Mixed-Use Retail and Medical
3508 Oranole Rd, Orlando, FL 32810
For Sale
Contact for pricing
Shell retail and medical/office space with drive-thru opportunities and patio areas within a mixed-use development.
Property Size2,665 SF
Price / SF$335.08
Days on Market575
Property Features for 3508 Oranole Rd
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Amenities
monument signage
patio
Listing Agency:
First Capital Property Group
(407) 872-0209
Listed By:
Trey Gravenstein · License FL SL3297477
(407) 872-0177
Source:
Moodyscre
Added: Apr 17, 2025
Changed: Nov 10
Last Checked: Nov 10 at 9:12AM
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 First Capital Property Group
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Investment Insights
Based on property information with market context.
A premier mixed-use development features dark grey shell buildings designed for retail and medical/office opportunities. The site includes retail drive-thru opportunities and more than 2,000 SF of patio space available throughout the development, with monument signage available for visibility along the primary corridors.
The property is positioned at the intersection of Ocoee-Apopka Road and W Keene Road, with over 650’ of frontage on Ocoee-Apopka Road and over 350’ of frontage on W Keene Rd and direct access. The location is less than a mile from Advent Health’s 7-story, 120-bed hospital and directly across from the new Publix Supermarket development at 3508 Oranole Rd, Orlando, FL 32810.
The property is positioned at the intersection of Ocoee-Apopka Road and W Keene Road, with over 650’ of frontage on Ocoee-Apopka Road and over 350’ of frontage on W Keene Rd and direct access. The location is less than a mile from Advent Health’s 7-story, 120-bed hospital and directly across from the new Publix Supermarket development at 3508 Oranole Rd, Orlando, FL 32810.
Key Highlights
- Mixed‑use development at Ocoee‑Apopka Rd and W Keene Rd with dark grey shell retail and medical/office buildings
- Retail drive‑thru opportunities plus over 2,000 SF of patio space throughout the development
- Less than a mile from AdventHealth’s 7‑story, 120‑bed hospital and directly across from the new Publix Supermarket development
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,332
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,640
$1.0M
Cap Rate 7%
$747,600
$747.6K
Cap Rate 9%
$581,467
$581.5K
Market Conditions
NOI Build-Up for 2,665 SF
Gross rent
$77.4K $29.04/SF
− Vacancy
−$2.6K −$0.99/SF
EGI
$74.8K $28.05/SF
− OpEx
−$22.4K −$8.42/SF
NOI
$52.3K $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%
$1,046,640
Cap Rate 7%
$747,600
Cap Rate 9%
$581,467
Alternative Uses
Best Use
Retail
$747.6K
$654.2K – $872.2K
NOI $52,332 @ 7.0% cap · market cap 5.86%
Second Best
Office B
$711.0K
$622.1K – $829.5K
NOI $49,769 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$858.5K
$751.2K – $1.00M
NOI $60,094 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 32810, FL
35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Orlando, FL
Properties on Market for Mixed-use properties in Orlando
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell retail and medical/office space with drive-thru opportunities and patio areas within a mixed-use development.
Where is this mixed-use property located?
The property is located at 3508 Oranole Rd Orlando, FL.
What is the asking price?
The asking price for this property is $893,000.
What are key features of this property?
This property features: Mixed‑use development at Ocoee‑Apopka Rd and W Keene Rd with dark grey shell retail and medical/office buildings; Retail drive‑thru opportunities plus over 2,000 SF of patio space throughout the development; Less than a mile from AdventHealth’s 7‑story, 120‑bed hospital and directly across from the new Publix Supermarket development
