Property profile

4550 Michigan St Orlando, FL 32812

OFF-MARKET
Community centers
Property ID
US18-4072812
8,100 SF 13.5 ac lot Built 1987
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Total area 8,100 SF
Lot 13.5 ac (588,253 SF)
Zoning code AC-1/SP/AN
APN 05-23-30-8601-00-010
UPID US18-4072812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Cafe & Coffee Shop
  • General Contractor Renovation Specialist
  • Sports School Training Center
  • Postal Service Courier Service

Location

4550 Michigan St Orlando, FL 32812-5233
Orlando metro Census 13604 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.41M
CAP Approach CAP
$2.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.52M

Owner & transaction history

since 2015
6 recorded transactions
2025
Price N/A
2016
Price N/A
2015
$15.5M
2005
$14.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

AC-1/SP/AN · Orlando, FL
General category UNKNOWN
Top alternative use upside
Commercial (general) $1.9M +247.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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