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    The Largest CRE Database in the US with Over 1 Million Listings

    5304 International Dr Orlando, FL 32819

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    For Lease
    Contact for pricing

    Prime 1.77-Acre Retail Lot, Orlando

    Lot size:
    77,101 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    426
    This exceptional 1.77-acre commercial land parcel, located at 5304 International Drive in Orlando, Florida (zip code 32819), presents a unique ground lease opportunity. Zoned AC-3, this pad-ready site boasts 77,101 square feet and offers significant potential for development. Its strategic location directly fronts over 2,000 multi-family units, with an additional 1,000 hotel rooms planned within the nearby Dezerland development. This ensures high visibility and access to a substantial customer base. The property's adjacency to established businesses like 7-Eleven and Pollo Tropical further enhances its appeal. The site can comfortably accommodate a building of approximately 9,200 square feet, along with ample parking for 136 vehicles. This makes it ideal for a variety of commercial uses, particularly restaurants or retail establishments catering to the thriving tourist market on International Drive. The property's APN is 19-23-29-2676-00-030. This is a rare chance to capitalize on the consistent activity and high traffic volume of this prime Orlando location. Seize this opportunity to establish a presence in one of Orlando's most dynamic commercial corridors.

    Property Features for 5304 International Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,101 SF

    Spaces For Lease

    at 5304 International Dr, Orlando, FL 32819 Contact us

    We can help!

    Listing Contact
    Brian Grandstaff
    Brian Grandstaff

    Learn more

    Property Insight Report

    HighLights

    • Strong co‑tenancy with 7‑Eleven and Pollo Tropical.
    • High‑visibility frontage on International Drive.
    • Improved access to Universal Studios (24 million annual visitors) and I‑4 via a new flyover.
    • Across I‑4 from Universal Orlando Resort and adjacent to a Premium Outlet Mall (12 million annual visitors, $1,000+ sales per square foot).
    • Exceptional retail and restaurant sales in the immediate area.
    • High daytime population density.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4499661
    Latitude
    28.4651467

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    FAQs

    What type of property is this?
    Land - Prime 1.77-Acre Retail Lot, Orlando
    Where is this land located?
    The property is located at 5304 International Dr Orlando, FL.
    What are key features of this property?
    This property features: Strong co-tenancy with 7-Eleven and Pollo Tropical.; High-visibility frontage on International Drive.; Improved access to Universal Studios (24 million annual visitors) and I-4 via a new flyover.
    (407) 370-3211
    Request Owner's contact information
    5304 International Dr Orlando, FL 32819
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    Orlando, FL 32819
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5304 International Dr Orlando, FL 32819
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    Listing Contact
    Brian Grandstaff
    Brian Grandstaff
    Real Estate License ID: SL3601941
    (407) 370-3211
    Learn more
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