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805 Cypress St

968 SF 100% Leased Retail Building Orlando, FL 32824 £781,668 (£808/SF) 7.32% Net Initial Yield

Investment Highlights

  • Updated, Air conditioned Office with restroom and storage
  • Holds 35-45 Cars. New Survey will add 7 feet to the car lot.
  • Fully fenced with lighting

Executive Summary

Calling All Ineverors!! New Price!! Motivated Seller! This property is currently occupied by two Auto Sales Businesses. Tenants would like to stay but there is a provision in the lease that the new owner can give the tenant 60 days notice if the New Owner wishes to occupy the property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
968 SF
Building Class
C
Year Built
1945
Price
£781,668
Price Per SF
£808
Net Initial Yield
7.32%
NOI
£57,236
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.12
Land Acres
0.18 AC
Zoning
C-3 - 2705 - Auto Sales - Used C-3 5270.76 SQUARE FEET 2705 - Auto Sales - Used C-3 7952.95 SQUARE FEET
Parking
75 Spaces (77.48 Spaces per 1,000 SF Leased)
Frontage
170 ft on South Orange Ave.

Amenities

  • 24 Hour Access
  • Bus Route
  • Corner Lot
  • Fenced Lot
  • Storage Space
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-2336-8228-30-806
Land Assessment
£166,895
Improvements Assessment
£46,956
Total Assessment
£213,851
  • Listing ID: 32684694

  • Date on Market: 03/08/2024

  • Last Updated:

  • Address: 805 Cypress St, Orlando, FL 32824

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