$1,389,459

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