Renovated Retail Building Near
For Sale
$875,000
Pending
2011 South Orange Avenue, Orlando, FL 32806
Three-unit retail building with commercial kitchen, across from ORMC.
Property Size3,057 SF
Days on Market264
Property Features for 2011 South Orange Avenue
General Information
Standard status
Pending
Size
3,057 SF
Property subtype
Commercial Sale / Mixed Use
Building Details
Year Built
1954
Listing Agency:
EXP REALTY LLC
(786) 288-6316
Listed By:
Alistair Baxter · License #3423472
(786) 288-6316
Source:
Compass
Added: Nov 14, 2025
Changed: Jul 10
Last Checked: Aug 5 at 11:33AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
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 | $88.8k | $29.04 |
| − Vacancy | −$3.0k | −$0.99 |
| EGI | $85.8k | $28.05 |
| − OpEx | −$25.7k | −$8.42 |
| NOI | $60.0k | $19.64 |
3,057 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$857.6K
$750.4K – $1.00M
NOI $60,030 @ 7.0% cap · market cap 6.86%
Second Best
Mixed Use
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M
NOI $68,934 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,085
Businesses Nearby
620k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Groceries 20%
Shops & Services 18%
Superstores 14%
Target
Superstores
88,771 visits/mo
0.3 miles
Wawa
Shops & Services
47,916 visits/mo
0.3 miles
Publix
Groceries
46,997 visits/mo
0.3 miles
Walmart Neighborhood Market
Groceries
42,581 visits/mo
0.1 miles
Chick-fil-A
Dining
39,464 visits/mo
0.2 miles
Demographics for 32806, FL
26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
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 $875,000.
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.
