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    Automotive Sales Lot with Office Title is generated by Realmo AI

    8710 E COLONIAL DRIVE, Orlando, FL 32817

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    For Lease
    $5,900/Mo $40 SF/Yr (calc)

    Retail - ORLANDO, FL

    Type:Retail
    Property size:
    1,770 SF
    Lot size:
    0.49 Acres
    Added:
    Jun 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 7 at 2:06 am

    Property Features for 8710 E COLONIAL DRIVE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    C-2
    Standard status
    Active
    APN
    24-22-30-0000-00-059
    Size
    1,770 SF
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5606.89

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1956
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Hughes
    Matthew Hughes

    Listing agent Matthew Hughes License #3471704

    Listing office REAL BROKER, LLC 122 W Pine St, Ste 300, Winter Haven, FL

    Listing date Jun 6, 2026

    MLS# O6414509 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

    • Up to 80 vehicle display spaces across two adjacent lots on E. Colonial Drive (Lot A ~40, Lot B ~40).
    • Lease options: Lot A ~$5,900/month and Lot B ~$5,900/month; combined lease ~$11,800/month.
    • Located on E. Colonial Drive in Orlando, directly across from a major Kia franchise dealership.
    • Climate‑controlled office with A/C on site for dealership, specialty vehicle sales, or fleet/automotive‑related use.
    • Block construction; year built 1956 (office/structure).
    • Multi‑unit/window AC (cooling includes wall/window unit(s) and window unit(s)) and on‑site A/C office setup.

    Overview

    This for-lease automotive sales lot is configured as two adjacent lots, each suitable for vehicle display, with total capacity of up to 80 spaces. The property includes a climate-controlled office with A/C, providing an on-site space for sales administration, customer interaction, or light operational needs. The site is positioned for straightforward vehicle storage and presentation.

    The property is located on E. Colonial Drive in Orlando and sits directly across from a major Kia franchise dealership, supporting visibility to daily motorists in an established automotive sales corridor. Leasing can be structured by lot or as a combined opportunity, depending on how much display capacity is required. Zoning is C-2.

    This setup is best suited for independent dealers or operators needing dedicated on-site vehicle display space and an air-conditioned office without relying solely on off-site administrative arrangements. With the ability to lease Lot A, Lot B, or both, operators can right-size their footprint to match current inventory and sales activity while maintaining a consistent, dealership-style presentation.
    Property Profile Location Intelligence

    Current Use by Public Records

    GAMA International Auto ... Car Dealership

    Suggested Use

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

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

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 500 N Semoran Blvd, Orlando, FL 32807
    • Trailer Rental at U-Haul — 4001 E Colonial Dr, Orlando, FL 32803
    • U-Box at U-Haul — 4001 E Colonial Dr, Orlando, FL 32803
    • U-Haul Moving & Storage of Baldwin Park — 4001 E Colonial Dr, Orlando, FL 32803
    • Propane Refill at U-Haul — 4001 E Colonial Dr, Orlando, FL 32803

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.268887
    Latitude
    28.567757

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    FAQs

    What type of property is this?
    Parking lot & garage - Automotive display lot offering up to 80 spaces plus an air-conditioned office for vehicle sales or fleet operations.
    Where is this parking lot & garage located?
    The property is located at 8710 E COLONIAL DRIVE Orlando, FL.
    What is the lease rate?
    The lease rate is $5,900 /Mo.
    What are key features of this property?
    This property features: Up to 80 vehicle display spaces across two adjacent lots on E. Colonial Drive (Lot A ~40, Lot B ~40).; Lease options: Lot A ~$5,900/month and Lot B ~$5,900/month; combined lease ~$11,800/month.; Located on E. Colonial Drive in Orlando, directly across from a major Kia franchise dealership.
    (863) 206-5755
    We can help!
    Listing Contact
    Matthew Hughes
    Matthew Hughes
    Real Estate License ID: 3471704
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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