504, 512,514 Parramore Ave

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504, 512,514 Parramore Ave

Orlando, FL 32805
Asking Price
$1.90M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose commercial building totaling 11,234 square feet.
  • Offered for sale at an asking price of $1,900,000.
  • Located in the Parramore district of downtown Orlando, Florida.
  • Property features a central location within a growing metropolitan market.
  • Versatile floor plan suitable for various commercial business operations.

What's Special

Priced at $1,900,000, this 11,234-square-foot special-purpose asset is positioned within the Parramore neighborhood of Orlando, Florida. The location provides connectivity to the broader Orlando metropolitan area, a region characterized by its diverse economy, robust tourism sector, and consistent population growth. This functional space offers flexibility for various commercial applications, making it a viable prospect for investors or businesses seeking to establish a foothold in an urban market with proximity to major transit corridors. Prospective buyers will find that this property serves as a blank slate for specialized business operations or adaptive reuse projects. The substantial square footage allows for customization to meet specific operational requirements. Given the ongoing development and revitalization efforts across Orlando, this site is situated to benefit from the area's long-term economic expansion and infrastructure improvements. The property presents a straightforward acquisition for those looking to expand their commercial real estate portfolio in Central Florida.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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