Two-Story Mixed-Use
For Sale
Contact for pricing
1235 N ORANGE AVE, Orlando, FL 32804
Multi-tenant commercial property positioned along N Orange Avenue near Mills Park and Ivanhoe Village.
Property Size9,916 SF
Lot Size0.25 Acres
Price / SF$328.16
Days on Market53
Property Features for 1235 N ORANGE AVE
General Information
Standard status
Active
Size
9,916 SF
Lot size
0.25 Acres
Property subtype
Retail, Mixed Use
Occupancy
100%
Lease Type
NNN
Net Operating Income
$253,882
Building Details
Year Built
1925
Buildings
1
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Property Investment Brokers
Listed By:
Bobby Luthra · License #FL 646462
(407) 468-0099
Source:
Crexi
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 16 at 8:05AM
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 Property Investment Brokers
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Investment Insights
Based on property information with market context.
This two-story mixed-use property contains 9,916 square feet within a multi-tenant building constructed in 1925. The asset occupies a 10,689-square-foot site and fronts N Orange Avenue, providing a visible commercial presence near Mills Park and the Ivanhoe Village area.
The property is near The Yard At Ivanhoe, a development with 591 residential units and 45,000 SF of commercial space. Lake House, a nine-story mixed-use building with 252 units, is also nearby. Florida Hospital Health Village is less than a half mile away and encompasses 172 acres with more than 800 beds.
The property is near The Yard At Ivanhoe, a development with 591 residential units and 45,000 SF of commercial space. Lake House, a nine-story mixed-use building with 252 units, is also nearby. Florida Hospital Health Village is less than a half mile away and encompasses 172 acres with more than 800 beds.
Key Highlights
- 9,916‑square‑foot, two‑story mixed‑use building
- 10,689‑square‑foot site along N Orange Avenue
- Multi‑tenant configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,719
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,894,380
$3.9M
Cap Rate 7%
$2,781,700
$2.8M
Cap Rate 9%
$2,163,544
$2.2M
Market Conditions
NOI Build-Up for 9,916 SF
Gross rent
$288.0K $29.04/SF
− Vacancy
−$9.8K −$0.99/SF
EGI
$278.2K $28.05/SF
− OpEx
−$83.5K −$8.42/SF
NOI
$194.7K $19.64/SF
Area
Orlando, FL
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 Rate 5%
$3,894,380
Cap Rate 7%
$2,781,700
Cap Rate 9%
$2,163,544
Alternative Uses
Best Use
Retail
$2.78M
$2.43M – $3.25M
NOI $194,719 @ 7.0% cap · market cap 5.98%
Second Best
Mixed Use
$1.87M
$1.64M – $2.18M
NOI $130,891 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$3.19M
$2.80M – $3.73M
NOI $223,600 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,373
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Hotels & Casinos 33%
Home Improvements & Furnishings 5%
Shops & Services 2%
The Fresh Market
Groceries
18,879 visits/mo
0.5 miles
DoubleTree by Hilton Orlando Downtown
Hotels & Casinos
11,349 visits/mo
0.4 miles
Ferguson
Home Improvements & Furnishings
1,623 visits/mo
0.1 miles
Dogtopia
Shops & Services
755 visits/mo
0.2 miles
AT&T
Electronics
712 visits/mo
0.5 miles
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Orlando, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant commercial property positioned along N Orange Avenue near Mills Park and Ivanhoe Village.
Where is this mixed-use property located?
The property is located at 1235 N ORANGE AVE Orlando, FL.
What is the asking price?
The asking price for this property is $3,254,000.
What are key features of this property?
This property features: 9,916‑square‑foot, two‑story mixed‑use building; 10,689‑square‑foot site along N Orange Avenue; Multi‑tenant configuration
