434 Ring Rd - Multi-Family FOR SALE


Orlando, FL 32811- Westside
$325,000 USD
321-689-8000
434 Ring Rd, Orlando, FL for Sale
$325,000 USD
Multi-Family - FOR SALE
1/5
null | Request Cap Rate

434 Ring Rd
Orlando, FL 32811
Westside


HIGHLIGHTS

  • Current Future Land Use: LDR Low density residential
  • Industrial use very likely to be approved - Rezoning required
  • 0.31 Acres
  • 2 tenant occupied houses
  • Redevelopment/Investment site
  • Near the 535 and Old Winter Garden Road -Orlando 32811

OVERVIEW

Commercial Real Estate Professionals, Inc. and Mark Allen are pleased to offer this LDR/Industrial site for sale. The FLU for this parcel, 434 Ring Road, is LDR (Low Density Residential) which allows up to 4 dwelling units per acre. The Buyer can do a rezoning and FLU map amendment to switch the property to Industrial, and it would probably be successful given most of the block is already industrial (Per Orange County). The site consists of a 3-bedroom, 1 bath house with a tenant whose lease will be expiring in February 2026 and a second 1 bedroom, 1 bath house on a month-to-month lease. The buyer can determine if they want to keep the existing houses with tenants and structure new leases or demolish both houses for redevelopment as LDR or Industrial. The houses were built in the 1940s.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

2

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FLU = LDR Potential for Industrial Approval

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

ORG-R-1

APN/PARCEL ID

30-2229-6244-01-230

ASK ABOUT THIS PROPERTY

Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

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Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.