Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2011 South Orange Avenue Orlando, FL 32806

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $795,000

    Three-unit retail building with commercial kitchen, across from ORMC.

    Type:Commercial Sale / Mixed Use
    Property size:
    3,057 SF
    Added:
    Aug 10, 2025
    Days on Market:
    250
    Last Refresh:
    Mar 13 at 11:11 am

    Property Features for 2011 South Orange Avenue

    General Information

    Standard status
    Active
    Size
    3,057 SF
    Property subtype
    Commercial Sale / Mixed Use

    Building Details

    Year Built
    1954

    We can help!

    Listing Contact
    Alistair Baxter

    Listing agent Alistair Baxter License #3423472

    Listing office EXP REALTY LLC

    Listing date Aug 10, 2025

    Source Compass

    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 EXP REALTY LLC

    Overview

    Renovated Retail Building Near ORMC

    This is a fully renovated three-unit retail property totaling 3,057 square feet. It is located directly on Orange Avenue, across from Orlando Regional Medical Center (ORMC). Significant upgrades include a new roof, updated electrical systems, and modern restrooms in all units. One of the three bays includes a brand-new commercial kitchen, offering immediate upside for food and beverage operators. The property has two dedicated parking spaces per unit, plus street parking. The location provides exceptional visibility and foot traffic. The property is suitable for an owner-user or investor.
    Location Intelligence

    Current Use by Public Records

    Decker Heating & Air ... Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.3762526
    Latitude
    28.5188401

    Nearby Similar for Sale

    • $790,000
      2,833 SF

      Turn-Key Office Space Orlando

      Professional office with furniture included in a prime Orlando location.
      121 S ORANGE AVENUE, ORLANDO, FL 32801
      View Details
    • $2,500,000
      3,996 SF

      Mechanic Shop/Retail Property in Orlando

      Well-located mechanic shop/retail property with established automotive infrastructure.
      4070 S GOLDENROD ROAD, ORLANDO, FL 32822
      View Details
    • $4,150,000
      14,302 SF

      Renovated Industrial Building For Sale

      14,302 SF renovated industrial building with offices and warehouses.
      3852 L B MCLEOD ROAD, ORLANDO, FL 32805
      View Details
    • $7,700,000
      36,268 SF

      Class A Orlando Office Building

      Environmentally conscious 36,268 sqft office building for sale.
      429 S KELLER ROAD, ORLANDO, FL 32810
      View Details
    • $1,150,000
      4,265 SF

      Orlando Office Units For Sale

      Two fully built-out office units in Orlando's Kingspointe business corridor.
      6881 KINGSPOINTE PARKWAY, ORLANDO, FL 32819
      View Details
    • $600,000
      1,098 SF

      Versatile Mixed-Use Property in Orlando

      Flexible commercial space near Semoran Blvd and Colonial Drive.
      4749 HARGRAVE STREET, ORLANDO, FL 32803
      View Details
    • $1,150,000
      4,158 SF

      Versatile Flex Space in Orlando

      Well-located commercial condo with office, warehouse, and mezzanine space.
      6881 KINGSPOINTE PARKWAY, ORLANDO, FL 32819
      View Details
    • $315,000
      631 SF

      Turnkey Commercial Office in Orlando

      Move-in-ready office space near Florida Mall. Versatile for various businesses.
      4725 W SAND LAKE ROAD, ORLANDO, FL 32819
      View Details
    • $450,000
      19,494 SF

      Turnkey Supermarket on Orange Blossom

      19,494 SF supermarket with prime frontage on Orange Blossom Trail.
      4626 S ORANGE BLOSSOM TRAIL, ORLANDO, FL 32839
      View Details
    • $450,000
      1,072 SF

      Orlando Mixed-Use Industrial Property

      Highly visible mixed-use property in prime Orlando industrial area.
      3100 EUNICE AVENUE, ORLANDO, FL 32808
      View Details
    • $185,500
      1,200 SF

      Restaurant Business in Avalon Park

      Well-established restaurant business for sale in Orlando's Avalon Park.
      3564 AVALON PARK BOULEVARD, ORLANDO, FL 32828
      View Details
    • $270,000
      1,042 SF

      Remodeled Office on Pine Hills

      Remodeled office building suitable for professional office or daycare.
      1020 N PINE HILLS ROAD, ORLANDO, FL 32808
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Three-unit retail building with commercial kitchen, across from ORMC.
    Where is this mixed-use property located?
    The property is located at 2011 South Orange Avenue Orlando, FL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: High‑traffic location directly across from Orlando Regional Medical Center (ORMC) offering exceptional visibility and foot traffic.; Fully renovated property with significant upgrades including a new roof, updated electrical, and modern restrooms.; 3,057 SF retail building divided into 3 units, ideal for tenant retention and long‑term value.
    (786) 288-6316
    We can help!
    Listing Contact
    Alistair Baxter
    Real Estate License ID: 3423472
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!