C3 Zoned Gas Station with
827 W LANCASTER ROAD Orlando, FL 32809
For Sale
$2,500,000
Operating gas station with a convenience store and three leased units, positioned near an international airport.
Property Size5,984 SF
Price / SF$417.78
Days on Market839
Property Features for 827 W LANCASTER ROAD
General Information
Standard status
Active
Size
5,984 SF
Property subtype
Retail
Building Details
Year Built
1967
Listing Agency:
COLDWELL BANKER REALTY
(407) 696-8000
Listed By:
Nahed Georgy · License #3160895
Source:
Xome
Added: Apr 12, 2024
Changed: Jul 25
Last Checked: Jul 28 at 3:16AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This C3-zoned commercial property includes an operating gas station with four well-maintained pumps and newer double-wall fiberglass tanks. The site also features a fully functioning convenience store, with potential for an additional diesel tank. Three additional units (A, B, and C) are currently leased and operating as a barber shop/nail salon, a restaurant, and a bar/nightclub.
The property is described as having exceptional visibility near an international airport, with approximately 7,000 cars passing daily, located within a busy industrial hub and thriving residential community.
All units are leased, providing immediate income, with opportunities to renew, release, or renegotiate rents, or to repurpose units for other ventures.
The property is described as having exceptional visibility near an international airport, with approximately 7,000 cars passing daily, located within a busy industrial hub and thriving residential community.
All units are leased, providing immediate income, with opportunities to renew, release, or renegotiate rents, or to repurpose units for other ventures.
Key Highlights
- C3‑zoned commercial property near an international airport, with approximately 7,000 cars passing daily.
- Operating gas station with 4 well‑maintained pumps and newer double‑wall fiberglass tanks.
- Convenience store is fully functioning and generates income.
Financial Insights For Specialty 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 | $173.8k | $29.04 |
| − Vacancy | −$5.9k | −$0.99 |
| EGI | $167.9k | $28.05 |
| − OpEx | −$42.0k | −$7.01 |
| NOI | $125.9k | $21.04 |
5,984 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.80M
$1.57M – $2.10M
NOI $125,900 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$1.68M
$1.47M – $1.96M
NOI $117,507 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,936 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - Operating gas station with a convenience store and three leased units, positioned near an international airport.
Where is this gas station located?
The property is located at 827 W LANCASTER ROAD Orlando, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: C3‑zoned commercial property near an international airport, with approximately 7,000 cars passing daily.; Operating gas station with 4 well‑maintained pumps and newer double‑wall fiberglass tanks.; Convenience store is fully functioning and generates income.
