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Property profile & analytics
OFF-MARKET Estimated value $1,425,000
Retail space

5303 Colonial Dr Orlando, FL 32807-1859

10,320 SF 0.49 ac lot Built 1983
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-5039962
Property summary
AI-generated overview

This exceptional retail space, located in the vibrant East Orlando submarket, offers 1,000 to 1,400 square feet of versatile commercial space within a larger 9,360 square foot building. Situated on a 0.49-acre lot, the property boasts a prime location with over 75,000 vehicles passing daily, ensuring high visibility and foot traffic. Built in 1983 and extensively renovated in 2022, the single-story building features a fresh paint job and updated landscaping. The suite itself is a basic rectangular space, currently configured as a salon, complete with one restroom. However, the open floor plan allows for flexible adaptation to various business needs, including but not limited to: event halls, barbershops/salons, training centers, coffee shops, insurance offices, law offices, cell phone stores, or labor recruiting agencies. The zoning (1105 - Retail M/t I) has already accommodated salon use, eliminating the need for additional permitting and impact fees. The building provides 25 parking spaces for customers and employees. Note that the space is not suitable for uses requiring extensive green space or large parking areas, such as churches or daycares. The property's strong tenant mix includes a massage therapist, dry cleaners, screen printing shop, clothing stores, and salon suites, creating a thriving commercial environment. This is an excellent opportunity for a business seeking a well-maintained, conveniently located space in a high-traffic area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Total area 10,320 SF
Lot 0.49 ac (21,238 SF)
Zoning code C-2
APN 21-22-30-4736-04-072
UPID US18-5039962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quinceañera Orlando Photography Service (Bike/Boat/Book/etc) Store
  • Massage Spa Orlando FL | My Soothing Touch Spa-Asian Massage Alternative Medicine Practice Spa & Massage Center
  • Las Tres Banderas #7 Bank Credit Union
  • ZERA OUTLET Clothing Store
  • Print all (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$1.43M
Owner & transaction history
Kinsella Investment Property LLC · 3 yrs held
Kinsella Investment Property LLC
since 2022
Last sale
$1.4M
5 recorded transactions
2022
$1.4M
2019
Price N/A
1999
$640,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Orlando, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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