Office Units with Flexible
For Sale
$1,590,000
Pending
1001-141 Parliament Loop, Lake Mary, FL 32746
Two suites provide adaptable interiors with meeting, administrative, break-room, restroom, and parking amenities.
Property Size4,900 SF
Days on Market498
Property Features for 1001-141 Parliament Loop
General Information
Standard status
Pending
Size
4,900 SF
Additional Details
Road Access
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$11,831
Building Details
Buildings
1
Listing Agency:
LOVELAND PROPERTIES
Listed By:
Cleve Loveland · License #602469
(407) 352-8118
Source:
Exprealty
Added: Jun 5, 2025
Changed: Oct 6
Last Checked: Oct 15 at 1:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOVELAND PROPERTIES
Investment Insights
Based on property information with market context.
This office-unit property is configured as two suites with interiors that can be adapted to business needs. Each suite includes a reception area, conference room, office and administrative space, kitchen or break room, and two restrooms. The southern Suite A measures approximately 1,700 square feet, while Suite B measures approximately 3,200 square feet, for a combined property size of 4,900.
The property is located at 1001-141 Parliament Loop along Lake Mary Blvd in Lake Mary, Florida. On-site parking is available, and the existing suite configuration provides separate areas for reception, meetings, administration, and staff support.
The property is located at 1001-141 Parliament Loop along Lake Mary Blvd in Lake Mary, Florida. On-site parking is available, and the existing suite configuration provides separate areas for reception, meetings, administration, and staff support.
Key Highlights
- Two‑suite office configuration with a combined property size of 4,900
- Southern Suite A measures approximately 1,700 ft²
- Suite B measures approximately 3,200 ft²
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,221
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,924,420
$1.9M
Cap Rate 7%
$1,374,586
$1.4M
Cap Rate 9%
$1,069,122
$1.1M
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$142.3K $29.04/SF
− Vacancy
−$4.8K −$0.99/SF
EGI
$137.5K $28.05/SF
− OpEx
−$41.2K −$8.42/SF
NOI
$96.2K $19.64/SF
Area
Seminole County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,924,420
Cap Rate 7%
$1,374,586
Cap Rate 9%
$1,069,122
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $96,221 @ 7.0% cap · market cap 6.05%
Second Best
Office B
$1.05M
$915.1K – $1.22M
NOI $73,206 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,608 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two suites provide adaptable interiors with meeting, administrative, break-room, restroom, and parking amenities.
Where is this office units located?
The property is located at 1001-141 Parliament Loop Lake Mary, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Two‑suite office configuration with a combined property size of 4,900; Southern Suite A measures approximately 1,700 ft²; Suite B measures approximately 3,200 ft²
