Vacant Retail/Office
For Sale
$461,000
3370 Rouse Road #107, Orlando, FL 32819
Vacant unit near UCF, suited for retail, office, or service uses with straightforward access for occupants and visitors.
Property Size750 SF
Days on Market54
Property Features for 3370 Rouse Road #107
General Information
Standard status
Active
Size
750 SF
Taxes and HOA fees
Annual Taxes
$5,508
Building Details
Building Size
750 SF
Listing Agency:
Jade State Realty LLC
(786) 794-2564
Listed By:
Javier Medina Perez · License #A11771219
(786) 794-2564
Source:
Laerrealty
Added: Jul 7
Changed: Aug 23
Last Checked: Aug 29 at 6:13AM
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 Jade State Realty LLC
Investment Insights
Based on property information with market context.
This is a vacant retail and office unit offered for sale as Unit 107 in a larger property identified as Unit 3370 Rouse Rd. The space is presented as a versatile commercial option for businesses seeking a storefront-oriented setting that can support retail sales, office operations, or service-oriented activity.
The property is located at 3370 Rouse Road in Orlando and is described as being near the University of Central Florida (UCF). The seller’s remarks also note high visibility and easy access, factors intended to support customer reach and day-to-day convenience.
Because the unit is currently vacant, it may offer flexibility for a new tenant or owner to tailor the space to their specific operational needs within the retail, office, or service categories. The location’s proximity to UCF is positioned as a practical market consideration for businesses looking to serve the university community and nearby neighborhoods. Showing availability is coordinated through ShowingTime to schedule a visitation.
The property is located at 3370 Rouse Road in Orlando and is described as being near the University of Central Florida (UCF). The seller’s remarks also note high visibility and easy access, factors intended to support customer reach and day-to-day convenience.
Because the unit is currently vacant, it may offer flexibility for a new tenant or owner to tailor the space to their specific operational needs within the retail, office, or service categories. The location’s proximity to UCF is positioned as a practical market consideration for businesses looking to serve the university community and nearby neighborhoods. Showing availability is coordinated through ShowingTime to schedule a visitation.
Key Highlights
- Vacant commercial unit at 3370 Rouse Rd, Unit 107 in Orlando, FL
- Located near University of Central Florida (UCF)
- Versatile space suited for retail, office, or service‑oriented business use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,728
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $14,728 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.6K
$211.4K – $281.9K
NOI $16,912 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
187k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Hotels & Casinos 8%
Shops & Services 4%
Beauty & Spa 1%
Chick-fil-A
Dining
44,067 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
17,926 visits/mo
0.4 miles
Wendy's
Dining
15,887 visits/mo
0.1 miles
Buffalo Wild Wings
Dining
11,957 visits/mo
0.1 miles
IHOP
Dining
11,198 visits/mo
0.3 miles
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Vacant unit near UCF, suited for retail, office, or service uses with straightforward access for occupants and visitors.
Where is this retail space located?
The property is located at 3370 Rouse Road #107 Orlando, FL.
What is the asking price?
The asking price for this property is $461,000.
What are key features of this property?
This property features: Vacant commercial unit at 3370 Rouse Rd, Unit 107 in Orlando, FL; Located near University of Central Florida (UCF); Versatile space suited for retail, office, or service‑oriented business use
