Flexible Retail and Office
For Sale
$695,000
631 E OAK RIDGE RD, Orlando, FL 32809
Commercial property along a heavily traveled corridor with a flexible layout for professional, retail, or service-oriented uses.
Property Size2,020 SF
Days on Market171
Property Features for 631 E OAK RIDGE RD
General Information
Standard status
Active
Size
2,020 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$8,177
Building Details
Building Size
2,020 SF
Year Built
1998
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Cathy Sawruk Williams · License #3301317
(407) 489-3921
Source:
Novaorlando
Added: May 5
Changed: Oct 21
Last Checked: Oct 21 at 6:30AM
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
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Investment Insights
Based on property information with market context.
631 E Oak Ridge Road offers a flexible commercial layout intended to support a range of professional, retail, or service-oriented uses. The property’s visibility and signage potential, along with convenient access to major roadways, are designed to support customer accessibility.
Located along the East Oak Ridge Road corridor in Orlando, the site sits within a mix of surrounding residential neighborhoods and nearby commercial development. WalkScore is 14 (car-dependent) and bikeScore is 37 (somewhat bikeable). The property also benefits from proximity to South Orange Avenue, Orlando International Airport, and key employment centers.
Located along the East Oak Ridge Road corridor in Orlando, the site sits within a mix of surrounding residential neighborhoods and nearby commercial development. WalkScore is 14 (car-dependent) and bikeScore is 37 (somewhat bikeable). The property also benefits from proximity to South Orange Avenue, Orlando International Airport, and key employment centers.
Key Highlights
- Commercial building built in 1998 along the East Oak Ridge Road corridor.
- Flexible layout designed to support a range of professional, retail, or service‑oriented uses.
- Strategic access to major roadways, supporting convenient customer access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,724
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,480
$754.5K
Cap Rate 7%
$538,914
$538.9K
Cap Rate 9%
$419,156
$419.2K
Market Conditions
NOI Build-Up for 2,020 SF
Gross rent
$60.6K $30.00/SF
− Vacancy
−$10.3K −$5.10/SF
EGI
$50.3K $24.90/SF
− OpEx
−$12.6K −$6.23/SF
NOI
$37.7K $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%
$754,480
Cap Rate 7%
$538,914
Cap Rate 9%
$419,156
Alternative Uses
Best Use
Office B
$538.9K
$471.6K – $628.7K
NOI $37,724 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$650.7K
$569.4K – $759.2K
NOI $45,550 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,039
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
Check the figures for this property
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 unit - Commercial property along a heavily traveled corridor with a flexible layout for professional, retail, or service-oriented uses.
Where is this office unit located?
The property is located at 631 E OAK RIDGE RD Orlando, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Commercial building built in 1998 along the East Oak Ridge Road corridor.; Flexible layout designed to support a range of professional, retail, or service‑oriented uses.; Strategic access to major roadways, supporting convenient customer access.
