Versatile Commercial Space in
6005 SILVER STAR ROAD Orlando, FL 32808
For Sale
$499,000
Spacious commercial property in a high-traffic Orlando location.
Property Size1,844 SF
Lot Size0.29 Acres
Price / SF$270.61
Days on Market786
Property Features for 6005 SILVER STAR ROAD
General Information
- Standard status
- Active
- Size
- 1,844 SF
- Lot size
- 0.29 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1972
Listing Agency:
COLDWELL BANKER REALTY
(407) 446-8086
Listed By:
Monica Perlas · License #3302907
(407) 446-8086
Source:
Exitrealty
Added: Jun 2, 2024
Changed: Jul 10
Last Checked: Jul 26 at 5:25AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This 1,844 square foot commercial space is located in a busy commercial area with surrounding businesses that include restaurants, pharmacies, medical offices, assisted living facilities, and private residential areas. The property features seven private rooms, suitable for various business needs. Customer parking is available in both the front and back of the building. The property is suitable for use as a medical office or retail space. A multi injury and accident clinic business and equipment are also for sale, ACHA license also available.
Key Highlights
- Located in a busy commercial area with high foot traffic and diverse businesses.
- Ample customer parking available in both front and back of the building.
- Seven private rooms provide flexible space.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.5k | $29.04 |
| − Vacancy | −$1.8k | −$0.99 |
| EGI | $51.7k | $28.05 |
| − OpEx | −$15.5k | −$8.42 |
| NOI | $36.2k | $19.64 |
1,844 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$517.3K
$452.6K – $603.5K
NOI $36,210 @ 7.0% cap · market cap 7.26%
Second Best
Office B
$492.0K
$430.5K – $574.0K
NOI $34,437 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$594.0K
$519.8K – $693.0K
NOI $41,581 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Florida Pain Care ...
Medical Clinic
Similar Off Market Nearby
- Sardenga Louis DVM — 2608 N Powers Dr, Orlando, FL 32818
FAQs
What type of property is this?
Medical Office Space - Spacious commercial property in a high-traffic Orlando location.
Where is this medical office space located?
The property is located at 6005 SILVER STAR ROAD Orlando, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Located in a busy commercial area with high foot traffic and diverse businesses.; Ample customer parking available in both front and back of the building.; Seven private rooms provide flexible space.
