4550 Michigan St Orlando, FL 32812-5233
Property profile & analytics
4550 Michigan St, Orlando, FL 32812-5233
- Community centers
- 8,100 SF
- 13.50 lot acres
Property ID
US18-4072812
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Esporta Fitness / Gym & Fitness Center
- Mia Juice Bar / Cafe & Coffee Shop
- One Touch Flooring / General Contractor / Renovation Specialist
- Tae kwon do / Sports School / Training Center
- Amazon Hub Locker - Mediaevalism / Postal Service / Courier Service
Property Details for 4550 Michigan St
- Year built
- 1987
- Lot size
- 13.50 lot acres
- Zone code
- AC-1/SP/AN
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 05-23-30-8601-00-010
- APU
- 52330860100010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $2,410,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,840,000
- 6.5%
- $2,620,000
- 7%
- $2,435,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,895,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.329
- Latitude
- 28.5123
- 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
$309,998
$5,442,079
$10,774,130
$16,216,209
-
$5,442,079
$10,774,130
$16,216,209
