Search
Versatile Storefront Retail Building
For Sale
$695,000

631 E Oak Ridge Rd, Orlando, FL 32809

Storefront-style retail building with a flexible layout positioned along the East Oak Ridge Road corridor for strong visibility.

Property Size2,020 SF
Price / SF$344.06
Days on Market93

Property Features for 631 E Oak Ridge Rd

General Information

Standard status Active
Size 2,020 SF
Listing Agency: COLDWELL BANKER REALTY
Listed By: Cathy Sawruk Williams
Source: Exprealty
Added: May 5 Changed: Jul 22 Last Checked: Jul 31 at 5:14PM

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.

631 E Oak Ridge Road is a versatile storefront retail building offering a flexible layout suitable for a variety of professional, retail, or service-oriented uses. The property is presented as an ownership opportunity for either an investor seeking a steady-income setup or a business owner looking to occupy the space and manage occupancy costs.

The building is located along the highly traveled East Oak Ridge Road corridor, with convenient access to major roadways. Public remarks also highlight visibility and signage potential, supporting customer accessibility.

The site is surrounded by residential neighborhoods and nearby commercial development, with proximity to South Orange Avenue, Orlando International Airport, and key employment centers. This setting is presented as contributing to consistent traffic flow and established nearby business activity.

Key Highlights

  • Storefront‑style retail building with a flexible layout for a variety of professional, retail, or service uses
  • Located along the highly traveled East Oak Ridge Road corridor
  • Positioned for visibility and signage potential

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 $58.7k $29.04
− Vacancy −$2.0k −$0.99
EGI $56.7k $28.05
− OpEx −$17.0k −$8.42
NOI $39.7k $19.64
2,020 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$566.7K
$495.8K – $661.1K (±1% cap)
NOI $39,666 @ 7.0% cap · market cap 5.71%
Second Best
no second resolved use
Theoretical Best
Office A
$650.7K
$569.4K – $759.2K (±1% cap)
NOI $45,550 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Macestetic Spa & Massage Center Kingdom Communications LLC Telecommunications Service Waves & Curls Hair Salon

Suggested Use

Top Pick Dental Office Garden Center Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby
600k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 75% Shops & Services 10% Dining 10% Hotels & Casinos 4%
Nike Factory Store Apparel
89,980 visits/mo 0.5 miles
Bass Pro Shops Apparel
84,543 visits/mo 0.4 miles
Nike Factory Store Apparel
46,390 visits/mo 0.3 miles
Ross Dress for Less Apparel
39,396 visits/mo 0.5 miles
McDonald's Dining
37,013 visits/mo 0.3 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Storefront-style retail building with a flexible layout positioned along the East Oak Ridge Road corridor for strong visibility.
Where is this retail space 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: Storefront‑style retail building with a flexible layout for a variety of professional, retail, or service uses; Located along the highly traveled East Oak Ridge Road corridor; Positioned for visibility and signage potential
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message