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    4702 Colonial Dr Orlando, FL 32808

    For Sale
    $1,285,000

    High-traffic, 10-year NNN lease. Excellent ROI.

    Property size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 1,300 square foot storefront property located at 4702 W Colonial Dr, Pine Hills, FL 32808, in Orange County. The property boasts a 10-year NNN lease (commencing July 1, 2022, and expiring June 30, 2032), with 7.6 years remaining, and features two separate income-producing parcels occupied by a well-established auto dealership. The asking price is $1,285,000, offering a compelling 6.30% cap rate and a current Net Operating Income (NOI) of $80,378. The property underwent complete renovations in 2022, including a new roof and HVAC system. The lease includes a beneficial 3% annual rent increase. The landlord is responsible for roof and structure maintenance

    Property Features for 4702 Colonial Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,300 SF
    Lot Size
    22,216 SF

    Building Details

    Year Renovated
    2022

    HighLights

    • New 10‑year NNN lease with 7.6 years remaining.
    • Two separate income‑producing parcels occupied by an established auto dealership.
    • Complete renovations in 2022, including new roof and HVAC.
    • Landlord responsible for roof and structure maintenance; tenant responsible for all other items.
    • Well‑established auto dealership tenant in the Orlando market.
    • Over half‑acre C‑3 zoned site with high traffic exposure (43,000+ cars daily).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fast Payday Loans, ... Loan Agency Stitch Car Auto ... Used Car Dealer Coley Express Car ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.441058745825
    Latitude
    28.552457393871

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic, 10-year NNN lease. Excellent ROI.
    Where is this individual retail property located?
    The property is located at 4702 Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: New 10-year NNN lease with 7.6 years remaining.; Two separate income-producing parcels occupied by an established auto dealership.; Complete renovations in 2022, including new roof and HVAC.
    Request Owner's contact information
    4702 Colonial Dr Orlando, FL 32808
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    Realmo Value Estimation

    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.

    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.

    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
    4702 Colonial Dr Orlando, FL 32808
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