Tenant-Occupied Storefront
For Sale
$1,595,000
5508 EDGEWATER, Orlando, FL 32810
Occupied commercial space with roadway access, frontage, and on-site parking.
Property Size3,060 SF
Days on Market59
Property Features for 5508 EDGEWATER
General Information
Standard status
Active
Size
3,060 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,164
Building Details
Building Size
3,060 SF
Year Built
1955
Listing Agency:
Robert Slack LLC
Listed By:
Kim Dam · License #3605351
(714) 725-9042
Source:
Elliman
Added: Aug 16
Changed: Oct 4
Last Checked: Oct 12 at 8:55PM
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 Robert Slack LLC
Investment Insights
Based on property information with market context.
Built in 1955, this storefront property is currently occupied by a tenant and configured for commercial use. The building provides frontage, access to major roadways, and on-site parking, supporting day-to-day customer and tenant access. Its Orlando setting places the property near established residential and business districts. Walk Score is 69, described as Somewhat Walkable, while Bike Score is 70, described as Very Bikeable. The combination of an existing tenant, storefront configuration, parking, and established surrounding development provides a clear operating profile for commercial ownership.
Key Highlights
- Currently tenant‑occupied storefront property
- Building constructed in 1955
- Frontage with access to major roadways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,089
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,780
$1.2M
Cap Rate 7%
$858,414
$858.4K
Cap Rate 9%
$667,656
$667.7K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$88.9K $29.04/SF
− Vacancy
−$3.0K −$0.99/SF
EGI
$85.8K $28.05/SF
− OpEx
−$25.8K −$8.42/SF
NOI
$60.1K $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%
$1,201,780
Cap Rate 7%
$858,414
Cap Rate 9%
$667,656
Alternative Uses
Best Use
Retail
$858.4K
$751.1K – $1.00M
NOI $60,089 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$985.7K
$862.5K – $1.15M
NOI $69,001 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Occupied commercial space with roadway access, frontage, and on-site parking.
Where is this storefront property located?
The property is located at 5508 EDGEWATER Orlando, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Currently tenant‑occupied storefront property; Building constructed in 1955; Frontage with access to major roadways
