Commercial Property Near Downtown
For Sale
$1,300,000
41 N DOLLINS AVE, Orlando, FL 32805
Versatile commercial building with income potential near downtown Orlando.
Property Size4,608 SF
Price / SF$282.12
Days on Market596
Property Features for 41 N DOLLINS AVE
General Information
Standard status
Active
Size
4,608 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$2,704
Building Details
Building Size
4,608 SF
Year Built
1964
Listing Agency:
LPT REALTY, LLC
Listed By:
Manuel Delgado · License #3346425
(407) 738-5717
Source:
Novaorlando
Added: Mar 3, 2025
Changed: Oct 13
Last Checked: Oct 19 at 4:38PM
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
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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.).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,826
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,520
$1.2M
Cap Rate 7%
$868,943
$868.9K
Cap Rate 9%
$675,844
$675.8K
Market Conditions
NOI Build-Up for 4,608 SF
Gross rent
$110.6K $24.00/SF
− Vacancy
−$13.3K −$2.88/SF
EGI
$97.3K $21.12/SF
− OpEx
−$36.5K −$7.92/SF
NOI
$60.8K $13.20/SF
Area
Orlando, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,520
Cap Rate 7%
$868,943
Cap Rate 9%
$675,844
Alternative Uses
Best Use
Mixed Use
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
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 AVE 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.).
