Prime Orlando Commercial
For Sale
Contact for pricing
2008 N Orange Ave, Orlando, FL
Three buildings with frontage on Orange Avenue in Health Village.
Property Size6,631 SF
Lot Size0.55 Acres
Price / SF$648.47
Days on Market560
Property Features for 2008 N Orange Ave
General Information
Standard status
Active
Size
6,631 SF
Lot size
0.55 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Lake Formosa
Listing Agency:
Garito & Company
(407) 777-9660
Listed By:
Timothy Garito · License #BK3412595
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Oct 25
Last Checked: Oct 30 at 5:43PM
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 Garito & Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features three buildings with direct frontage on Orange Avenue, situated just off Princeton Avenue in the heart of "Health Village." The location is suitable for an entertainment, retail, or medical professional user or investor. The property offers multiple uses, including entertainment, retail, office, or multi-family. The combined property size is 6,631 square feet. The buildings can be purchased separately or in total.
Key Highlights
- Prime location in the heart of “Health Village”
- Priced significantly under market value; great deal for investment property
- Multiple uses for the property – entertainment, retail, office or multi‑family
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,212
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,604,240
$2.6M
Cap Rate 7%
$1,860,171
$1.9M
Cap Rate 9%
$1,446,800
$1.4M
Market Conditions
NOI Build-Up for 6,631 SF
Gross rent
$192.6K $29.04/SF
− Vacancy
−$6.5K −$0.99/SF
EGI
$186.0K $28.05/SF
− OpEx
−$55.8K −$8.42/SF
NOI
$130.2K $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%
$2,604,240
Cap Rate 7%
$1,860,171
Cap Rate 9%
$1,446,800
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,212 @ 7.0% cap · market cap 3.03%
Second Best
Office B
$1.77M
$1.55M – $2.06M
NOI $123,834 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,525 @ 7.0% cap · market cap 3.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,923
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Retail space - Three buildings with frontage on Orange Avenue in Health Village.
Where is this retail space located?
The property is located at 2008 N Orange Ave Orlando, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Prime location in the heart of “Health Village”; Priced significantly under market value; great deal for investment property; Multiple uses for the property – entertainment, retail, office or multi‑family
