Search
Restaurant Opportunity on Colonial Drive
For Sale
$448,500

9852 E COLONIAL DR, Orlando, FL 32817

Turnkey restaurant with high traffic location on East Colonial.

Property Size1,175 SF
Price / SF$381.70
Days on Market350

Property Features for 9852 E COLONIAL DR

General Information

Standard status Active
Size 1,175 SF
Property subtype Restaurant

Taxes and HOA fees

Annual Taxes $5,193

Building Details

Building Size 1,175 SF
Year Built 1957
Listing Agency: LPT REALTY, LLC
Listed By: Jen Viera · License #3500610
Source: Novaorlando
Added: Nov 5, 2025 Changed: Oct 11 Last Checked: Oct 19 at 4:46PM

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 LPT REALTY, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property, offered for sale, is a fully equipped restaurant occupying a prime location on East Colonial Drive (State Road 50), a busy East-West thoroughfare in Orlando. The site benefits from substantial daily traffic and excellent visibility. The 1175 square foot property is positioned within a strong retail environment with surrounding commercial development, making it suitable for both dine-in and delivery/pick-up models. The restaurant has a proven menu and a loyal local following. The location on E Colonial Dr. connects major residential communities, employment centers and retail hubs, ensuring consistent traffic day and night. This turnkey operation offers strong fundamentals and expansion potential, presenting an opportunity for an owner-operator or investor seeking an income-producing asset.

Key Highlights

  • Prime location on E Colonial Drive (State Road 50) with substantial daily traffic and excellent visibility.
  • Turnkey operation with strong fundamentals, fully equipped for a seamless transition.
  • Seller financing may apply.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,721
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,420 $494.4K
Cap Rate 7%
$353,157 $353.2K
Cap Rate 9%
$274,678 $274.7K
Market Conditions
NOI Build-Up for 1,175 SF
Gross rent
$34.1K $29.04/SF
− Vacancy
−$1.2K −$0.99/SF
EGI
$33.0K $28.05/SF
− OpEx
−$8.2K −$7.01/SF
NOI
$24.7K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,420
Cap Rate 7%
$353,157
Cap Rate 9%
$274,678

Alternative Uses

Best Use
Specialty Retail
$353.2K
$309.0K – $412.0K (±1% cap)
NOI $24,721 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.5K
$331.2K – $441.6K (±1% cap)
NOI $26,496 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

I LOVE NYC ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Parking Lot & Garage Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
13,878 visits/mo 0.1 miles
7-Eleven Shops & Services
7,795 visits/mo 0.4 miles
Bank of America Shops & Services
7,485 visits/mo 0.5 miles
Family Dollar Shops & Services
6,007 visits/mo 0.3 miles
Valvoline Instant Oil Change Shops & Services
2,756 visits/mo 0.2 miles

Demographics for 32817, FL

40,376
Population
13,747
Households
2.9
Avg Household Size
29
Median Age
36%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,451
Density / Sq Mi
$78,546
Median Household Income
$34,316
Median Earnings
$1,741
Median Rent
$327,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with high traffic location on East Colonial.
Where is this conventional restaurant located?
The property is located at 9852 E COLONIAL DR Orlando, FL.
What is the asking price?
The asking price for this property is $448,500.
What are key features of this property?
This property features: Prime location on E Colonial Drive (State Road 50) with substantial daily traffic and excellent visibility.; Turnkey operation with strong fundamentals, fully equipped for a seamless transition.; Seller financing may apply.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again