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    5076 North Ln Orlando, FL 32808

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    5076 North Ln Orlando, FL 32808

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    • Lifestyle centers
    • 21,600 SF
    • 1.88 lot acres
    Off-Market
    Property ID
    US18-2890867
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 5076 North Ln

    Year built
    1986
    Lot size
    1.88 lot acres
    Property size
    21,600 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This Orlando, FL shopping center presents a compelling value-add opportunity. The 21,600 square foot, single-story Class B property, built in 1986 and renovated in 2020, sits on a 1.88-acre lot and features 11 units currently occupied at 79.6%. Nine tenants generate a current NOI of $198,258, with a pro-forma NOI of $293,052 projected. The asking price is $2,904,000 ($134.44/sq ft), representing a 6.83% cap rate and a pro-forma cap rate of 10.09%. Significant upside potential exists due to a 20.4% vacancy rate, compared to a 3.5% market average, and below-market average rents of $16.30/sq ft (market average $29.48/sq ft). The property benefits from a prime location near major retailers like Walmart, 7-Eleven, and Walgreens, ensuring high visibility and traffic. Lease options and fee simple ownership are available. The property's 2020 roof replacement minimizes future capital expenditure needs. This investment offers a strong cash-on-cash return based on potential lease-up and operational improvements.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4504295
    Latitude
    28.5959476

    Comparable in this City

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      37,291 SF

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      Orlando Retail Space For Lease

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      1,300 SF

      Auto Dealership Investment Opportunity

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    Similar Nearby for Sale

    • $15,000,000
      37,291 SF

      Prime Orlando Retail Investment Opportunity

      High-traffic retail center in Central Florida with long-term tenants.
      5510 W Colonial Dr, Orlando, FL 32808
      View Details
    • $549,000
      Pending

      Prime Corner Location Mixed-Use Property

      3000 sqft mixed-use property in a high-traffic Orlando location.
      5115 Silver Star Rd, Orlando, FL 32808
      View Details
    • New
      $450,000
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      Orlando Mixed-Use Property For Sale

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    • $1,750,000
      10,771 SF

      Orlando Retail Space For Lease

      10,771 SF retail space on Silver Star Road.
      5300 Silver Star Rd, Orlando, FL 32808
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      1,300 SF

      Auto Dealership Investment Opportunity

      Profitable auto dealership property with long-term lease and high traffic.
      4702 W Colonial Dr, Pine Hills, FL 32808
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    Similar Nearby for Lease

    • Contact for pricing
      4,200 SF

      Retail Space Near Fashion Square

      Retail space available in a well-positioned Orlando shopping center.
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      6,000 SF

      Retail Space on Silver Star

      Retail space for lease in a densely populated area.
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      3,500 SF

      Renovated Plaza on Colonial Drive

      Newly renovated retail space with high visibility and ample parking.
      4831 East Colonial Dr, Orlando, FL 32808
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      Adaptable Commercial Space in Orlando

      Highly adaptable commercial space with warehouse and office options.
      3201 W Colonial Dr, Orlando, FL 32808
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      Orlando Retail Space on Silver

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      Retail/Office Space Available for Lease

      3,333 SF unit suitable for retail, office, or restaurant.
      3105 W Colonial Dr, Orlando, FL 32808
      View Details
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    5076 North Ln
    Orlando, FL 32808
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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