Freestanding Retail
For Sale
$3,250,000
3625 Columbia Street ORLANDO, Orlando, FL 32805
Freestanding retail building with 13 onsite units, currently occupied by a neighborhood mix of convenience and service businesses.
Property Size9,569 SF
Price / SF$252.23
Days on Market47
Property Features for 3625 Columbia Street ORLANDO
General Information
Standard status
Active
Size
9,569 SF
Zoning
AC-1/SP
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$19,711
Amenities
true
Public Records
Mature Landscaping
41878
0.96
1
false
Asphalt
Slab
City Street
9569
4
Building Details
Building Size
9,569 SF
Year Built
1953
Buildings
4
Listing Agency:
THE REAL ESTATE COLLECTION LLC
(407) 656-7814
Listed By:
Matthew Kester · License #3121297
(407) 656-7814
Source:
Therealestatecollection
Added: Jul 5
Changed: Aug 19
Last Checked: Aug 19 at 5:23AM
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 REAL ESTATE COLLECTION LLC
Investment Insights
Based on property information with market context.
Offered for the first time, this freestanding retail building is located in the Washington Shores neighborhood and contains a total of 13 onsite units. The current tenant mix includes a convenience store, barbershops, pharmacy, nail salon, Taiwanese restaurant, car wash/detail shop, and the well-known WS Seafood Fish Market.
The property is presented as immediately functional with an established lineup of neighborhood businesses while also offering the flexibility for long-term redevelopment or repositioning, based on the current configuration.
As a compact, single-site retail asset, the building supports multiple everyday uses under one roofline, providing an investor or operator with a diversified onsite tenant mix within the existing framework.
The property is presented as immediately functional with an established lineup of neighborhood businesses while also offering the flexibility for long-term redevelopment or repositioning, based on the current configuration.
As a compact, single-site retail asset, the building supports multiple everyday uses under one roofline, providing an investor or operator with a diversified onsite tenant mix within the existing framework.
Key Highlights
- Freestanding retail building built in 1953 with 4 buildings and a total building area of 9,569 SF
- Total of 13 onsite units, currently occupied by a neighborhood mix of convenience and service businesses
- On‑site tenant mix includes convenience store, barbershops, pharmacy, nail salon, Taiwanese restaurant, car wash/detail shop, and WS Seafood Fish Market
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
$271,094
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
8.34%
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%
$5,421,880
$5.4M
Cap Rate 7%
$3,872,771
$3.9M
Cap Rate 9%
$3,012,156
$3.0M
Market Conditions
NOI Build-Up for 12,885 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
$374.2K $29.04/SF
− Vacancy
−$12.7K −$0.99/SF
EGI
$361.5K $28.05/SF
− OpEx
−$90.4K −$7.01/SF
NOI
$271.1K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
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%
$5,421,880
Cap Rate 7%
$3,872,771
Cap Rate 9%
$3,012,156
Alternative Uses
Best Use
Specialty Retail
$3.87M
$3.39M – $4.52M
NOI $271,094 @ 7.0% cap · market cap 8.34%
Second Best
Retail
$3.61M
$3.16M – $4.22M
NOI $253,021 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M
NOI $290,550 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 35%
Dining 11%
Walmart Neighborhood Market
Groceries
30,330 visits/mo
0.3 miles
Mobil
Shops & Services
9,915 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,267 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
6,171 visits/mo
0.2 miles
AutoZone
Shops & Services
3,436 visits/mo
0.3 miles
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- JUST TAXES UNLIMITED — 3610 Columbia St, Orlando, FL 32805
- Beauty Depot — 4001 Columbia St, Orlando, FL 32811
- Washington Shores Shopping Plaza — Columbia St, Orlando, FL 32805
Frequently Asked Questions
What type of property is this?
Shopping center - Freestanding retail building with 13 onsite units, currently occupied by a neighborhood mix of convenience and service businesses.
Where is this shopping center located?
The property is located at 3625 Columbia Street ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Freestanding retail building built in 1953 with 4 buildings and a total building area of 9,569 SF; Total of 13 onsite units, currently occupied by a neighborhood mix of convenience and service businesses; On‑site tenant mix includes convenience store, barbershops, pharmacy, nail salon, Taiwanese restaurant, car wash/detail shop, and WS Seafood Fish Market
