Corner Lot Auto
For Sale
Contact for pricing
14445 E Colonial Dr, Orlando, FL
Auto sales and repair facility on a corner lot.
Property Size3,610 SF
Lot Size1.92 Acres
Price / SF$692.52
Days on Market1212
Property Features for 14445 E Colonial Dr
General Information
Standard status
Active
Size
3,610 SF
Lot size
1.92 Acres
Property subtype
RETAIL
Listing Agency:
The Dunhill Companies
(407) 992-4000
Listed By:
Robert D. Winters · License #BK462927
(407) 620-0500
Source:
Moodyscre
Added: Jul 5, 2023
Changed: Oct 26
Last Checked: Oct 28 at 5:41AM
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 The Dunhill Companies
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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 an auto sales and repair facility situated on a corner lot. Constructed in 1960, the building features CBD construction with single-ply and metal roofing. The property provides parking space for approximately 250 vehicles. Located on the heavily trafficked E. Colonial Dr. (Hwy 50), the site benefits from a high daily vehicle count of 55,000.
Key Highlights
- High traffic location on E. Colonial Dr. (Hwy 50) with 55,000 vehicles daily.
- Large parking capacity for 250 vehicles.
- Corner lot parcel suitable for sales and repair facility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,889
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,780
$1.4M
Cap Rate 7%
$1,012,700
$1.0M
Cap Rate 9%
$787,656
$787.7K
Market Conditions
NOI Build-Up for 3,610 SF
Gross rent
$104.8K $29.04/SF
− Vacancy
−$3.6K −$0.99/SF
EGI
$101.3K $28.05/SF
− OpEx
−$30.4K −$8.42/SF
NOI
$70.9K $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%
$1,417,780
Cap Rate 7%
$1,012,700
Cap Rate 9%
$787,656
Alternative Uses
Best Use
Retail
$1.01M
$886.1K – $1.18M
NOI $70,889 @ 7.0% cap · market cap 2.84%
Second Best
Industrial
$288.1K
$252.1K – $336.1K
NOI $20,166 @ 7.0% cap · market cap 0.81%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,403 @ 7.0% cap · market cap 3.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
220k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Groceries 17%
Dining 15%
Home Improvements & Furnishings 6%
Wawa
Shops & Services
61,270 visits/mo
0.2 miles
RaceTrac
Shops & Services
25,215 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,597 visits/mo
0.1 miles
Aldi
Groceries
23,047 visits/mo
0.3 miles
Wendy's
Dining
20,217 visits/mo
0.2 miles
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
Similar Off Market Nearby
- Caliber Collision — 14060 E Colonial Dr, Orlando, FL 32826
- Megatech Auto Collision Center Inc — 14521 E Colonial Dr, Orlando, FL 32826
- Tires Plus — 14508 E Colonial Dr, Orlando, FL 32826
- Christian Brothers Automotive Alafaya — 14540 e colonial dr, orlando, fl 32826
- Christian Brothers Automotive Alafaya — 14539 E Colonial Dr, Orlando, FL 32826
Frequently Asked Questions
What type of property is this?
Auto shop - Auto sales and repair facility on a corner lot.
Where is this auto shop located?
The property is located at 14445 E Colonial Dr 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: High traffic location on E. Colonial Dr. (Hwy 50) with 55,000 vehicles daily.; Large parking capacity for 250 vehicles.; Corner lot parcel suitable for sales and repair facility.
