214 E Marks St, Orlando, FL
7,058 SF office building available for purchase in Orlando.
- Added:
- Nov 22, 2024
- Days on Market:
- 564
- Last Refresh:
- May 20 at 8:41 pm
Property Features for 214 E Marks St
General Information
- Standard status
- Active
- Size
- 7,058 SF
- Lot size
- 0.69 Acres
- Property subtype
- OFFICE
Listing agent Glen Jaffee License #FL 261221110 (407) 541-4408
Listing office Cushman & Wakefield | Orlando (407) 541-4408
Listing date Nov 22, 2024
Source Moodyscre
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 Cushman & Wakefield | Orlando
HighLights
- Building Size: 7,058 SF
- Sale Price: $1,650,000 USD
Overview
Local 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 | $211.7k | $30.00 |
| − Vacancy | −$36.0k | −$5.10 |
| EGI | $175.7k | $24.90 |
| − OpEx | −$43.9k | −$6.23 |
| NOI | $131.8k | $18.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3747
- Latitude
- 28.5566
