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Retail Building with Street-Facing Use
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1223 Columbia St, Orlando, FL 32805

A 4,480 SF retail building in Orlando, zoned I-G/T and suited for retail or commercial use.

Property Size4,480 SF
Price / SF$290.18
Days on Market166

Property Features for 1223 Columbia St

General Information

Standard status Active
Size 4,480 SF
Property subtype RETAIL
Zoning I-G/T

Site & Location

Neighborhood Parramore
Listing Agency: Millenia Partners
Listed By: Luciano Medeiros · License #BK3311408
Source: Moodyscre
Added: May 13 Changed: Oct 7 Last Checked: Oct 24 at 8:02PM

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 Millenia Partners

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Investment Insights

Based on property information with market context.

This 4,480 SF retail building is offered for sale and sits within an I-G/T zoning designation. The property is presented as a storefront-style asset, with suitability for retail or other commercial use.

The building is located in Orlando, Florida. The listing highlights retail or street retail investor interest and notes the opportunity for retail or commercial utilization under the existing zoning.

With its dedicated building size and I-G/T zoning, the property provides a straightforward platform for buyers looking to operate or reposition a retail-oriented facility for commercial purposes.

Key Highlights

  • 4,480 SF retail building in Orlando
  • Zoned I‑G/T
  • Suited for retail and street retail investors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,973
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,460 $1.8M
Cap Rate 7%
$1,256,757 $1.3M
Cap Rate 9%
$977,478 $977.5K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$130.1K $29.04/SF
− Vacancy
−$4.4K −$0.99/SF
EGI
$125.7K $28.05/SF
− OpEx
−$37.7K −$8.42/SF
NOI
$88.0K $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%
$1,759,460
Cap Rate 7%
$1,256,757
Cap Rate 9%
$977,478

Alternative Uses

Best Use
Retail
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,973 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $101,021 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

LIBERIO RADIATORS Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Nail Salon Storage Facility Dental Office Hair Salon Pharmacy

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

940
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 41% Home Improvements & Furnishings 4%
McDonald's Dining
24,774 visits/mo 0.3 miles
Wendy's Dining
11,500 visits/mo 0.2 miles
7-Eleven Shops & Services
8,630 visits/mo 0.3 miles
Family Dollar Shops & Services
5,235 visits/mo 0.3 miles
AutoZone Shops & Services
3,419 visits/mo 0.3 miles

Demographics for 32805, FL

23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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

Frequently Asked Questions

What type of property is this?
Retail space - A 4,480 SF retail building in Orlando, zoned I-G/T and suited for retail or commercial use.
Where is this retail space located?
The property is located at 1223 Columbia St Orlando, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,480 SF retail building in Orlando; Zoned I‑G/T; Suited for retail and street retail investors
(832) 675-2415 Call to check price and availability
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