Remodeled Freestanding
For Sale
$1,350,000
5005 EDGEWATER, Orlando, FL 32810
Concrete block commercial building with C-3 zoning, substantial parking, and exposure along Edgewater Dr.
Property Size1,764 SF
Lot Size0.42 Acres
Price / SF$675
Days on Market57
Property Features for 5005 EDGEWATER
General Information
Standard status
Active
Size
1,764 SF
Lot size
0.42 Acres
Property subtype
Commercial
Zoning
C-3
Site & Location
Traffic Count
26,000 vehicles/day
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,418
Building Details
Building Size
1,764 SF
Year Built
1963
Buildings
1
Construction
concrete block
Listing Agency:
LOU HAUBNER REALTY,INC.
Listed By:
Lou Haubner, Jr. · License #123002
(407) 886-8010
Source:
Elliman
Added: Aug 22
Changed: Oct 5
Last Checked: Oct 16 at 10:19AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding showroom property combines a fully renovated concrete block building with a broad paved parking area. The building contains 2,000 square feet and was originally constructed in 1963, with remodeling completed for continued commercial use. Its C-3 zoning supports a range of commercial and light industrial applications, including automotive-related and service-oriented operations.
The property occupies approximately 0.42 acres on Edgewater Dr. with 175 feet of frontage. It is also visible from the intersection with Lee Road in Orlando, and the corridor records traffic of more than 26,000 vehicles per day. The site’s configuration provides outdoor area for parking, display, or equipment associated with an approved use.
The property occupies approximately 0.42 acres on Edgewater Dr. with 175 feet of frontage. It is also visible from the intersection with Lee Road in Orlando, and the corridor records traffic of more than 26,000 vehicles per day. The site’s configuration provides outdoor area for parking, display, or equipment associated with an approved use.
Key Highlights
- Fully renovated 2,000 Sq.Ft. concrete block building
- C‑3 zoning allows a variety of commercial and light industrial uses
- Approximately 0.42+/- acre site with 175ft. frontage on Edgewater Dr.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,274
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,480
$785.5K
Cap Rate 7%
$561,057
$561.1K
Cap Rate 9%
$436,378
$436.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$58.1K $29.04/SF
− Vacancy
−$2.0K −$0.99/SF
EGI
$56.1K $28.05/SF
− OpEx
−$16.8K −$8.42/SF
NOI
$39.3K $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%
$785,480
Cap Rate 7%
$561,057
Cap Rate 9%
$436,378
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Orlando Florida Kenworth
Shops & Services
2,124 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
1,333 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Orlando, FL
Similar Off Market Nearby
- Emser Tile — 2420 Lynx Ln Suite B, Orlando, FL 32804
- C-Par Design — 2405 W Princeton St STE 9, Orlando, FL 32804
- Diamond Rug Gallery — 2500 Edgewater Dr Suite 100, Orlando, FL 32803
Frequently Asked Questions
What type of property is this?
Showroom - Concrete block commercial building with C-3 zoning, substantial parking, and exposure along Edgewater Dr.
Where is this showroom located?
The property is located at 5005 EDGEWATER 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: Fully renovated 2,000 Sq.Ft. concrete block building; C‑3 zoning allows a variety of commercial and light industrial uses; Approximately 0.42+/- acre site with 175ft. frontage on Edgewater Dr.
