Industrial Flex Condominium
10501 S Orange Avenue Unit 107 Orlando, FL 32824
For Sale
$1,100,000
Flex unit features a private entrance, storefront glass, and a grade-level overhead door for loading access.
Property Size4,100 SF
Price / SF$268.29
Days on Market80
Property Features for 10501 S Orange Avenue Unit 107
General Information
Standard status
Active
Size
4,100 SF
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
COUNTPLEX LLC
(407) 247-2464
Listed By:
Larissa Dutra · License #BK3327413
Source:
Realtygroupfl
Added: May 11
Changed: Jul 28
Last Checked: Jul 29 at 12:04AM
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 COUNTPLEX LLC
Investment Insights
Based on property information with market context.
South Orange Business Park offers industrial flex condominium space with office or showroom fronting and light industrial capabilities. Unit 107 includes storefront glass entryways and private entrances, approximately 22-foot clear ceiling heights, and a 10' x 12' grade-level overhead door for straightforward loading and access. Additional mezzanine space is provided for storage, with on-site parking supporting day-to-day operations.
The park is positioned along South Orange Avenue with visibility and immediate access to Florida’s Turnpike, SR 528 (Beachline Expressway), and U.S. Highway 441. The business park is described as being within the AIPO district and benefits from proximity to Central Florida commercial and logistics activity, with Orlando International Airport cited as part of the area’s connectivity.
As part of a 26-unit condominium development, the property is designed around flexible unit layouts that combine professional space with light industrial functionality.
The park is positioned along South Orange Avenue with visibility and immediate access to Florida’s Turnpike, SR 528 (Beachline Expressway), and U.S. Highway 441. The business park is described as being within the AIPO district and benefits from proximity to Central Florida commercial and logistics activity, with Orlando International Airport cited as part of the area’s connectivity.
As part of a 26-unit condominium development, the property is designed around flexible unit layouts that combine professional space with light industrial functionality.
Key Highlights
- 26‑unit industrial‑office condominium built in 2005 in South Orange Business Park
- Each unit offers storefront glass entryways and private entrances
- Approx. 22‑foot clear ceiling heights plus mezzanine space for storage or future office expansion
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $27.00 |
| − Vacancy | −$18.8k | −$4.59 |
| EGI | $91.9k | $22.41 |
| − OpEx | −$23.0k | −$5.60 |
| NOI | $68.9k | $16.81 |
4,100 SF · lease $27.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$984.4K
$861.4K – $1.15M
NOI $68,911 @ 7.0% cap · market cap 6.26%
Second Best
Warehouse
$397.3K
$347.7K – $463.5K
NOI $27,812 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,839 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex unit features a private entrance, storefront glass, and a grade-level overhead door for loading access.
Where is this flex space located?
The property is located at 10501 S Orange Avenue Unit 107 Orlando, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 26‑unit industrial‑office condominium built in 2005 in South Orange Business Park; Each unit offers storefront glass entryways and private entrances; Approx. 22‑foot clear ceiling heights plus mezzanine space for storage or future office expansion
