4550 Michigan St Orlando, FL 32812-5233
This exceptional 136,806 square foot retail strip center, situated on a 14.48-acre lot in Orlando, Florida (zip code 32812), presents a compelling investment opportunity. Built in 1987, the property boasts 499 parking spaces and is zoned AC1, ensuring ample parking and flexibility for various retail uses. The center is anchored by established national tenants including Esporta Fitness, Presidente Supermarket, and Family Dollar, creating a strong and stable tenant mix. Units range from a minimum of 1,400 square feet to a maximum contiguous space of 3,182 square feet, with one space currently available measuring between 900 and 3,182 square feet. This space includes a grease trap, ideal for food-related businesses. The property enjoys a highly visible location at 4550 E Michigan St, just 3 miles southeast of downtown Orlando and 4.5 miles north of Orlando International Airport, ensuring high traffic volume and excellent accessibility. Multiple points of ingress and egress further enhance convenience for both customers and employees. This bustling center offers a unique opportunity to capitalize on a thriving retail market in a prime Orlando location. The property's strong tenant base, ample parking, and strategic location make it an ideal investment for discerning buyers seeking a high-return retail asset.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AC-1/SP/AN · Orlando, FLOrlando. Always verify with local authorities before improvements.
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.