Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    0 PROGRESS LANE Saint Cloud, FL 34769

    View on Map
    Claim this Listing
    New
    For Lease
    $3,166/Mo $3 SF/Yr (calc)

    Office - ST CLOUD, FL

    Type:Office
    Property size:
    10,640 SF
    Lot size:
    3.31 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 28 at 3:06 pm

    Property Features for 0 PROGRESS LANE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Property condition
    New Construction
    Standard status
    Active
    APN
    15-26-30-0704-0001-08A0
    Size
    10,640 SF
    Lot size
    3.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36555

    Building Details

    Year built
    2026
    Number of units
    45
    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Weisheyer
    Tim Weisheyer

    Listing agent Tim Weisheyer License #653486

    Listing office DREAM BUILDERS REALTY 1101 Miranda Lane, Kissimmee, FL

    Listing date Apr 27, 2026

    MLS# S5148689 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Mixed-Use Commercial Development

    This pre-construction mixed-use commercial development, known as Stevens Commerce Parc, is located in St. Cloud, FL. It is strategically positioned near the future Florida Turnpike and Old Canoe Creek Road Interchange, offering businesses high traffic counts and excellent visibility. Spaces are available ranging from 1,520 to 10,640 square feet. The location is approximately 1.4 miles from Orlando Health St. Cloud Hospital, 28 miles from Downtown Orlando, and 21 miles from Orlando International Airport. The 3.31-acre site is ideally suited for professional office, medical office, and light industrial or flex users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Similar Places Nearby

    • ProScreen Plus, LLC — 4205 natchez trace dr, st cloud, fl 34769

    Map

    City
    Saint Cloud
    County
    Osceola
    State
    Florida
    Longitude
    -81.306693
    Latitude
    28.229527

    Nearby Similar for Lease

    • $2,000/Mo

      St Cloud Retail Sublease Space

      Take-out space in busy convenience store near Center Lake Ranch.
      1370 S NARCOOSSEE ROAD, ST CLOUD, FL 34771
      View Details
    • $950/Mo

      Remodeled Office Space in St. Cloud

      Move-in ready commercial space with utilities included in St. Cloud.
      129 E 13TH STREET, ST CLOUD, FL 34769
      View Details
    • $14 SF/Yr

      St Cloud Industrial Unit

      1500 SF industrial unit with office and restroom.
      1424 HAMLIN AVENUE, ST CLOUD, FL 34771
      View Details
    • $78,892 SF/Yr

      Versatile Industrial Space Available

      7,172 sq ft warehouse with office space for rent.
      2109 OLD HICKORY TREE Rd, St. Cloud, FL 34772
      View Details
    • $2,700/Mo

      New Warehouse with Office Space

      Brand new 1,700 sqft warehouse with office and AC.
      1450 HAMLIN AVENUE, ST CLOUD, FL 34771
      View Details
    • $14,400/Mo

      St. Cloud Deli/Take-Out Space

      250 SF deli/take-out space in high-traffic St. Cloud location.
      1370 S NARCOOSSEE Rd, St. Cloud, FL 34771
      View Details
    • $14,400/Mo

      Retail Space on Narcoossee Road

      Retail space available for lease on Narcoossee Road.
      1370 S NARCOOSSEE ROAD, ST CLOUD, FL 34771
      View Details
    • $48,000 SF/Yr

      Retail Space in St. Cloud

      Retail space available for lease in St. Cloud, Florida.
      4075 OLD CANOE CREEK ROAD, ST CLOUD, FL 34769
      View Details
    • $22,200 SF/Yr

      Retail Space in St. Cloud

      Retail space available for rent in St. Cloud, Florida.
      109 E 13TH STREET 5, ST CLOUD, FL 34769
      View Details
    • $22,200 SF/Yr

      East Saint Cloud Office Space

      Commercial office space in fast-growing Saint Cloud, Florida.
      109 E 13TH St 5, St. Cloud, FL 34769
      View Details
    • Contact for pricing

      Retail Space in Regent Shoppes

      Retail space available for lease in St Cloud, Florida.
      3272-3288 Canoe Creek Rd, St Cloud, FL 34772
      View Details
    • $14 SF/Yr

      Office/Warehouse Space for Lease

      Office/warehouse space available for lease in Saint Cloud, Florida.
      2012 Jaffa Dr, Saint Cloud, FL
      View Details

    FAQs

    What type of property is this?
    Office property - Premier pre-construction commercial spaces near Florida Turnpike in St. Cloud.
    Where is this office property located?
    The property is located at 0 PROGRESS LANE Saint Cloud, FL.
    What is the lease rate?
    The lease rate is $3,166 /Mo.
    What are key features of this property?
    This property features: Strategic location near the future Florida Turnpike / Old Canoe Creek Road Interchange, ensuring high traffic and visibility.; Pre‑construction opportunity allowing for customization and early leasing advantages.; Versatile spaces suitable for professional office, medical office, and light industrial/flex users.
    (407) 847-5428
    We can help!
    Listing Contact
    Tim Weisheyer
    Tim Weisheyer
    Real Estate License ID: 653486
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!