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Three-Unit Retail Storefront Property
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5544 HANSEL AVENUE UNIT 1 -3, Orlando, FL 32809

Tenant-occupied commercial space with on-site parking, prominent signage, and convenient ingress and egress.

Property Size3,150 SF
Price / SF$460.32
Days on Market29

Property Features for 5544 HANSEL AVENUE UNIT 1 -3

General Information

Standard status Active
Size 3,150 SF
Class C
Total Parking Spaces 10
Property subtype Retail
Zoning C-1
Occupancy 100%
Lease Type Gross
Net Operating Income $56,299

Additional Details

Road Access Yes

Amenities

on-site parking
storefront signage

Building Details

Year Built 2000
Buildings 1
Units 3
Tenancy Single
Listing Agency: CHARLES RUTENBERG REALTY
Listed By: Yogini Bhave · License #SL3388798
Source: Crexi
Added: Aug 2 Changed: Aug 30 Last Checked: Aug 30 at 3:02AM

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 CHARLES RUTENBERG REALTY

Investment Insights

Based on property information with market context.

The property includes three retail condominium units offered together, with storefront layouts suitable for retail, medical, professional office, personal service, showroom, and other commercial uses. Unit 1 contains 1,000 SF, Unit 2 contains 1,000 SF, and Unit 3 contains 1,149 SF. The site includes on-site parking, prominent storefront signage, and established access for entering and exiting customers and occupants. A new roof was installed in 2022.

The units are located along Hansel Avenue in Orlando, near major roadways, established residential communities, Orlando International Airport, and an active commercial district. The property is zoned C-1 and is tenant occupied. One tenant has operated at the location since 2012. The sale includes 5544 Hansel Ave Unit 1, 5542 Hansel Ave Unit 2, and 5540 Hansel Ave Unit 3.

Key Highlights

  • Three retail condominium units offered in one sale
  • Unit 1: 1,000 SF; Unit 2: 1,000 SF; Unit 3: 1,149 SF
  • New roof installed in 2022

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 (±1% cap)
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 (±1% cap)
NOI $71,031 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby
37k
Monthly Visits Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Tenant-occupied commercial space with on-site parking, prominent signage, and convenient ingress and egress.
Where is this storefront property located?
The property is located at 5544 HANSEL AVENUE UNIT 1 -3 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 offered in one sale; Unit 1: 1,000 SF; Unit 2: 1,000 SF; Unit 3: 1,149 SF; New roof installed in 2022
More about this property
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