Renovated Hotel Near Theme
For Sale
Contact for pricing
9309 Orange Blossom Trail, Orlando, FL 32837
Fully renovated 7-story hotel near Orlando's theme parks.
Property Size162,563 SF
Price / SF$141.48
Days on Market338
Property Features for 9309 Orange Blossom Trail
General Information
Standard status
Active
Size
162,563 SF
Property subtype
Mixed Use
Zoning
C-2
Listing Agency:
Native Realty Co.
(954) 595-2999
Listed By:
Jaime Sturgis · License #3246270
Source:
Crexi
Added: Sep 27, 2025
Changed: Aug 8
Last Checked: Jul 19 at 7:58AM
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 Native Realty Co.
Investment Insights
Based on property information with market context.
This is a fully renovated 7-story hotel located at 9309 S Orange Blossom Trail in Orlando, FL. Currently operating as a Holiday Inn under a long-term IHG management agreement, the property benefits from brand recognition, global booking access, and a loyalty program. The property's design also suits alternative uses such as apartments or assisted living. The property is strategically located on US-441, which sees over 70,000 vehicles per day. It is also located minutes from Florida’s Turnpike, SR-528, Orlando International Airport, and major theme parks, and under 10 minutes to the new Brightline station. The property has a size of 162563 square feet.
Key Highlights
- Fully renovated 7‑story hotel with immediate brand recognition as a Holiday Inn under a long‑term IHG management agreement.
- Strategically located on US‑441 with high traffic volume (70,000+ VPD) and proximity to Florida’s Turnpike, SR‑528, Orlando International Airport, and major theme parks.
- Under 10 minutes to the new Brightline station, providing unmatched connectivity.
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
$1,250,922
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
5.44%
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%
$25,018,440
$25.0M
Cap Rate 7%
$17,870,314
$17.9M
Cap Rate 9%
$13,899,133
$13.9M
Market Conditions
NOI Build-Up for 162,563 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
$2.93M $18.00/SF
− Vacancy
−$292.6K −$1.80/SF
EGI
$2.63M $16.20/SF
− OpEx
−$1.38M −$8.51/SF
NOI
$1.25M $7.69/SF
Area
ZIP 32837
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
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%
$25,018,440
Cap Rate 7%
$17,870,314
Cap Rate 9%
$13,899,133
Alternative Uses
Best Use
Hotel Hospitality
$17.87M
$15.64M – $20.85M
NOI $1,250,922 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$47.75M
$41.78M – $55.71M
NOI $3,342,347 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 32837, FL
56,813
Population
21,021
Households
2.7
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
18.2 sq mi
ZIP Area
3,122
Density / Sq Mi
$86,649
Median Household Income
$37,179
Median Earnings
$1,905
Median Rent
$365,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fully renovated 7-story hotel near Orlando's theme parks.
Where is this hotel located?
The property is located at 9309 Orange Blossom Trail Orlando, FL.
What is the asking price?
The asking price for this property is $23,000,000.
What are key features of this property?
This property features: Fully renovated 7‑story hotel with immediate brand recognition as a Holiday Inn under a long‑term IHG management agreement.; Strategically located on US‑441 with high traffic volume (70,000+ VPD) and proximity to Florida’s Turnpike, SR‑528, Orlando International Airport, and major theme parks.; Under 10 minutes to the new Brightline station, providing unmatched connectivity.
