Commercial Property with C3
For Sale
$1,490,000
2720 Old Winter Garden Rd, Orlando, FL 32805
Commercial property with warehouse, convenient location, and C3 zoning.
Property Size4,041 SF
Lot Size1.20 Acres
Price / SF$368.72
Days on Market214
Property Features for 2720 Old Winter Garden Rd
General Information
Standard status
Active
Size
4,041 SF
Lot size
1.20 Acres
Building Details
Year Built
1943
Listing Agency:
Star Solution Properties LLC
Listed By:
Cheryl Danboise · License #681452
(407) 383-9317
Source:
Livewelltampabay
Added: Mar 11
Changed: Oct 9
Last Checked: Oct 7 at 3:15PM
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 Star Solution Properties LLC
Investment Insights
Based on property information with market context.
This commercial property, zoned C3, features a warehouse that was previously used for auto painting and repair. The warehouse, which has undergone some renovations, is estimated to be approximately 2000 square feet. The property is fenced and includes an additional small parcel, bringing the total acreage to approximately 1.2 acres. Situated on Old Winter Garden Road, also known as Washington Street, and Georgiana Street, the location is near Highway 408 and minutes from downtown Orlando and the Citrus Bowl. The property is located next to and behind the corner of John Young Parkway and Old Winter Garden Road, with visibility from John Young Parkway. The C3 zoning allows for a wide range of businesses and might include billboard rental.
Key Highlights
- 1.2 acre commercial property with C3 zoning.
- Prime central location near Hwy 408, downtown Orlando, and the Citrus Bowl.
- Includes a warehouse (approx. 2000 sq ft) previously used for auto painting and repair.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,353
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,060
$1.6M
Cap Rate 7%
$1,133,614
$1.1M
Cap Rate 9%
$881,700
$881.7K
Market Conditions
NOI Build-Up for 4,041 SF
Gross rent
$117.4K $29.04/SF
− Vacancy
−$4.0K −$0.99/SF
EGI
$113.4K $28.05/SF
− OpEx
−$34.0K −$8.42/SF
NOI
$79.4K $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%
$1,587,060
Cap Rate 7%
$1,133,614
Cap Rate 9%
$881,700
Alternative Uses
Best Use
Retail
$1.13M
$991.9K – $1.32M
NOI $79,353 @ 7.0% cap · market cap 5.33%
Second Best
Warehouse
$391.6K
$342.6K – $456.9K
NOI $27,411 @ 7.0% cap · market cap 1.84%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,122 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Balanced
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
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Market
Vacancy Rate% for Industrial in Orlando, FL
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Similar Off Market Nearby
- 2 College Brothers - Orlando Movers — 3241 Old Winter Garden Rd Ste 26, Orlando, FL 32805
- Public Storage — 3900 W Colonial Dr, Orlando, FL 32808
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial property with warehouse, convenient location, and C3 zoning.
Where is this warehouse located?
The property is located at 2720 Old Winter Garden Rd Orlando, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 1.2 acre commercial property with C3 zoning.; Prime central location near Hwy 408, downtown Orlando, and the Citrus Bowl.; Includes a warehouse (approx. 2000 sq ft) previously used for auto painting and repair.
