Commercial Property Near Downtown
41 N DOLLINS AVENUE Orlando, FL 32805
41 N DOLLINS AVENUE, Orlando, FL, 32805
$1,300,000
For Sale
$1,300,000
Versatile commercial building with income potential near downtown Orlando.
Property Size4,608 SF
Lot Size0.11 Acres
Price / SF$282.12
Days on Market503
Property Features for 41 N DOLLINS AVENUE
General Information
- Standard status
- Active
- Size
- 4,608 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing Agency
LPT REALTY, LLC
(877) 366-2213
Listed by
MANUEL DELGADO · License #3346425
Source
Corcoran
Added: Mar 4, 2025 Updated: Jul 10 at 12:57 pm Checked: Jul 20 at 7:58 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 LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This commercial property is located near downtown Orlando. The building offers possibilities for entrepreneurs, investors, or business owners. It features two separate addresses, allowing for business operation on one side and income generation by leasing out the adjacent space. The property is suited for a retail store, office space, studio, or other type of business. The surrounding area has activity, ensuring foot traffic and exposure.
Key Highlights
- Prime location near downtown Orlando.
- Two separate addresses for business operation and rental income.
- Versatile building suitable for various business types (retail, office, studio, etc.).
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 | $133.8k | $29.04 |
| − Vacancy | −$4.5k | −$0.99 |
| EGI | $129.3k | $28.05 |
| − OpEx | −$38.8k | −$8.42 |
| NOI | $90.5k | $19.64 |
4,608 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,487 @ 7.0% cap · market cap 6.96%
Second Best
Office B
$1.23M
$1.08M – $1.43M
NOI $86,054 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,908 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile commercial building with income potential near downtown Orlando.
Where is this mixed-use property located?
The property is located at 41 N DOLLINS AVENUE 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: Prime location near downtown Orlando.; Two separate addresses for business operation and rental income.; Versatile building suitable for various business types (retail, office, studio, etc.).
