2300 Orange Blossom Trl Orlando, FL 32805

Property Details for 2300 Orange Blossom Trl

Year built

1957

Lot size

1.39 lot acres

Property size

11,392 SF

Zone code

R-1A

Property type

Office buildings

APN

03-23-29-0180-35-010

APU

32329018035010

Description

This exceptional redevelopment opportunity presents a 11,392 square foot, two-story commercial building situated on a 1.85-acre corner lot in Orlando, Florida. Boasting a prime location between Highway 408 and Interstate 4, the property benefits from approximately 100,000 vehicles per day on Orange Blossom Trail, offering significant visibility and accessibility. Currently operating at 90% occupancy with five tenants under a gross lease, the property generates a substantial net operating income (NOI) of $135,600, yielding a compelling 6.19% cap rate. The asking price is $2,190,000, translating to $192.24 per square foot. Built in 1957 and renovated in a recent year, the Class C building features 10,688 square feet of net rentable space and 75 parking spaces per 1,000 square feet. The property is zoned NAC and offers significant potential for expansion due to its generous lot size and high-traffic location. Seller financing may be available. This is an ideal investment for those seeking a high-return, income-generating property with significant redevelopment potential in a rapidly growing area of Downtown Orlando. The property's prominent corner location, fronting 200 feet on Highway 441, further enhances its appeal.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.3978

Latitude

28.5178

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments