Medical Office Building with Sleep
For Sale
$1,400,000
10916 DYLAN LOREN CIRCLE, Orlando, FL 32825
SINGLE_FAMILY - ORLANDO, FL
Property Size4,500 SF
Lot Size0.12 Acres
Price / SF$311.11
Days on Market18
Property Features for 10916 DYLAN LOREN CIRCLE
General Information
Property type
Residential
Property subtype
Office
Zoning
P-D
Security features
Security System
Subdivision
WOODLAND LAKES PROF CENTER
Directions
East on Lake UnderHill. South on Cypress Hammock BLVD. Right on Dylan Loren Cr.
Standard status
Active
APN
28-22-31-9476-00-100
Size
4,500 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WOODLAND LAKES PROFESSIONAL CENTER CONDOMINIUM 8434/4592 UNIT 10
Tax Annual Amount
16359
Legal Description
WOODLAND LAKES PROFESSIONAL CENTER CONDOMINIUM 8434/4592 UNIT 10
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Flooring type
Carpet, Linoleum
Building materials
Block, Concrete
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Alain Hart · License #3017893
(407) 207-2220
Added: Jul 28
Changed: Aug 13
Last Checked: Aug 14 at 10:06AM
MLS# O6428831
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.
Investment Insights
Based on property information with market context.
Medical Office Space in the Woodland Lakes Professional Center, fully leased for five years to Advent Health. The building has been used as a pulmonary and sleep lab facility, with an inviting reception room, a full-service kitchen, and doctors and nursing work areas.
Interior features include a nurse working station, an X-ray exam room, and 8 sleep lab rooms. The space also includes 3 bathrooms and supporting rooms for day-to-day clinical use.
The building was constructed in 2006 using block and concrete materials. It has central heating and central air cooling, with linoleum and carpet flooring. The property sits on a 0.12-acre lot, with 4,500 square feet of space served by public water and public sewer, and phone availability. Utilities include phone service, and the facility is located within the Woodland Lakes Professional Center.
Interior features include a nurse working station, an X-ray exam room, and 8 sleep lab rooms. The space also includes 3 bathrooms and supporting rooms for day-to-day clinical use.
The building was constructed in 2006 using block and concrete materials. It has central heating and central air cooling, with linoleum and carpet flooring. The property sits on a 0.12-acre lot, with 4,500 square feet of space served by public water and public sewer, and phone availability. Utilities include phone service, and the facility is located within the Woodland Lakes Professional Center.
Key Highlights
- Fully leased medical building for five years to Advent Health
- Pulmonary and sleep lab facility with 8 sleep lab rooms
- Reception, full‑service kitchen, nurse working station, and doctors work area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,230
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,344,600
$1.3M
Cap Rate 7%
$960,429
$960.4K
Cap Rate 9%
$747,000
$747.0K
Market Conditions
NOI Build-Up for 4,500 SF
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.
Gross rent
$108.0K $24.00/SF
− Vacancy
−$18.4K −$4.08/SF
EGI
$89.6K $19.92/SF
− OpEx
−$22.4K −$4.98/SF
NOI
$67.2K $14.94/SF
Area
ZIP 32825
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,344,600
Cap Rate 7%
$960,429
Cap Rate 9%
$747,000
Alternative Uses
Best Use
Office B
$960.4K
$840.4K – $1.12M
NOI $67,230 @ 7.0% cap · market cap 4.80%
Second Best
Healthcare Medical
$958.1K
$838.4K – $1.12M
NOI $67,068 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,521 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32825, FL
61,755
Population
22,360
Households
2.8
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
18.4 sq mi
ZIP Area
3,356
Density / Sq Mi
$79,942
Median Household Income
$37,957
Median Earnings
$1,738
Median Rent
$327,900
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical building built in 2006 with central HVAC, reception, kitchen, and sleep lab exam rooms.
Where is this medical office space located?
The property is located at 10916 DYLAN LOREN CIRCLE Orlando, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully leased medical building for five years to Advent Health; Pulmonary and sleep lab facility with 8 sleep lab rooms; Reception, full‑service kitchen, nurse working station, and doctors work area
