1011 W LANCASTER ROAD, Orlando, FL 32809
Mixed-use commercial building for sale.
- Added:
- Oct 30, 2022
- Days on Market:
- 1348
- Last Refresh:
- Apr 5 at 8:55 pm
Property Features for 1011 W LANCASTER ROAD
General Information
- Standard status
- Active
- Size
- 19,138 SF
- Lot size
- 1.93 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1953
Listing office FORTUNE REALTY OF CLERMONT (407) 592-3215
Listing date Oct 30, 2022
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of FORTUNE REALTY OF CLERMONT
HighLights
- Freestanding building
- Mixed‑use commercial property
- Brick building
- Commercial property
- Year Built: 1953
Overview
Local Financial Insights For Mixed Use
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 | $459.3k | $24.00 |
| − Vacancy | −$55.1k | −$2.88 |
| EGI | $404.2k | $21.12 |
| − OpEx | −$151.6k | −$7.92 |
| NOI | $252.6k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3936
- Latitude
- 28.4657
