Building Details

Year Built 1955

Listing Agency: COMMERCIAL REAL ESTATE PROF IN Show Phone

Listed By: Mark Allen · License #3246800 Show Phone

Source: Endlesssummerrealty

Added: Oct 21 Changed: Oct 27 Last Checked: Oct 28 at 8:44AM

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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 COMMERCIAL REAL ESTATE PROF IN

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Investment Insights

Based on property information with market context.

This mixed-use property at 2698 S Orange Blossom Trail in Orlando includes two warehouse areas: an approximately 3500(+/-) SF front section with air conditioning and an approximately 7,000 (+/-) SF rear section without it. Interior improvements include drywall, paint, and lighting. A TPO roof was installed between 2023 and 2024. The site measures 0.65 acres and sits at the corner of W Washington Street and S Orange Blossom Trail.

Approximately 800 (+/-) SF is being renovated for a future barber shop, with plans for 10-15 booth rental chairs. The property also has a month-to-month tenant.

Key Highlights

• Two warehouse areas: front space is approximately 3500(+/-) SF; rear space is approximately 7,000 (+/-) SF
• Air conditioning in the front warehouse; rear warehouse has no A/C
• 0.65‑acre site at W Washington Street and S Orange Blossom Trail

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$192,905

Cap Rate

5.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,858,100 $3.9M

Cap Rate 7%

$2,755,786 $2.8M

Cap Rate 9%

$2,143,389 $2.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 14,614 SF

Gross rent

$350.7K $24.00/SF

− Vacancy

−$42.1K −$2.88/SF

EGI

$308.6K $21.12/SF

− OpEx

−$115.7K −$7.92/SF

NOI

$192.9K $13.20/SF

Area

Orlando, FL

Vacancy

12.00%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,858,100

Cap Rate 7%

$2,755,786

Cap Rate 9%

$2,143,389

Alternative Uses

Best Use

Mixed Use

$2.76M

$2.41M – $3.22M (±1% cap)

NOI $192,905 @ 7.0% cap · market cap 5.00%

Second Best

Warehouse

$1.42M

$1.24M – $1.65M (±1% cap)

NOI $99,131 @ 7.0% cap · market cap 2.57%

Theoretical Best

Office A

$4.71M

$4.12M – $5.49M (±1% cap)

NOI $329,538 @ 7.0% cap · market cap 8.54%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mattress First USA Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Restaurant Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

797

Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Orlando, FL

7.1% 2019

7.3% 2020

6.1% 2021

2.6% 2022

3.8% 2023

8.4% 2024

7.2% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Warehouse areas are paired with space currently being prepared for a barber shop.

Where is this mixed-use property located?

The property is located at 2698 S ORANGE BLOSSOM TRAIL Orlando, FL.

What is the asking price?

The asking price for this property is $3,860,000.

What are key features of this property?

This property features: Two warehouse areas: front space is approximately 3500(+/-) SF; rear space is approximately 7,000 (+/-) SF; Air conditioning in the front warehouse; rear warehouse has no A/C; 0.65‑acre site at W Washington Street and S Orange Blossom Trail