5303 Colonial Dr Orlando, FL 32807-1859
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Orlando, FLOrlando. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.