41 N DOLLINS AVENUE Orlando, FL 32805
Versatile commercial building with income potential near downtown Orlando.
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 office LPT REALTY, LLC (877) 366-2213
Listing date Mar 4, 2025
Source Corcoran
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Investment Insights
Based on property information with market context.
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 |