Commercial Space with
For Sale
$750,000
414 W OAK RIDGE Rd, Orlando, FL 32809
Commercial property with frontage on Oak Ridge Road and warehouse.
Property Size2,780 SF
Lot Size0.25 Acres
Days on Market263
Property Features for 414 W OAK RIDGE Rd
General Information
Standard status
Active
Size
2,780 SF
Lot size
0.25 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,012
Building Details
Building Size
2,780 SF
Year Built
1950
Stories
1
Listing Agency:
BREDY INTERNATIONAL REALTY SERVICES LLC.
(786) 586-1736
Listed By:
ODNEY Bredy · License #3160068
(786) 586-1736
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:59AM
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 BREDY INTERNATIONAL REALTY SERVICES LLC.
Investment Insights
Based on property information with market context.
This commercial property, currently used as a barber shop, features direct frontage on Oak Ridge Road. The property is zoned C-1 for commercial use. The showroom area measures 12x20 feet and includes a restroom for staff or patrons. A 24x24 foot warehouse constructed with steel I-beams is located at the back of the property, previously used for engine lift. The versatile lot is suitable for various uses, including day care, retail, smoke shop, automotive repair, and beauty salon. The new owner can adapt the property to meet their specific business needs and experiences. This property can use some changes and updates to meet your business needs.
Key Highlights
- Direct Frontage on Oak Ridge Rd: High visibility and exposure.
- C‑1 Commercial Zoning: Allows for a wide range of business uses.
- Warehouse with Steel I‑Beams: 24x24 foot warehouse suitable for storage.
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
$54,590
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
7.28%
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%
$1,091,800
$1.1M
Cap Rate 7%
$779,857
$779.9K
Cap Rate 9%
$606,556
$606.6K
Market Conditions
NOI Build-Up for 2,780 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
$80.7K $29.04/SF
− Vacancy
−$2.7K −$0.99/SF
EGI
$78.0K $28.05/SF
− OpEx
−$23.4K −$8.42/SF
NOI
$54.6K $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%
$1,091,800
Cap Rate 7%
$779,857
Cap Rate 9%
$606,556
Alternative Uses
Best Use
Retail
$779.9K
$682.4K – $909.8K
NOI $54,590 @ 7.0% cap · market cap 7.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$895.5K
$783.6K – $1.04M
NOI $62,687 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
9,083 visits/mo
0.5 miles
Mobil
Shops & Services
5,031 visits/mo
0.2 miles
Shell
Shops & Services
3,958 visits/mo
0.1 miles
Sunoco
Shops & Services
3,552 visits/mo
0.3 miles
Public Storage
Shops & Services
778 visits/mo
0.4 miles
Demographics for 32809, FL
29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
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 - Commercial property with frontage on Oak Ridge Road and warehouse.
Where is this retail space located?
The property is located at 414 W OAK RIDGE Rd Orlando, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Direct Frontage on Oak Ridge Rd: High visibility and exposure.; C‑1 Commercial Zoning: Allows for a wide range of business uses.; Warehouse with Steel I‑Beams: 24x24 foot warehouse suitable for storage.
