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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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