Technical
Financial
Distress signals
Property profile

5701 Edgewater Dr Orlando, FL 32810

FOR LEASE
Strip malls
Property ID
US18-1072582
4,468 SF 8.17 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Forest Edge Plaza, a 69,615 square foot shopping center in Orange County, presents a compelling investment opportunity. This multi-tenant property, built in 1984, boasts a strong tenant roster including national brands like AutoZone, Octapharma, Jackson Hewitt, and Rodriguez Liquidation, ensuring a stable income stream. Currently, there is 1,000 square feet of readily available retail space, ideal for expansion or new tenancy. The center enjoys a highly visible corner location at the signalized intersection of Forest City Road and Edgewater Drive, providing excellent exposure to high traffic volume. Its strategic location offers easy access to Interstate 4, Downtown Orlando, and Highway 441, maximizing accessibility for both tenants and customers. The property's size and established tenant base make it an attractive option for investors seeking a stable, high-traffic retail investment in a prime Orange County location. The existing tenants represent a diverse range of businesses, contributing to a robust and resilient tenant mix. This opportunity allows for immediate income generation from the vacant space, while benefiting from the established success of the existing tenants. The property's proximity to major transportation arteries ensures convenient access for customers and employees alike.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 4,468 SF
Lot 8.17 ac (355,711 SF)
Zoning code C-2
APN 04-22-29-0000-00-030
UPID US18-1072582

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • Discount Store Party Supply Store

Location

5701 Edgewater Dr Orlando, FL 32810
Orlando metro Census 15202 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.78M

Owner & transaction history

since 2021
Last sale
$4.1M
5 recorded transactions
2021
Price N/A
2021
$4.1M
1997
$3.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Orlando, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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