1919 Orange Ave Orlando, FL 32804-5567
- Office buildings
- 20,716 SF
- 0.84 lot acres
Current Use by Public Records
- Wendy's / Restaurant / Fast Food Restaurant
Property Details for 1919 Orange Ave
- Year built
- 1957
- Lot size
- 0.84 lot acres
- Property size
- 20,716 SF
- Zone code
- PD/T
- Property type
- Office buildings
- APN
- 13-22-29-6100-00-010
- APU
- 132229610000010
Description
This exceptional single-tenant retail property, ideally situated at 1919 S Orange Ave in Orlando, Florida, presents a compelling investment opportunity. The property boasts a substantial 3,747 square feet of space, perfectly suited for a quick-service restaurant (QSR) operation. Located in Orange County, within the vibrant SoDo district, this 0.89-acre lot benefits from exceptional visibility and accessibility, ensuring high foot traffic and convenient customer access. The property's "second-generation" status suggests existing restaurant infrastructure, potentially reducing initial build-out costs and accelerating the launch of a new business. The single-tenant occupancy simplifies management and provides a stable income stream. The address, 1919 S Orange Ave, Orlando, FL 32806, places the property within a dynamic commercial area, offering significant potential for growth and profitability. This is a rare opportunity to acquire a well-positioned, established QSR space in a thriving Florida market. The property's size and location make it an attractive prospect for both established QSR brands seeking expansion and ambitious entrepreneurs looking to establish a new venture. The existing infrastructure and prime location offer a significant advantage in a competitive market. This is a turnkey opportunity to capitalize on the strong demand for QSR services in this high-traffic area of Orlando.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,880,000
- 6.5%
- $6,350,000
- 7%
- $5,895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,131,000
- AI Estimate
- $3,856,000
Market price range: $3.75M - $9.23MMarket price range: $1.34M - $8.07M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,490,000 Current use
- AUTO REPAIR, GARAGE
- $6,910,000 Change: +6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,715,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3724
- Latitude
- 28.5697
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA