Commercial Property with C3
2720 OLD WINTER GARDEN ROAD Orlando, FL 32805
2720 OLD WINTER GARDEN ROAD, Orlando, FL, 32805
$1,490,000
For Sale
$1,490,000
Commercial property with warehouse, fenced lot, and C3 zoning.
Property Size4,041 SF
Lot Size0.93 Acres
Price / SF$368.72
Days on Market3455
Property Features for 2720 OLD WINTER GARDEN ROAD
General Information
- Standard status
- Active
- Size
- 4,041 SF
- Lot size
- 0.93 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1943
Listing Agency
STAR SOLUTION PROPERTIES LLC
(407) 383-9317
Listed by
CHERYL DANBOISE · License #681452
Source
Corcoran
Added: Feb 3, 2017 Updated: Jul 6 at 10:00 am Checked: Jul 20 at 3:37 am
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 STAR SOLUTION PROPERTIES LLC
Investment Insights
Based on property information with market context.
This commercial property, zoned C3, features a warehouse previously used for auto painting and repair, with approximately 2000 square feet. The fenced property includes an additional small parcel, totaling approximately 1.2 acres. Situated on Old Winter Garden Road, also known as Washington Street, and Georgiana Street, it is conveniently located near Highway 408 and minutes from downtown Orlando and the Citrus Bowl. The property is positioned next to and behind the corner of John Young and Old Winter Garden, maintaining visibility from John Young. The C3 zoning offers a wide range of business possibilities.
Key Highlights
- 1.2 acre lot size.
- C3 zoning offers diverse business opportunities.
- Warehouse space (approx. 2000 sq ft) suitable for various uses.
Local Financial Insights For Retail
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 | $117.4k | $29.04 |
| − Vacancy | −$4.0k | −$0.99 |
| EGI | $113.4k | $28.05 |
| − OpEx | −$34.0k | −$8.42 |
| NOI | $79.4k | $19.64 |
4,041 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.13M
$991.9K – $1.32M
NOI $79,353 @ 7.0% cap · market cap 5.33%
Second Best
Warehouse
$391.6K
$342.6K – $456.9K
NOI $27,411 @ 7.0% cap · market cap 1.84%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,122 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 3900 W Colonial Dr, Orlando, FL 32808
- 2 College Brothers - Orlando Movers — 3241 Old Winter Garden Rd Ste 26, Orlando, FL 32805
FAQs
What type of property is this?
Warehouse - Commercial property with warehouse, fenced lot, and C3 zoning.
Where is this warehouse located?
The property is located at 2720 OLD WINTER GARDEN ROAD Orlando, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 1.2 acre lot size.; C3 zoning offers diverse business opportunities.; Warehouse space (approx. 2000 sq ft) suitable for various uses.
