Reinforced Concrete Retail/Office
5068 W Colonial Drive 15 ORLANDO, Orlando, FL 32808
New
Durable reinforced concrete building with a flexible interior layout for a variety of commercial uses and operations.
Property size:
10,555 SFPrice / SF:
$236/SF- Added:
- Jul 4, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 5 at 2:25 am
Property Features for 5068 W Colonial Drive 15 ORLANDO
General Information
- Standard status
- Active
- Size
- 10,555 SF
Building Details
- Year Built
- 1989
Listing office (904) 569-5862
Listing date Jul 4, 2026
Source Movetojacksonville
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 Valeria Poore
HighLights
- 10,555 SF reinforced concrete commercial building built in 1989 with a slab foundation
- 0.26‑acre lot with asphalt road surface and access road frontage
- Single‑building property with total building area of 10,555 SF
- Air conditioning available (Air Conditioning Y/N: true)
- Flexible floor plan for multiple permitted uses listed: restaurant, retail, medical, educational, fitness, entertainment, and professional office
- Adjacent to Enson Market on W Colonial Drive (SR 50)
Overview
This approximately 10,555 SF reinforced concrete commercial building features a structure reinforced through the roof system, designed for durability and long-term performance. The layout is described as flexible, supporting a range of commercial operations, including restaurant, retail, medical, educational, fitness, entertainment, cultural uses, professional office, showroom, and corporate headquarters. The property is configured as a standalone building, providing an opportunity for owner occupancy or redevelopment planning.
Located at 5068 W Colonial Drive in Orlando, the property is positioned adjacent to Enson Market along highly traveled W Colonial Drive (SR 50). The listing notes strong accessibility and visibility on a major Central Florida commercial corridor, with convenient access to Downtown Orlando and nearby interstates including I-4 and SR 408.
For tenants or buyers seeking a more structurally robust commercial asset, the reinforced concrete construction may be particularly relevant for day-to-day operations that value resilience. The flexibility of the floor plan can support a broad set of business types, including office and showroom concepts as well as retail and service-oriented uses. The property’s established business-district setting provides a practical base for customer-facing operations within a mixed retail, dining, and professional environment.
Located at 5068 W Colonial Drive in Orlando, the property is positioned adjacent to Enson Market along highly traveled W Colonial Drive (SR 50). The listing notes strong accessibility and visibility on a major Central Florida commercial corridor, with convenient access to Downtown Orlando and nearby interstates including I-4 and SR 408.
For tenants or buyers seeking a more structurally robust commercial asset, the reinforced concrete construction may be particularly relevant for day-to-day operations that value resilience. The flexibility of the floor plan can support a broad set of business types, including office and showroom concepts as well as retail and service-oriented uses. The property’s established business-district setting provides a practical base for customer-facing operations within a mixed retail, dining, and professional environment.
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 | $306.5k | $29.04 |
| − Vacancy | −$10.4k | −$0.99 |
| EGI | $296.1k | $28.05 |
| − OpEx | −$88.8k | −$8.42 |
| NOI | $207.3k | $19.64 |
10,555 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.45M
NOI $207,267 @ 7.0% cap · market cap 8.29%
Second Best
Office B
$2.82M
$2.46M – $3.29M
NOI $197,115 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,009 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3725445
- Latitude
- 28.5730028
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Durable reinforced concrete building with a flexible interior layout for a variety of commercial uses and operations.
Where is this retail space located?
The property is located at 5068 W Colonial Drive 15 ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10,555 SF reinforced concrete commercial building built in 1989 with a slab foundation; 0.26‑acre lot with asphalt road surface and access road frontage; Single‑building property with total building area of 10,555 SF
