Corner Building: Retail or
For Sale
$415,000
Pending
830 HOFFNER AVENUE, Orlando, FL 32809
Versatile commercial building with tenant, ideal for owner-occupancy.
Property Size1,497 SF
Lot Size0.13 Acres
Days on Market534
Property Features for 830 HOFFNER AVENUE
General Information
Standard status
Pending
Size
1,497 SF
Lot size
0.13 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1948
Listing Agency:
THE TEAM REAL ESTATE GROUP INC
(407) 484-9017
Listed By:
John Tremblay · License #3119142
(407) 484-9017
Source:
Exitrealty
Added: Feb 17, 2025
Changed: Jul 6
Last Checked: Aug 5 at 5:59AM
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 THE TEAM REAL ESTATE GROUP INC
Investment Insights
Based on property information with market context.
This corner building, suitable for office or retail use, is located on Hoffner Avenue, across from Mecatos Bakery. The layout includes a reception desk and waiting area, five individual rooms, a large common room, and a smaller common room, along with a bathroom and rear entrance. Additionally, there is a separate studio office with its own front entrance, currently occupied by a different business. The main building is leased to a tattoo shop, currently in the third year of an annual lease at $2249 per month. The second tenant will be vacating the studio. The tattoo business has expressed interest in renting the studio for an additional $200 per month. The property is zoned C1 and has previously served as a real estate office and a retail sports equipment store. The building benefits from high traffic volume on Hoffner Avenue. Parking includes space for seven cars in the rear, one spot in front of the studio office, and a circular driveway at the front. A new stone-coated metal roof, advertised as a 70-year roof, was installed in 2024, along with a new AC compressor unit. The property size is 1497 square feet.
Key Highlights
- Prime corner location on Hoffner and Orange Ave with high traffic count.
- New stone coated metal roof (2024) advertised as a 70‑year roof.
- Income‑producing property with existing tenant (tattoo shop) and potential studio rental income.
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 | $43.5k | $29.04 |
| − Vacancy | −$1.5k | −$0.99 |
| EGI | $42.0k | $28.05 |
| − OpEx | −$12.6k | −$8.42 |
| NOI | $29.4k | $19.64 |
1,497 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$419.9K
$367.5K – $489.9K
NOI $29,396 @ 7.0% cap · market cap 7.08%
Second Best
Office B
$399.4K
$349.5K – $465.9K
NOI $27,956 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$482.2K
$422.0K – $562.6K
NOI $33,757 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
Demographics for 32809, FL
29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial building with tenant, ideal for owner-occupancy.
Where is this retail space located?
The property is located at 830 HOFFNER AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Prime corner location on Hoffner and Orange Ave with high traffic count.; New stone coated metal roof (2024) advertised as a 70‑year roof.; Income‑producing property with existing tenant (tattoo shop) and potential studio rental income.
