Auto Business Area with
For Sale
$295,000
Pending
22 N OHIO STREET, Orlando, FL 32805
Commercial property with C-3 zoning and residential duplex.
Property Size1,023 SF
Lot Size0.18 Acres
Days on Market245
Property Features for 22 N OHIO STREET
General Information
Standard status
Pending
Size
1,023 SF
Lot size
0.18 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,945
Amenities
Central air
Pool
Public Pool
Wall/Window Unit(s) Cooling
Building Details
Year Built
1933
Listing Agency:
PROPERTY WAREHOUSES OF AMERICA
(321) 234-2683
Listed By:
ANTHONY HARDY · License #543212
(407) 924-3212
Source:
Corcoran
Added: Feb 5
Changed: Aug 8
Last Checked: Aug 19 at 7:26AM
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 PROPERTY WAREHOUSES OF AMERICA
Investment Insights
Based on property information with market context.
This property is located in an auto business area and features C-3 zoning. It includes a residential duplex. The property size is 1023 square feet.
Key Highlights
- C‑3 Zoning: Suitable for a wide range of commercial activities.
- Located in established Auto Business Area.
- Includes a Residential Duplex for living or rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,088
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,760
$401.8K
Cap Rate 7%
$286,971
$287.0K
Cap Rate 9%
$223,200
$223.2K
Market Conditions
NOI Build-Up for 1,023 SF
Gross rent
$29.7K $29.04/SF
− Vacancy
−$1.0K −$0.99/SF
EGI
$28.7K $28.05/SF
− OpEx
−$8.6K −$8.42/SF
NOI
$20.1K $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 Rate 5%
$401,760
Cap Rate 7%
$286,971
Cap Rate 9%
$223,200
Alternative Uses
Best Use
Retail
$287.0K
$251.1K – $334.8K
NOI $20,088 @ 7.0% cap · market cap 6.81%
Second Best
Multifamily LT 5
$207.3K
$181.4K – $241.9K
NOI $14,513 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$329.5K
$288.4K – $384.5K
NOI $23,068 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Automotive property - Commercial property with C-3 zoning and residential duplex.
Where is this automotive property located?
The property is located at 22 N OHIO STREET Orlando, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: C‑3 Zoning: Suitable for a wide range of commercial activities.; Located in established Auto Business Area.; Includes a Residential Duplex for living or rental income.
