Turnkey Childcare
2301 East Michigan Street Orlando, FL 32806
For Sale
Contact for pricing
Turnkey childcare facility with interior classroom space, outdoor play area, and an office building for expansion.
Property Size5,635 SF
Price / SF$248.45
Days on Market47
Property Features for 2301 East Michigan Street
General Information
- Standard status
- Active
- Size
- 5,635 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1946
Listing Agency:
First Capital Property Group
(407) 872-0209
Listed By:
Trent Scott, CCIM · License #FL BK3204675
Source:
Crexi
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 23 at 1:24PM
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 First Capital Property Group
Investment Insights
Based on property information with market context.
This turnkey childcare facility is designed to be ready for a licensed operator with no significant construction required to open 4,500 SF of interior classroom space. The offering includes approximately 6,500 SF of outdoor play space for daily activities, along with an additional 1,135 SF office building on-site. The office building is identified as space that could support future classroom expansion.
The property is located in Orlando’s SODO (South of Downtown) district within a dense, well-established urban neighborhood with concentrations of young families. It is configured as a dual-parcel site with frontage on both E Michigan Street and Gowen Street, creating two points of access for drop-off and pick-up circulation.
An established location with operational history and existing approvals is noted, and the property benefits from strong visibility on E Michigan Street with 31,000 average daily trips reported for that corridor.
The property is located in Orlando’s SODO (South of Downtown) district within a dense, well-established urban neighborhood with concentrations of young families. It is configured as a dual-parcel site with frontage on both E Michigan Street and Gowen Street, creating two points of access for drop-off and pick-up circulation.
An established location with operational history and existing approvals is noted, and the property benefits from strong visibility on E Michigan Street with 31,000 average daily trips reported for that corridor.
Key Highlights
- Fully turnkey childcare facility with 4,500 SF of interior classroom space and about 6,500 SF of outdoor play space
- Includes an additional 1,135 SF office building along Gowen Street for future classroom expansion
- Dual‑parcel configuration with frontage on E Michigan Street and Gowen Street, offering two points of access for drop‑off/pick‑up
Financial Insights For Office B
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 | $169.1k | $30.00 |
| − Vacancy | −$28.7k | −$5.10 |
| EGI | $140.3k | $24.90 |
| − OpEx | −$35.1k | −$6.23 |
| NOI | $105.2k | $18.67 |
5,635 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.32M – $1.75M
NOI $105,234 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,066 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar Off Market Nearby
- Faith Christian Preschool — 2740 E Michigan St, Orlando, FL 32806
- After School Programs LLC — 2500 S Mills Ave, Orlando, FL 32806
- EDNA- Early Developmental Nurturing Academy 2 — 2859 S Bumby Ave, Orlando, FL 32806
- Kids 1st Child Development Center — 2447 Raeford Rd, Orlando, FL 32806
- Alenka Your Learning Kids Academy — 2622 S Ferncreek Ave, Orlando, FL 32806
FAQs
What type of property is this?
Day care center - Turnkey childcare facility with interior classroom space, outdoor play area, and an office building for expansion.
Where is this day care center located?
The property is located at 2301 East Michigan Street Orlando, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully turnkey childcare facility with 4,500 SF of interior classroom space and about 6,500 SF of outdoor play space; Includes an additional 1,135 SF office building along Gowen Street for future classroom expansion; Dual‑parcel configuration with frontage on E Michigan Street and Gowen Street, offering two points of access for drop‑off/pick‑up
