8431 E Colonial Dr Orlando, FL 32817
Property profile & analytics
8431 E Colonial Dr Orlando, FL 32817
- Grocery and convenience stores
- 6,105 SF
- 0.71 lot acres
Property ID
US18-1102470
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
- Grocery and convenience stores
Property Details for 8431 E Colonial Dr
- Year built
- 1976
- Lot size
- 0.71 lot acres
- Property size
- 6,105 SF
- Zone code
- C-1
- Property type
- Grocery and convenience stores
- APN
- 13-22-30-3640-02-010
- APU
- 132230364002010
Description
This exceptional Orlando investment opportunity features a fully operational gas station and convenience store with a second tenant, a grocery store with a full kitchen. Located on a high-traffic corner lot at the first exit off Highway 417 onto Colonial Drive, this property boasts over 45,000 average daily vehicles passing by. The 4,235 square foot building sits on a 0.71-acre lot and includes 11 parking spaces. The gas station features 8 pumps (4 double-sided) with 3 fuel grades and 1 diesel pump, updated credit card payment systems, and energy-efficient LED lighting. Double-walled gas tanks ensure environmental compliance. The property benefits from a Triple Net Lease (NNN) with two tenants, providing a stable income stream. The convenience store occupies 1,693 square feet, and the grocery store/mini-mart with a full kitchen occupies 2,542 square feet. Additional revenue streams include an ATM and lottery sales. The property underwent recent upgrades, including a new roof and exterior paint in 2024. This 100% occupied, multi-tenant property offers a 4.50% cap rate and is priced at $2,270,000 ($536.01/sq ft). The current lease terms have one year remaining. Built in 1976, this single-story building presents a strong value-add investment opportunity with immediate returns and long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,065,000
- OFFICE BUILDING
- $1,360,000
- COMMERCIAL (GENERAL)
- $1,135,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.2726
- Latitude
- 28.5688
- 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
$14,092
$522,206
$757,888
$1,280,094
-
$522,206
$757,888
$1,280,094
