Versatile Retail and Office
3370 Rouse Road #119 Orlando, FL 32817
3370 Rouse Road #119, Orlando, FL, 32817
$445,000
Pending
For Sale
$445,000
Pending
Unit 119 offers a versatile 750-sq.-ft commercial suite near UCF, with potential to combine with Unit 120.
Property Size750 SF
Days on Market41
Property Features for 3370 Rouse Road #119
General Information
- Standard status
- Pending
- Size
- 750 SF
- Property subtype
- Commercial
Listing agency
JADE STATE REALTY LLC
(786) 794-2564
Listed by
JAVIER MEDINA PEREZ · License #A11771219
Source
Corcoran
Added: Jun 11 Updated: Jul 20 at 7:37PM Checked: Jul 21 at 5:08AM
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.
Unit 119 is a 750-sq.-ft commercial suite at 3370 Rouse Road. The space is presented as a flexible option for retail, office, or service-based businesses, with the added opportunity to combine Units 119 and 120 for increased use.
The suite is described as being near the University of Central Florida (UCF) and Research Parkway, with high visibility and easy access to major roads.
For buyers or tenants looking for a compact, adaptable footprint in a university-adjacent retail/office environment, Unit 119 provides a straightforward starting point, with the ability to expand by pairing it with Unit 120 where desired.
The suite is described as being near the University of Central Florida (UCF) and Research Parkway, with high visibility and easy access to major roads.
For buyers or tenants looking for a compact, adaptable footprint in a university-adjacent retail/office environment, Unit 119 provides a straightforward starting point, with the ability to expand by pairing it with Unit 120 where desired.
Key Highlights
- 750‑sq.-ft commercial suite at 3370 Rouse Rd, Unit 119
- Location near the University of Central Florida (UCF)
- Potential to combine with Unit 120 for maximum use of space
Local Financial Insights For Retail
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 | $21.8k | $29.04 |
| − Vacancy | −$741 | −$0.99 |
| EGI | $21.0k | $28.05 |
| − OpEx | −$6.3k | −$8.42 |
| NOI | $14.7k | $19.64 |
750 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$210.4K
$184.1K – $245.5K
NOI $14,728 @ 7.0% cap · market cap 3.31%
Second Best
Office B
$200.1K
$175.1K – $233.4K
NOI $14,006 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$241.6K
$211.4K – $281.9K
NOI $16,912 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A Grade Ahead of Orlando
Tutoring Service
Luana Esthetics
Hair Salon
University Smoke Shop ...
(Bike/Boat/Book/etc) Store
University Station Shopping ...
Shopping Center & Mall
Knitcessities
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Unit 119 offers a versatile 750-sq.-ft commercial suite near UCF, with potential to combine with Unit 120.
Where is this retail space located?
The property is located at 3370 Rouse Road #119 Orlando, FL.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 750‑sq.-ft commercial suite at 3370 Rouse Rd, Unit 119; Location near the University of Central Florida (UCF); Potential to combine with Unit 120 for maximum use of space
