Remodeled Commercial Building on
5005 EDGEWATER Dr Orlando, FL 32810
For Sale
$1,350,000
Freestanding, remodeled commercial building on busy Edgewater Drive.
Property Size2,000 SF
Lot Size0.42 Acres
Price / SF$675
Days on Market96
Property Features for 5005 EDGEWATER Dr
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.42 Acres
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
LOU HAUBNER REALTY,INC.
(407) 886-8010
Listed By:
Lou Haubner, Jr. · License #123002
(407) 886-8010
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 24 at 1:00PM
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 LOU HAUBNER REALTY,INC.
Investment Insights
Based on property information with market context.
This freestanding commercial building, completely remodeled, is situated on Edgewater Drive and visible from the intersection of Lee Road in Orlando. The property is zoned C-3, which allows for a variety of commercial and light industrial uses. The property spans 0.42 acres, featuring 175 feet of frontage on Edgewater Drive, which experiences a high traffic count of over 26,000 vehicles per day. The newly renovated 2,000 square foot concrete block building includes a large parking area. It is suitable for auto, truck, or other types of equipment sales and is also well-suited for any type of service industry. The location has a bike score of 56, indicating it is bikeable, and a walk score of 49, indicating car dependence.
Key Highlights
- High‑traffic location: Over 26,000 vehicles per day on Edgewater Dr.
- C‑3 zoning: Allows for a variety of commercial and light industrial uses.
- Completely remodeled 2,000 Sq.Ft. concrete block building.
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 | $58.1k | $29.04 |
| − Vacancy | −$2.0k | −$0.99 |
| EGI | $56.1k | $28.05 |
| − OpEx | −$16.8k | −$8.42 |
| NOI | $39.3k | $19.64 |
2,000 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$561.1K
$490.9K – $654.6K
NOI $39,274 @ 7.0% cap · market cap 2.91%
Second Best
Industrial
$159.6K
$139.7K – $186.2K
NOI $11,173 @ 7.0% cap · market cap 0.83%
Theoretical Best
Office A
$644.3K
$563.7K – $751.7K
NOI $45,099 @ 7.0% cap · market cap 3.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
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- U-Haul Neighborhood Dealer — 4929 n orange blossom trail, orlando, fl 32810
- United Access (formerly Ability Center) — 4401 Edgewater Dr, Orlando, FL 32804
Frequently Asked Questions
What type of property is this?
Automotive property - Freestanding, remodeled commercial building on busy Edgewater Drive.
Where is this automotive property located?
The property is located at 5005 EDGEWATER Dr Orlando, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High‑traffic location: Over 26,000 vehicles per day on Edgewater Dr.; C‑3 zoning: Allows for a variety of commercial and light industrial uses.; Completely remodeled 2,000 Sq.Ft. concrete block building.
