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2628 HERBISON DRIVE
About This Property
Outstanding opportunity to acquire a highly visible vacant commercial parcel located at 2628 Herbison Drive, Orlando, FL 32810. Positioned on a signalized corner near a major traffic corridor, this property offers exceptional frontage, excellent accessibility, and strong daily traffic exposure.
Surrounded by established residential neighborhoods, multifamily communities, office buildings, and retail centers, the site benefits from a built-in customer base and consistent consumer activity. Its strategic location provides convenient access to Downtown Orlando, Maitland, Altamonte Springs, and major highways including I-4.
The lot is level and cleared, offering a versatile development opportunity for investors or owner-users. Ideal for professional or medical office, retail plaza, quick-service restaurant (subject to zoning), service-oriented businesses, or other commercial uses permitted by Orange County.
With continued growth and redevelopment occurring throughout the corridor, this property presents strong long-term upside and flexibility for a wide range of commercial concepts.
Rare opportunity to secure a prime corner commercial site in a central Orlando location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Relisted | $374,990 | |
| Relisted | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 5, 2026 | Price Decreased |
$349,900
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by AUTHENTIC REAL ESTATE TEAM | $374,990 | |
| Listed by AUTHENTIC REAL ESTATE TEAM | |||
| Nov 27, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017