8800 Orange AveOrlando, FL 32824

  • Retail properties
  • 12,166 SF
For Sale
$259,000 View listing

Property Details for 8800 Orange Ave

Year built
2000
Lot size
1.77 AC
Property size (Sq ft)
12,166 SF
Zone code
IND-4
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
36-23-29-8920-08-802
APU
362329892008802

Description

This exceptional investment opportunity presents a thriving Shell-branded Circle K gas station and convenience store in Orlando, Florida. Located at 8800 S Orange Ave, 32824, this single-tenant property boasts 3,040 square feet on a substantial 77,189 square foot lot, zoned IND-4. Built in 2000, the one-story building features 10 gas pumps, ensuring efficient fuel service. The property includes a Krispy Krunchy Chicken franchise, adding a significant revenue stream. This owner-user opportunity is priced at $259,000 ($85.20/sq ft) and operates under a NNN lease. The high traffic count on this heavily traveled road guarantees a steady flow of customers. The seller is motivated, making this a compelling acquisition for a qualified buyer. The property's success is further evidenced by its strong sales history and loyal customer base. This is a rare chance to acquire a well-established business in a prime Orlando location. Buyer must qualify for the Circle K franchise. APN: 36-23-29-8920-08-802.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,915,248
    6.5%
    $4,537,152
    7%
    $4,213,070
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,814,276
    Geo Method
    $4,814,276
  • Alternative Use

    Use
    Valuation
    Residential
    $3,827,257
    Hospitality
    $3,505,747
    Educational
    $2,916,740
    Medical
    $3,017,052
    Retail
    $4,537,152
8800 Orange Ave, Orlando, Florida
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Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.4428
Longitude
-81.3664
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,395
$501,724
$1,298,222
$1,799,946
-
$501,724
$1,298,222
$1,799,946

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