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Property profile & analytics

5303 Colonial Dr Orlando, FL 32807-1859

  • Retail space
  • 10,320 SF
  • 0.49 lot acres
OFF-MARKET
Last Sale
Oct 25, 2022
$1,445,000
Value Estimations
$1,515,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-5039962
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.

Current Use by Public Records

  • Quinceañera Orlando / Photographer
  • Massage Spa Orlando FL | My Soothing Touch Spa-Asian Massage / Massage Spa / Massage Therapist
  • Las Tres Banderas #7 / Money Transfer Service
  • ZERA OUTLET / Clothing Store
  • Print all / Screen Printer / Embroidery Shop

Property Details for 5303 Colonial Dr

Year built
1983
Lot size
0.49 lot acres
Property size
10,320 SF
Zone code
C-2
Property type
Retail space
APN
21-22-30-4736-04-072
APU
212230473604072

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,355,000
    ML approach
    $1,455,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,992,000
    Market price range: $1.42M - $4.22M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,245,000
    WAREHOUSE, STORAGE
    $2,150,000

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


Location Insight

  • Map
  • Local Demand
City
Orlando
County
Orange
State
Florida
Longitude
-81.3183
Latitude
28.5546
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
$17,742
$361,046
$781,066
$1,142,112
-
$361,046
$781,066
$1,142,112
More about this property
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