827 W Lancaster Rd Orlando, FL 32809
Property Lookup
Property profile & analytics
827 W Lancaster Rd Orlando, FL 32809
- Grocery and convenience stores
- 3,264 SF
- 0.78 lot acres
Property ID
US18-4468819
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.
Location Intelligence
Current Use by Public Records
- El Jibarito Latin Cuisine / Restaurant
- Super Star Hair Salon & Spa and Products. / Hair Salon / Nail Salon
- Lancaster Gas / Gas Station
- First Community Christian Pntc / Church
- Food Distribution Center - The First Community Christian Pentecostal Church Of God Inc / Food Bank / Charitable Organization
Property Details for 827 W Lancaster Rd
- Year built
- 1967
- Lot size
- 0.78 lot acres
- Property size
- 3,264 SF
- Zone code
- C-3
- Property type
- Grocery and convenience stores
- APN
- 23-23-29-0000-00-151
- APU
- 232329000000151
Description
This exceptional 5,984 square foot multi-tenant retail property, located at 827 W Lancaster Rd, Orlando, FL 32809, presents a compelling investment opportunity. Situated on a 0.81-acre lot in a high-traffic area near the international airport, this property benefits from approximately 7,000 cars passing daily. The property includes a convenience store, gas station with four pumps and double fiberglass tanks, a nail salon/barber shop, and a breakfast bar/nightclub. Currently operating at 100% occupancy with three active leases, the property boasts a strong Net Operating Income (NOI) of $129,230 and a 4.04% cap rate. The asking price is $3,200,000 ($534.76/sq ft). Built in 1976 and renovated in 1999, the property is zoned C3. Lease terms are currently in place until December 30, 2024, with lease renewal options available. This prime location benefits from its proximity to both industrial and residential areas, ensuring a consistent customer base. The property's diverse tenant mix and high visibility make it an ideal investment for those seeking a stable, high-return asset with significant upside potential. The property offers the potential to renew existing leases, negotiate higher rents, or even launch a new venture. This is a rare opportunity to acquire a well-established, multi-tenant retail property in a prime Orlando location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $690,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3905
- Latitude
- 28.4657
- 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
$8,286
$227,013
$379,040
$606,053
-
$227,013
$379,040
$606,053
