Operating Gas Station and Convenience
827 W LANCASTER Road Orlando, FL 32809
For Sale
$2,500,000
SINGLE_FAMILY - ORLANDO, FL
Property Size5,984 SF
Lot Size0.78 Acres
Price / SF$417.78
Days on Market833
Property Features for 827 W LANCASTER Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C-3
- Standard status
- Active
- APN
- 23-23-29-0000-00-151
- Size
- 5,984 SF
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- BEG 539.50 FT E OF SW COR OF SEC RUN E 200 FT N 211.50 FT TO S LINE OF SKY LAKEOAK RIDGE SEC FOUR Z/150 W 200 FT TH S 212.17 FT TO POB (LESS S 35 FT FOR R/W) &(LESS PT TAKEN ON S FOR R/W PER OR 5791/127 CI97-9442) IN SEC 23-23-29
- Tax Annual Amount
- 8286
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Block, Brick, Concrete
Listing Agency:
COLDWELL BANKER REALTY
(407) 696-8000
Listed By:
Nahed Georgy · License #3160895
(407) 951-2023
Added: Apr 15, 2024
Changed: Jul 24
Last Checked: Jul 26 at 12:06PM
MLS# O6187901
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.
This C-3 zoned commercial property includes an operating gas station with four well-maintained pumps and newer double-wall fiberglass tanks. The site also has a fully functioning convenience store. The property is configured with multiple leased units (Units A, B, and C), which are currently operating as a barber shop/nail salon, a restaurant, and a bar/nightclub, respectively.
According to the seller’s remarks, the property is positioned near the international airport and serves a busy industrial hub and a thriving residential community. The remarks further indicate approximately 7,000 cars pass daily.
With all units currently leased, the property offers immediate income through current tenants, alongside opportunities described in the remarks to renew, release, or renegotiate leases and to explore additions such as a potential additional diesel tank and convenience store rent growth.
According to the seller’s remarks, the property is positioned near the international airport and serves a busy industrial hub and a thriving residential community. The remarks further indicate approximately 7,000 cars pass daily.
With all units currently leased, the property offers immediate income through current tenants, alongside opportunities described in the remarks to renew, release, or renegotiate leases and to explore additions such as a potential additional diesel tank and convenience store rent growth.
Key Highlights
- C3‑zoned commercial property with multiple leased units: barber/nail salon, restaurant, and bar/nightclub
- Operating gas station with 4 well‑maintained pumps and newer double‑wall fiberglass tanks
- Fully functioning convenience store as part of the property; diesel tank addition is noted as a potential
Financial Insights For Specialty Retail
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 | $173.8k | $29.04 |
| − Vacancy | −$5.9k | −$0.99 |
| EGI | $167.9k | $28.05 |
| − OpEx | −$42.0k | −$7.01 |
| NOI | $125.9k | $21.04 |
5,984 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.80M
$1.57M – $2.10M
NOI $125,900 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$1.68M
$1.47M – $1.96M
NOI $117,507 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,936 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Jibarito Latin ...
Restaurant
Super Star Hair ...
Hair Salon
Lancaster Gas
Gas Station
First Community Christian ...
Church
Food Distribution Center ...
Food Bank
FAQs
What type of property is this?
Gas station - C-3 zoned site with an operating gas station, four pumps, and a fully functioning convenience store plus leased tenants.
Where is this gas station located?
The property is located at 827 W LANCASTER Road Orlando, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: C3‑zoned commercial property with multiple leased units: barber/nail salon, restaurant, and bar/nightclub; Operating gas station with 4 well‑maintained pumps and newer double‑wall fiberglass tanks; Fully functioning convenience store as part of the property; diesel tank addition is noted as a potential
