Property profile

243 Michigan St Orlando, FL 32806

OFF-MARKET
Neighborhood centers
10,168 SF 7.5 ac lot
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Property summary

AI-generated overview

This exceptional 1,013 square foot retail space is situated in Orlando's desirable South of Downtown (SODO) district at Dixie Plaza, offering unparalleled visibility and accessibility. Located at 243 E Michigan St, Orlando, FL 32806, this single-story building within a larger strip center boasts prime frontage on Michigan Street, benefiting from high traffic counts exceeding 35,000 vehicles daily. The property is part of a thriving commercial area, surrounded by established national and local businesses including Target, Publix, Walmart, Ross, Chick-fil-A, and numerous other restaurants and banks. The 1,013 square foot unit, currently vacant, is part of a larger 10,168 square foot building situated on a 0.75-acre lot. The property includes ample parking with 42+ spaces available for customers and employees. This location offers exceptional exposure at the intersection of Michigan and Orange Avenue, ensuring high visibility for your business. The space is ideal for a variety of retail uses, excluding smoke or vape shops. The property is available for lease immediately.

Property profile

Verified
Property type Neighborhood centers
Total area 10,168 SF
Lot 7.5 ac (326,700 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

243 Michigan St Orlando, FL 32806
Orlando metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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