Storefront Building with Updated
For Sale
$425,000
6420 N ORANGE BLOSSOM, Orlando, FL 32810
C-2 zoning and a flexible layout accommodate retail, office, and other business uses.
Property Size1,360 SF
Days on Market8
Property Features for 6420 N ORANGE BLOSSOM
General Information
Standard status
Active
Size
1,360 SF
Property subtype
Commercial
Zoning
C-2
Site & Location
Traffic Count
23,000 vehicles/day
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,353
Building Details
Building Size
1,360 SF
Year Built
1956
Buildings
1
Listing Agency:
Atkins Realty Group
(407) 443-9812
Listed By:
Larry Atkins · License #BK3021377
(407) 443-9812
Source:
Elliman
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 22 at 7:52AM
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 Atkins Realty Group
Investment Insights
Based on property information with market context.
This stand-alone storefront building was constructed in 1956 and includes an open interior that can remain largely unobstructed or be divided into separate rooms. The space has been updated and offers a practical foundation for retail, office, or other business operations supported by the C-2 zoning designation.
The property fronts a corridor carrying an average of 23,000 cars a day, providing direct exposure to passing traffic. Its Orlando location is minutes from both the 414 and 429, connecting the building with major regional routes. Walk Score is 31, Bike Score is 36, and Transit Score is 27.
The property fronts a corridor carrying an average of 23,000 cars a day, providing direct exposure to passing traffic. Its Orlando location is minutes from both the 414 and 429, connecting the building with major regional routes. Walk Score is 31, Bike Score is 36, and Transit Score is 27.
Key Highlights
- Stand‑alone storefront building built in 1956
- C‑2 zoning supports retail, office, and other business uses
- Open floor plan can remain open or be divided into rooms
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
$26,706
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
6.28%
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%
$534,120
$534.1K
Cap Rate 7%
$381,514
$381.5K
Cap Rate 9%
$296,733
$296.7K
Market Conditions
NOI Build-Up for 1,360 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
$39.5K $29.04/SF
− Vacancy
−$1.3K −$0.99/SF
EGI
$38.2K $28.05/SF
− OpEx
−$11.4K −$8.42/SF
NOI
$26.7K $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%
$534,120
Cap Rate 7%
$381,514
Cap Rate 9%
$296,733
Alternative Uses
Best Use
Retail
$381.5K
$333.8K – $445.1K
NOI $26,706 @ 7.0% cap · market cap 6.28%
Second Best
Office B
$362.8K
$317.5K – $423.3K
NOI $25,398 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$438.1K
$383.3K – $511.1K
NOI $30,667 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32810, FL
35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoning and a flexible layout accommodate retail, office, and other business uses.
Where is this storefront property located?
The property is located at 6420 N ORANGE BLOSSOM Orlando, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Stand‑alone storefront building built in 1956; C‑2 zoning supports retail, office, and other business uses; Open floor plan can remain open or be divided into rooms
