Three-Unit Retail
For Sale
$1,450,000
5544 HANSEL Avenue, Orlando, FL 32809
Commercial Sale, ORLANDO, FL
Property Size3,150 SF
Lot Size0.07 Acres
Price / SF$460.32
Days on Market52
Property Features for 5544 HANSEL Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-1
Subdivision
OAK TREE PLAZA CONDO OR 6128/2530
Directions
Continue on FL-429 N. Take FL-408 E to W Michigan St in Orlando. Continue onto FL-408 E . Use the right lane to take exit 10A to merge onto I-4 W toward Tampa. Use the 2nd from the right lane to take exit 81 toward US-17 N/US-92 E/US-441 N. Take S Orange Ave to Hansel Ave in Edgewood. Destination on the left.
Standard status
Active
APN
24-23-29-6079-00-010
Size
3,150 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAK TREE PLAZA CONDO 6128/2530 UNIT 1
Tax Annual Amount
2382
Legal Description
OAK TREE PLAZA CONDO 6128/2530 UNIT 1
Utilities
Cooling system
Central Air
Amenities
on-site parking
storefront signage
ingress/egress
Building Details
Year built
2000
Floors in Building
1
Number of units
3
Building materials
Stucco
Roof type
Shingle
Listing Agency:
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
Listed By:
Yogi Bhave · License #3388798
(407) 412-1489
Added: Jul 28
Changed: Sep 8
Last Checked: Sep 17 at 12:06AM
MLS# O6423635
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This shopping center offering includes three retail condominium units totaling approximately 3,150 square feet. The units measure 1,000 square feet at 5544 Hansel Ave, 1,000 square feet at 5542 Hansel Ave, and 1,150 square feet at 5540 Hansel Ave. Built in 2000, the property has stucco construction, shingle roofing, and central air conditioning. The sale includes all three units, which are currently tenant occupied.
Located in Orlando’s 32809 postal area, the property sits along Hansel Avenue near major roadways, established residential communities, Orlando International Airport, and an active commercial district. On-site parking, storefront signage, and ingress and egress support customer and business access. The property is zoned C-1, and a new roof was installed in 2018.
Located in Orlando’s 32809 postal area, the property sits along Hansel Avenue near major roadways, established residential communities, Orlando International Airport, and an active commercial district. On-site parking, storefront signage, and ingress and egress support customer and business access. The property is zoned C-1, and a new roof was installed in 2018.
Key Highlights
- Three retail condominium units totaling approximately 3,150 square feet
- Unit sizes include 1,000 SF, 1,000 SF, and 1,150 SF
- All three units are included in the sale and are tenant occupied
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
$61,856
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
4.27%
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%
$1,237,120
$1.2M
Cap Rate 7%
$883,657
$883.7K
Cap Rate 9%
$687,289
$687.3K
Market Conditions
NOI Build-Up for 3,150 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
$91.5K $29.04/SF
− Vacancy
−$3.1K −$0.99/SF
EGI
$88.4K $28.05/SF
− OpEx
−$26.5K −$8.42/SF
NOI
$61.9K $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%
$1,237,120
Cap Rate 7%
$883,657
Cap Rate 9%
$687,289
Alternative Uses
Best Use
Retail
$883.7K
$773.2K – $1.03M
NOI $61,856 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M
NOI $71,031 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
37k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Dollar Tree
Shops & Services
15,116 visits/mo
0.2 miles
Mobil
Shops & Services
6,558 visits/mo
0.3 miles
Dollar General
Shops & Services
4,712 visits/mo
0.1 miles
7-Eleven
Shops & Services
4,606 visits/mo
0.3 miles
Pizza Hut
Dining
2,823 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Shopping center - Tenant-occupied neighborhood commercial property with storefront signage, on-site parking, and central air conditioning.
Where is this shopping center located?
The property is located at 5544 HANSEL Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Three retail condominium units totaling approximately 3,150 square feet; Unit sizes include 1,000 SF, 1,000 SF, and 1,150 SF; All three units are included in the sale and are tenant occupied
