926 Mills Ave Orlando, FL 32803
This exceptional Orlando retail property, located at 926 N Mills Ave, offers a compelling investment opportunity. The 4,800 square foot, single-story building sits on a 0.14-acre lot and features three units, currently boasting 100% occupancy and generating a strong net operating income (NOI) of $192,598, resulting in a 6.02% cap rate. The asking price is $3,200,000. Built in 1951, this NNN-leased property is zoned MU-1/T and benefits from dedicated rear parking and ample street parking. Tenants include a high-performing cocktail bar and other established businesses. The property's location on the popular Mills 50 corridor in Orlando, FL (zip code 32803), ensures high foot traffic and strong demand. One unit's lease expires in six months, presenting an owner-operator opportunity or potential for lease renewal. The property's small unit sizes simplify future leasing management. The surrounding area demonstrates robust demographics, with over 14,000 residents and average household incomes exceeding $110,000 within a one-mile radius. SBA financing options are available. This asset represents a rare chance to acquire a thriving retail center in a highly desirable Orlando location. The property's APN is 24-22-29-4468-09-230.
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Smoker's Safari (Bike/Boat/Book/etc) Store
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Smokey smoke shop (Bike/Boat/Book/etc) Store
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bigtimedeals (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.