Fenced Warehouse
For Sale
$1,490,000
2720 OLD WINTER GARDEN Road, Orlando, FL 32805
Commercial Sale, ORLANDO, FL
Property Size4,041 SF
Lot Size0.93 Acres
Price / SF$368.72
Days on Market3816
Property Features for 2720 OLD WINTER GARDEN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Lot features
Corner Lot, City Limits, Oversized Lot, Paved
Directions
from 408 and John Young .N on John Young to red light intersection of John Young &Old Winter Garden Rd .R onto Old Winter Garden or Washington and take first R on Geogiana and 2720 Old Winter Garden Rd is on the R on the corner
Subdivision
32805 - Orlando/Washington Shores
Standard status
Active
APN
28-22-29-0000-00-025
Size
4,041 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Year
2020
Tax Description
BEG 16 1/2 FT S OF NW COR OF E1/2 OF NW1/4 OF NE1/4 OF SE1/4 RUN S 425 FT E 150FT N TO ROAD NWLY TO BEG (LESS S 100 FT)& (LESS PT TAKEN FOR R/W ON E PER OR 5005/2412 CI95- 5446) IN SEC 28-22-29 2905/1405 THRU 1407
Tax Annual Amount
2805
Legal Description
BEG 16 1/2 FT S OF NW COR OF E1/2 OF NW1/4 OF NE1/4 OF SE1/4 RUN S 425 FT E 150FT N TO ROAD NWLY TO BEG (LESS S 100 FT)& (LESS PT TAKEN FOR R/W ON E PER OR 5005/2412 CI95- 5446) IN SEC 28-22-29 2905/1405 THRU 1407
Building Details
Year built
1943
Flooring type
Concrete
Building materials
Concrete
Additional Structures
Storage
Listing Agency:
Star Solution Properties LLC
(407) 383-9317
Listed By:
Cheryl Danboise · License #681452
(407) 888-3433
Added: Apr 18, 2016
Changed: Aug 19
Last Checked: Sep 28 at 2:06PM
MLS# O5434851
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is classified as a warehouse asset with concrete construction and concrete flooring. Improvements include a warehouse building that previously supported automotive painting and repair operations, along with additional work completed to the structure. The site is fenced and includes a separate small parcel. C-3 zoning applies to the property.
Located in Orlando, the property is near Hwy 408 and downtown Orlando, with additional visibility from the John Young Road area. The building dates to 1943 and the property is identified within Orange County.
Located in Orlando, the property is near Hwy 408 and downtown Orlando, with additional visibility from the John Young Road area. The building dates to 1943 and the property is identified within Orange County.
Key Highlights
- C‑3 zoning
- Fenced commercial property with warehouse improvements
- Concrete construction and concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,353
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,587,060
$1.6M
Cap Rate 7%
$1,133,614
$1.1M
Cap Rate 9%
$881,700
$881.7K
Market Conditions
NOI Build-Up for 4,041 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$117.4K $29.04/SF
− Vacancy
−$4.0K −$0.99/SF
EGI
$113.4K $28.05/SF
− OpEx
−$34.0K −$8.42/SF
NOI
$79.4K $19.64/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,587,060
Cap Rate 7%
$1,133,614
Cap Rate 9%
$881,700
Alternative Uses
Best Use
Retail
$1.13M
$991.9K – $1.32M
NOI $79,353 @ 7.0% cap · market cap 5.33%
Second Best
Warehouse
$391.6K
$342.6K – $456.9K
NOI $27,411 @ 7.0% cap · market cap 1.84%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,122 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Concrete warehouse improvements on a fenced commercial site with C-3 zoning and a central Orlando location.
Where is this warehouse located?
The property is located at 2720 OLD WINTER GARDEN Road Orlando, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: C‑3 zoning; Fenced commercial property with warehouse improvements; Concrete construction and concrete flooring
