Prime Location Commercial/Industrial
For Sale
$3,300,000
11937 S ORANGE BLOSSOM TRAIL, Orlando, FL 32837
Two buildings ideal for retail, distribution, or investment.
Property Size6,280 SF
Lot Size1.00 Acre
Price / SF$525.48
Days on Market796
Property Features for 11937 S ORANGE BLOSSOM TRAIL
General Information
Standard status
Active
Size
6,280 SF
Lot size
1.00 Acre
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$15,252
Building Details
Year Built
2020
Listing Agency:
SOUTHERN PRESTIGE REALTY INC
(407) 446-7377
Listed By:
Diana Omari · License #3301995
(407) 446-7377
Source:
Exitrealty
Added: Jun 6, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:15AM
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 SOUTHERN PRESTIGE REALTY INC
Investment Insights
Based on property information with market context.
Located in a prime area, this property features two buildings suitable for commercial or industrial operations due to I-2/I-3 zoning. Constructed in 2020, Building 1 offers 3,280 square feet with 20-foot ceilings, four high bay roll-up doors, and full air conditioning. Building 2, built in 2024, provides 3,000 square feet with 14-foot ceilings, full air conditioning, four double-door glazed entrances at 10 feet high, and three single doors on the backside. The layout is designed to accommodate up to four tenants, making it a potential multi-tenant investment. Situated on a 1.00-acre lot, the property has additional space for future development. It is located in a high-traffic area and is ideal for retail, distribution, or an auto dealer business.
Key Highlights
- Prime location with I‑2/I‑3 zoning suitable for diverse commercial/industrial businesses.
- New construction: Building 1 (2020) and Building 2 (2024).
- Building 1: 3,280 sq ft, 20' ceilings, (4) high bay roll‑up doors, fully A/C'd.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$123,319
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,466,380
$2.5M
Cap Rate 7%
$1,761,700
$1.8M
Cap Rate 9%
$1,370,211
$1.4M
Market Conditions
NOI Build-Up for 6,280 SF
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.
Gross rent
$182.4K $29.04/SF
− Vacancy
−$6.2K −$0.99/SF
EGI
$176.2K $28.05/SF
− OpEx
−$52.9K −$8.42/SF
NOI
$123.3K $19.64/SF
Area
ZIP 32837
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,466,380
Cap Rate 7%
$1,761,700
Cap Rate 9%
$1,370,211
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.06M
NOI $123,319 @ 7.0% cap · market cap 3.74%
Second Best
Flex RnD
$965.7K
$845.0K – $1.13M
NOI $67,598 @ 7.0% cap · market cap 2.05%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $129,119 @ 7.0% cap · market cap 3.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32837, FL
56,813
Population
21,021
Households
2.7
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
18.2 sq mi
ZIP Area
3,122
Density / Sq Mi
$86,649
Median Household Income
$37,179
Median Earnings
$1,905
Median Rent
$365,100
Median Home Value
Market
Vacancy Rate% for Industrial in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Two buildings ideal for retail, distribution, or investment.
Where is this flex space located?
The property is located at 11937 S ORANGE BLOSSOM TRAIL Orlando, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Prime location with I‑2/I‑3 zoning suitable for diverse commercial/industrial businesses.; New construction: Building 1 (2020) and Building 2 (2024).; Building 1: 3,280 sq ft, **20' ceilings**, (4) high bay roll‑up doors, fully A/C'd.
