Renovated Two-Story Office
For Sale
$2,800,000
5639 HANSEL AVENUE, Orlando, FL 32809
ECD-zoned property offers private offices, conference space, and gated access.
Property Size5,282 SF
Price / SF$530.10
Days on Market49
Property Features for 5639 HANSEL AVENUE
General Information
Standard status
Active
Size
5,282 SF
Total Parking Spaces
29
Property subtype
Office
Zoning
ECD
Land
Land Use
office
Subdividable
Yes
Additional Details
Asking Price
$2,800,000
Amenities
conference room
kitchen
kitchenette
gated access
Building Details
Year Built
1987
Buildings
1
Stories
2
Building Size
5,282 SF
Construction
Colonial
Listing Agency:
WINTER GARDEN REAL ESTATE
(407) 910-1066
Listed By:
Anthony O'Reilly Brookes · License #3275377
(407) 572-5437
Source:
Endlesssummerrealty
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 20 at 10:27PM
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 WINTER GARDEN REAL ESTATE
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Investment Insights
Based on property information with market context.
This two-story office building contains 5,282 square feet and has undergone substantial upgrades, including five new HVAC units, a replacement roof, gutters, and updated electrical systems. The first floor combines private offices, open desk booths, and a renovated kitchen, while the upper level includes executive offices, a large conference room, and a second kitchenette. Gated access serves 29 dedicated parking spaces.
The property is located at 5639 Hansel Avenue in Orlando and carries ECD, or Edgewood Central District, zoning. The City of Edgewood has approved a property split, and concept plans prepared by DRMP, Inc. identify a potential second commercial building with 26 dedicated parking spaces and a stormwater pond. The stated zoning supports professional and medical offices, banking, restaurants, and retail uses.
The property is located at 5639 Hansel Avenue in Orlando and carries ECD, or Edgewood Central District, zoning. The City of Edgewood has approved a property split, and concept plans prepared by DRMP, Inc. identify a potential second commercial building with 26 dedicated parking spaces and a stormwater pond. The stated zoning supports professional and medical offices, banking, restaurants, and retail uses.
Key Highlights
- 5,282 SF, two‑story office building
- Five new HVAC units, new roof, gutters, and updated electrical
- 29 dedicated parking spaces with gated access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,641
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,820
$2.0M
Cap Rate 7%
$1,409,157
$1.4M
Cap Rate 9%
$1,096,011
$1.1M
Market Conditions
NOI Build-Up for 5,282 SF
Gross rent
$158.5K $30.00/SF
− Vacancy
−$26.9K −$5.10/SF
EGI
$131.5K $24.90/SF
− OpEx
−$32.9K −$6.23/SF
NOI
$98.6K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,820
Cap Rate 7%
$1,409,157
Cap Rate 9%
$1,096,011
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,641 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,106 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office building - ECD-zoned property offers private offices, conference space, and gated access.
Where is this office building located?
The property is located at 5639 HANSEL AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 5,282 SF, two‑story office building; Five new HVAC units, new roof, gutters, and updated electrical; 29 dedicated parking spaces with gated access
