Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    35 Pine St Orlando, FL 32801
    Back to Search
    Property profile & analytics

    35 Pine St, Orlando, FL 32801

    View on Map
    • Retail properties & Spaces
    • 17,000 SF
    • 0.23 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GENERAL CONTRACTOR ORLANDO / Construction Company / General Contractor
    • Network Computer Solutions Inc / (Bike/Boat/Book/etc) Store / Corporate Office
    • Close Expired Permits Today / Construction Company / General Contractor
    • Orlando Insurance Services, LLC / Insurance Agency
    • Galloway Consultants / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 35 Pine St

    Year built
    1960
    Lot size
    0.23 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional two-story, 17,000-square-foot mixed-use building is situated on West Pine Street in the heart of downtown Orlando, Florida. Built in 1960 and renovated in 1984, the property features a charming brick exterior and an elevator. Currently, it boasts a 50% occupancy rate, with one tenant occupying 8,500 square feet of ground-floor retail space under a lease expiring December 31, 2025. The remaining 8,500 square feet offers significant potential for owner-occupancy or additional leasing. The property sits on a 0.23-acre lot and is zoned AC-3A/T/HP. Its prime location offers high visibility and excellent signage opportunities, making it ideal for businesses seeking a prominent downtown presence. The building's central location places it steps from a major pedestrian intersection, surrounded by ongoing high-value developments. This presents a unique value-add investment opportunity for owner-users seeking a blend of income generation and prestigious office space in a thriving urban environment. The property's features include ample space for customization, allowing for flexible use to suit various business needs. The asking price is $4,995,000, translating to $293.82 per square foot. This represents a rare opportunity to acquire a substantial mixed-use property in a highly desirable downtown Orlando location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3798
    Latitude
    28.5413

    Comparable in this City

    • Value Estimation by Request
      244,794 SF

      Orange Ave

      Individual retail properties
      0 Orange Ave, Orlando, FL 32801
      View Details
    • Value Estimation by Request
      37,144 SF

      28-44 Central Blvd

      Individual retail properties
      28-44 Central Blvd, Orlando, FL 32801
      View Details
    • Value Estimation by Request

      3 enclosed offices with beautiful resurfaced hardwood floors

      3 enclosed offices with beautiful resurfaced hardwood floors
      826 Mendez Court, Orlando, FL 32801
      View Details
    • Value Estimation by Request
      8,163 SF

      205 Eola Dr

      Mixed-use properties
      205 Eola Dr, Orlando, FL 32801
      View Details
    • Value Estimation by Request
      936 SF

      300 Church St

      RETAIL STORES (PERSONAL SERVICES)
      300 Church St, Orlando, FL 32801-3544
      View Details
    • Value Estimation
      $1,600,000
      6,000 SF

      30 Summerlin Ave

      RETAIL STORES (PERSONAL SERVICES)
      30 Summerlin Ave, Orlando, FL 32801-2930
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,731 SF

      Historic Downtown Mixed-Use Building

      Prime location, dual access, ideal for retail or office.
      17 E Pine St, Orlando, FL 32801
      View Details
    • Contact for pricing
      17,000 SF

      Downtown Orlando Mixed-Use Building

      Two-story, 17,000 SF mixed-use building in Downtown Orlando.
      35-39 W Pine St, Orlando, FL 32801
      View Details
    • Contact for pricing

      Prime Orlando Development Opportunity

      0.581-acre site approved for 26-story mixed-use tower.
      319 N Magnolia Ave, Orlando, FL 32801
      View Details
    • $4,995,000

      Downtown Orlando Mixed-Use Building

      Two-story mixed-use building in the heart of Downtown Orlando.
      35-39 W Pine St, Orlando, FL 32801
      View Details
    • Contact for pricing
      1,723 SF

      Downtown Orlando Corner Parcel

      High-visibility corner parcel suitable for various commercial applications.
      501 E Church St, Orlando, FL 32801
      View Details
    • $5,990,000
      9,479 SF

      Downtown Orlando Redevelopment Opportunity

      Prime location near Lake Eola Park with redevelopment potential.
      421 E Robinson St, Orlando, FL 32801
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      30,090 SF

      Orlando Mixed-Use Building Office Suites

      Premier office suites in a mixed-use building for rent.
      126 E Colonial Dr, Orlando, FL 32801
      View Details
    • Contact for pricing
      10,400 SF

      Mixed-Use Tower in Church Street

      Transit-oriented development with office, retail, and residential spaces.
      225 S Garland Ave, Orlando, FL 32801
      View Details
    • Contact for pricing
      822 SF

      Restaurant and Office Space Available

      Restaurant and office space for lease in prime location.
      55 W Church St, Orlando, FL 32801
      View Details
    • Contact for pricing
      1,961 SF

      Modern Mixed-Use Tower in Orlando

      Contemporary office tower with hotel and retail in Downtown Orlando.
      333 S Garland Ave, Orlando, FL 32801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35 Pine St
    Orlando, FL 32801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 Pine St, Orlando, FL, 32801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!