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    Orlando Mixed-Use Redevelopment Opportunity Title is generated by Realmo AI

    434 RING ROAD, Orlando, FL 32811

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    Claim this Listing
    For Sale
    $325,000

    Mixed Use - ORLANDO, FL

    Type:Mixed Use
    Property size:
    1,866 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $174/SF
    Added:
    Dec 1, 2025
    Days on Market:
    201
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 434 RING ROAD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    R-1
    Standard status
    Active
    APN
    30-22-29-6244-01-230
    Size
    1,866 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4778.72

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Mark Allen

    Listing agent Mark Allen License #3246800

    Listing office COMMERCIAL REAL ESTATE PROF IN 1600 E Amelia St, Orlando, FL

    Listing date Dec 1, 2025

    MLS# O6364398 Listing URL

    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.

    HighLights

    • LDR zoning allows up to 4 dwelling units/acre.
    • Potential for rezoning to Industrial, aligning with the surrounding area.
    • Existing structures include a 3‑bedroom house and a 1‑bedroom house.
    • Tenant in the 3‑bedroom house has a lease expiring in February 2026.
    • Month‑to‑month lease on the 1‑bedroom house provides flexibility.
    • Buyer has the option to keep existing houses or demolish for redevelopment.

    Overview

    This property presents a mixed-use opportunity with potential for redevelopment. Currently zoned R-1, the property's Future Land Use (FLU) is Low Density Residential (LDR), allowing up to 4 dwelling units per acre. A buyer could pursue rezoning and a FLU map amendment to convert the property to industrial use, aligning with the surrounding industrial character of the block in Orange County. The site includes a 3-bedroom, 1-bath house with a tenant whose lease expires in February 2026, and a second 1-bedroom, 1-bath house on a month-to-month lease. The buyer has the option to maintain the existing houses with tenants under new leases or demolish them for redevelopment as either LDR or industrial. Constructed in the 1940s, the existing structures offer flexibility in planning. The property is located in Orlando, FL, and has a lot size of 0.31 acres, equivalent to 1866 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $47.0k $25.20
    − Vacancy −$3.1k −$1.64
    EGI $44.0k $23.56
    − OpEx −$19.8k −$10.60
    NOI $24.2k $12.96
    1,866 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $345.5K
    $302.3K – $403.0K (±1% cap)
    NOI $24,182 @ 7.0% cap · market cap 7.44%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $601.1K
    $526.0K – $701.3K (±1% cap)
    NOI $42,077 @ 7.0% cap · market cap 12.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.451533
    Latitude
    28.536067

    FAQs

    What type of property is this?
    Commercial land - Land with residential structures, potential for industrial rezoning.
    Where is this commercial land located?
    The property is located at 434 RING ROAD Orlando, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: LDR zoning allows up to 4 dwelling units/acre.; Potential for rezoning to Industrial, aligning with the surrounding area.; Existing structures include a 3‑bedroom house and a 1‑bedroom house.
    More about this property
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