Mixed-Use Retail and Office
For Sale
$3,600,000
5801 Dahlia Drive, Orlando, FL 32807
Eight separately metered, fully leased units combine office and retail uses with 22 on-site parking spaces.
Property Size6,640 SF
Lot Size0.41 Acres
Price / SF$542.17
Days on Market785
Property Features for 5801 Dahlia Drive
General Information
Standard status
Active
Size
6,640 SF
Total Parking Spaces
22
Lot size
0.41 Acres
Property subtype
Commercial Sale / Mixed Use
Zoning
C-2
Occupancy
100%
Net Operating Income
$16,700
Taxes and HOA fees
Annual Taxes
$12,941
Amenities
A/C - Office Only, Wall/Window Unit(s)
Central Individual, Wall Units / Window Unit
Laminate
No
Acoustical, Drywall
8 to 9 Feet
Aluminum Frames
Square Feet
Public Records
Membrane
One
1
Security System Owned, Smoke Detector(s)
Slab
Block, Brick
Building Details
Year Built
1955
Tenancy
Multi
Listing Agency:
PARK PLACE REAL ESTATE
Listed By:
James Glenn, Esq · License #3199133
(407) 242-2367
Source:
Compass
Added: Jul 15, 2024
Changed: Aug 23
Last Checked: Aug 14 at 8:04AM
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 PARK PLACE REAL ESTATE
Investment Insights
Based on property information with market context.
This mixed-use property, zoned C-2, includes eight separately metered units that are fully leased for office and retail use. The building contains 6,640 square feet under air and offers plenty of parking with 22 available spaces. The owner completed interior renovations, including new flooring and fresh paint throughout, and the property is described as well maintained.
The property sits on a 0.41-acre parcel about one tenth of a mile off Semoran Blvd and is adjacent to high density residential.
Tenants are established and on staggered 1 to 4 year leases. Monthly fixed maintenance fees are $500.00, and monthly rents total $16,700.00.
The property sits on a 0.41-acre parcel about one tenth of a mile off Semoran Blvd and is adjacent to high density residential.
Tenants are established and on staggered 1 to 4 year leases. Monthly fixed maintenance fees are $500.00, and monthly rents total $16,700.00.
Key Highlights
- Mixed‑use (C‑2 zoned) property with eight separately metered, fully leased office/retail units
- 6,640 SF under air with established tenants on staggered 1 to 4 year leases
- 22 on‑site parking spaces on a 0.41‑acre parcel located 0.1 mile off Semoran Blvd
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
$130,389
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
3.62%
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%
$2,607,780
$2.6M
Cap Rate 7%
$1,862,700
$1.9M
Cap Rate 9%
$1,448,767
$1.4M
Market Conditions
NOI Build-Up for 6,640 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
$192.8K $29.04/SF
− Vacancy
−$6.6K −$0.99/SF
EGI
$186.3K $28.05/SF
− OpEx
−$55.9K −$8.42/SF
NOI
$130.4K $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 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%
$2,607,780
Cap Rate 7%
$1,862,700
Cap Rate 9%
$1,448,767
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,389 @ 7.0% cap · market cap 3.62%
Second Best
Office B
$1.77M
$1.55M – $2.07M
NOI $124,002 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,728 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Explore this area
Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Eight separately metered, fully leased units combine office and retail uses with 22 on-site parking spaces.
Where is this mixed-use property located?
The property is located at 5801 Dahlia Drive Orlando, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Mixed‑use (C‑2 zoned) property with eight separately metered, fully leased office/retail units; 6,640 SF under air with established tenants on staggered 1 to 4 year leases; 22 on‑site parking spaces on a 0.41‑acre parcel located 0.1 mile off Semoran Blvd
