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Freestanding Brick Mixed-Use Building
For Sale
$4,500,000

1011 W Lancaster Road ORLANDO, Orlando, FL 32809

Freestanding brick mixed-use commercial property scheduled for a 2026 remodel.

Property Size19,138 SF
Price / SF$235.13
Days on Market99

Property Features for 1011 W Lancaster Road ORLANDO

General Information

Standard status Active
Size 19,138 SF
Zoning C-3

Taxes and HOA fees

Annual Taxes $16,855

Amenities

1
true
Retention Areas
Public
1.929
1.93
false
Asphalt
Slab
Access Road
19138

Building Details

Building Size 19,138 SF
Year Built 1953
Year Renovated 2026
Buildings 1
Stories 1
Listed By: Julie Sanchez
Source: Therealestatecollection
Added: Jul 7 Changed: Oct 1 Last Checked: Oct 7 at 9:58AM

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 Julie Sanchez

Investment Insights

Based on property information with market context.

This for-sale mixed-use commercial property is a freestanding brick building with a scheduled remodel in 2026. The offering is positioned as a remodel-ready asset intended to be owned by an operator or investor looking to put the building into its next phase.

The property is located at 1011 W Lancaster Road in Orlando, Florida. With a total property size of 19,138, it is designed to support multiple uses within a single, standalone structure.

For tenants, buyers, or partners evaluating a mixed-use format, this building provides a straightforward platform for housing different commercial functions under one roof. The scheduled 2026 remodel is a key consideration for timing and planning, as it may help align the property with updated interior finishes and overall building presentation.

Key Highlights

  • Freestanding brick mixed‑use commercial building (1 building) with 19,138 total building area
  • Scheduled 2026 remodel
  • Single‑story building with slab foundation and air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$375,810
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,516,200 $7.5M
Cap Rate 7%
$5,368,714 $5.4M
Cap Rate 9%
$4,175,667 $4.2M
Market Conditions
NOI Build-Up for 19,138 SF
Gross rent
$555.8K $29.04/SF
− Vacancy
−$18.9K −$0.99/SF
EGI
$536.9K $28.05/SF
− OpEx
−$161.1K −$8.42/SF
NOI
$375.8K $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 Rate 5%
$7,516,200
Cap Rate 7%
$5,368,714
Cap Rate 9%
$4,175,667

Alternative Uses

Best Use
Retail
$5.37M
$4.70M – $6.26M (±1% cap)
NOI $375,810 @ 7.0% cap · market cap 8.35%
Second Best
Mixed Use
$3.61M
$3.16M – $4.21M (±1% cap)
NOI $252,622 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$6.17M
$5.39M – $7.19M (±1% cap)
NOI $431,551 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

INTERNATIONAL CHURCH HOUSE ... Church Cristo La Roca (Bike/Boat/Book/etc) Store Real Barber Shop Barber Shop House of Everything Hair Salon EM Autos | Used ... Car Dealership

Suggested Use

Top Pick Florist Carpet & Flooring Store (Bike/Boat/Book/etc) Store Gym & Fitness Center Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,646
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 19% Home Improvements & Furnishings 12% Hotels & Casinos 2%
Wawa Shops & Services
35,356 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
10,190 visits/mo 0.2 miles
Family Dollar Shops & Services
9,083 visits/mo 0.5 miles
Burger King Dining
7,540 visits/mo 0.5 miles
7-Eleven Shops & Services
7,265 visits/mo 0.5 miles

Demographics for 32809, FL

29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Freestanding brick mixed-use commercial property scheduled for a 2026 remodel.
Where is this mixed-use property located?
The property is located at 1011 W Lancaster Road ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Freestanding brick mixed‑use commercial building (1 building) with 19,138 total building area; Scheduled 2026 remodel; Single‑story building with slab foundation and air conditioning
More about this property
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