Triplex with Updated
For Sale
$1,300,000
4200 ANDERSON ROAD, Orlando, FL 32812
Vacant triplex with updated flooring, an AC unit, and a roof installed in 2018.
Property Size2,761 SF
Price / SF$470.84
Days on Market617
Property Features for 4200 ANDERSON ROAD
General Information
Standard status
Active
Size
2,761 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,716
Building Details
Year Built
1962
Listing Agency:
ANTHONY JOSEPH REALTY
(407) 373-9654
Listed By:
Sebastian Valdez · License #3512525
(407) 373-9654
Source:
Exitrealty
Added: Dec 22, 2024
Changed: Aug 30
Last Checked: Aug 30 at 1:37PM
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 ANTHONY JOSEPH REALTY
Investment Insights
Based on property information with market context.
This triplex was built in 1962 and is currently vacant, allowing straightforward access for evaluation. Property updates include flooring, an AC unit, and a roof installed in 2018. The building contains 2,761 square feet of property size.
The property is located at 4200 Anderson Road in Orlando, with the airport, convenience stores, and nearby schools within the surrounding area.
The property is located at 4200 Anderson Road in Orlando, with the airport, convenience stores, and nearby schools within the surrounding area.
Key Highlights
- Triplex built in 1962
- 2,761 property size
- Roof installed in 2018
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
$39,171
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
3.01%
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%
$783,420
$783.4K
Cap Rate 7%
$559,586
$559.6K
Cap Rate 9%
$435,233
$435.2K
Market Conditions
NOI Build-Up for 2,761 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
$59.6K $21.60/SF
− Vacancy
−$3.7K −$1.33/SF
EGI
$56.0K $20.27/SF
− OpEx
−$16.8K −$6.08/SF
NOI
$39.2K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /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%
$783,420
Cap Rate 7%
$559,586
Cap Rate 9%
$435,233
Alternative Uses
Best Use
Multifamily LT 5
$559.6K
$489.6K – $652.9K
NOI $39,171 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$511.1K
$447.3K – $596.3K
NOI $35,780 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$889.4K
$778.2K – $1.04M
NOI $62,259 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
Demographics for 32812, FL
34,586
Population
15,007
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,069
Density / Sq Mi
$74,245
Median Household Income
$43,993
Median Earnings
$1,561
Median Rent
$342,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Vacant triplex with updated flooring, an AC unit, and a roof installed in 2018.
Where is this triplex located?
The property is located at 4200 ANDERSON ROAD Orlando, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Triplex built in 1962; 2,761 property size; Roof installed in 2018
