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Shell-Condition Retail Storefront
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3370 ROUSE RD UNIT 102 ORLANDO FL 32817-2220, Orlando, FL 32804

C-1 zoning supports retail, service, and office uses in an East Orlando commercial corridor.

Property Size750 SF
Price / SF$586.67
Days on Market53

Property Features for 3370 ROUSE RD UNIT 102 ORLANDO FL 32817-2220

General Information

Standard status Active
Size 750 SF
Property subtype Retail
Zoning C-1

Site & Location

Neighborhood Lake Formosa

Additional Details

Asking Price $440,000

Building Details

Year Built 2022
Listing Agency: Nova Real Estate Services, Inc
Listed By: Christopher Taddei · License #FL3304106
Source: Crexi
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 26 at 1:57PM

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 Nova Real Estate Services, Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 102 is a ±750 SF retail condominium at University Station, a commercial center completed in 2022. The space is delivered in shell condition without a prior build-out, allowing the interior to be configured for a selected retail, service, or office use. The property fronts Rouse Road and includes access to shared surface parking.

Located at 3370 Rouse Road in Orlando, the unit is positioned in the UCF and East Orlando corridor, near the University of Central Florida, Research Park, Waterford Lakes, and Valencia College. C-1 zoning supports a range of retail, service, and office applications. Adjacent Unit 101 is also available, with the two units capable of being combined into approximately 1,500 SF.

Key Highlights

  • ±750 SF retail condominium in Unit 102
  • Shell condition provides a configurable interior
  • University Station completed in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,728
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,560 $294.6K
Cap Rate 7%
$210,400 $210.4K
Cap Rate 9%
$163,644 $163.6K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$21.8K $29.04/SF
− Vacancy
−$741 −$0.99/SF
EGI
$21.0K $28.05/SF
− OpEx
−$6.3K −$8.42/SF
NOI
$14.7K $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%
$294,560
Cap Rate 7%
$210,400
Cap Rate 9%
$163,644

Alternative Uses

Best Use
Retail
$210.4K
$184.1K – $245.5K (±1% cap)
NOI $14,728 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.6K
$211.4K – $281.9K (±1% cap)
NOI $16,912 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Auto Parts Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

2,580
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Hotels & Casinos 18%
7-Eleven Shops & Services
32,488 visits/mo 0.1 miles
Comfort Suites Downtown Hotels & Casinos
7,313 visits/mo 0.1 miles

Demographics for 32804, FL

19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025

Similar Off Market Nearby

  • Kelly Shannon Floral — 821 Virginia Dr, Orlando, FL 32803
  • Majestic Flowers & Blooms — 807 S Orange Blossom Trail, Apopka, FL 32703
  • The Golden Bee Fleurs — 1826 N Orange Ave, Orlando, FL 32804

Frequently Asked Questions

What type of property is this?
Storefront property - C-1 zoning supports retail, service, and office uses in an East Orlando commercial corridor.
Where is this storefront property located?
The property is located at 3370 ROUSE RD UNIT 102 ORLANDO FL 32817-2220 Orlando, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: ±750 SF retail condominium in Unit 102; Shell condition provides a configurable interior; University Station completed in 2022
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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