Free Standing Retail
818 E Colonial Dr Orlando, FL
For Sale
Contact for pricing
3,840 SF retail building with high visibility.
Property Size3,840 SF
Lot Size0.29 Acres
Price / SF$624.74
Days on Market311
Property Features for 818 E Colonial Dr
General Information
Standard status
Active
Size
3,840 SF
Lot size
0.29 Acres
Property subtype
RETAIL
Listing Agency:
Saunders Commercial | Orlando
(407) 304-0553
Listed By:
Bill Nguyen · License #BK3317523
(407) 304-0553
Source:
Moodyscre
Added: Sep 22, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:16AM
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 Saunders Commercial | Orlando
Investment Insights
Based on property information with market context.
This is a 3,840 square foot free-standing building constructed in 1982 and renovated in 1985. It features 14 parking spaces. The property is zoned MU-1/T, allowing for versatile commercial development. It benefits from high visibility with approximately 48,500 vehicles per day. This property presents a retail investment opportunity with ample space for diverse retail ventures.
Key Highlights
- High visibility with ± 48,500 VPD
- Zoned MU‑1/T for versatile commercial development
- 3,840 SF free standing building
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 | $111.5k | $29.04 |
| − Vacancy | −$3.8k | −$0.99 |
| EGI | $107.7k | $28.05 |
| − OpEx | −$32.3k | −$8.42 |
| NOI | $75.4k | $19.64 |
3,840 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.08M
$942.6K – $1.26M
NOI $75,405 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,590 @ 7.0% cap · market cap 3.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 3,840 SF retail building with high visibility.
Where is this retail space located?
The property is located at 818 E Colonial Dr Orlando, FL.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: High visibility with ± 48,500 VPD; Zoned MU‑1/T for versatile commercial development; 3,840 SF free standing building
