Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    181 Timacuan Blvd Lake Mary, FL 32746

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding office building with executive style offices and hardwood floors.

    Property size:
    2,886 SF
    Lot size:
    1.71 Acres

    Property Features for 181 Timacuan Blvd

    General Information

    Size
    2,886 SF
    Lot size
    1.71 Acres

    We can help!

    Listing Contact
    Kevin Will
    Kevin Will
    Source: Moodyscre

    Listing Agent: Kevin Will

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Freestanding Office Building in Lake Mary

    This freestanding office building is located in the heart of Lake Mary, offering proximity to various dining and retail establishments. The property features executive-style offices and hardwood floors. It includes 10 free, surface parking spots. The building provides convenient access to I-4 and SR417. It is situated across the street from a shopping center anchored by Publix, which includes multiple restaurants. The property has a size of 2886 square feet.
    Location Intelligence

    Current Use by Public Records

    Lake Emma Professional ... Non-Profit Organization

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.3458104
    Latitude
    28.7826544

    Nearby Similar for Lease

    • $22 SF/Yr
      1,293 SF

      Lake Mary Office Suite For Rent

      Spacious office suite in Lake Mary, near I-4.
      1355 S International Pkwy, Lake Mary, FL 32746
      View Details
    • $2,000 /Mo
      4,040 SF

      Downtown Lake Mary End Unit

      End unit office space in Downtown Lake Mary for lease.
      142 Parliament Loop, Lake Mary, FL 32746
      View Details
    • $20 SF/Yr
      1,250 SF

      Lake Mary Professional Office Space

      Professional office space in Lake Mary, ideal for medical or financial.
      1045 Primera Blvd, Lake Mary, FL 32746
      View Details
    • $20 SF/Yr
      996 SF

      Lake Mary Professional Office Space

      996 SF professional office space in Lake Mary, Florida.
      1045 Primera Blvd, Lake Mary, FL 32746
      View Details
    • $20 SF/Yr
      1,261 SF

      Lake Mary Medical/Professional Office

      1261 SF office space suitable for medical or professional use.
      1045 Primera Blvd, Lake Mary, FL 32746
      View Details
    • $2 SF/Yr
      2,086 SF

      Lake Mary Office Space Available

      Upcoming commercial property in a bustling area of Lake Mary.
      938 International Pkwy, Lake Mary, FL 32746
      View Details
    • $20 SF/Yr
      1,216 SF

      Lake Mary Medical/Professional Office

      1216 SF office space suitable for medical or professional use.
      1045 Primera Blvd, Lake Mary, FL 32746
      View Details
    • Contact for pricing
      6,702 SF

      Class A Office Space Available

      Energy Star rated office in affluent Lake Mary submarket.
      1035 Greenwood Blvd, Lake Mary, FL 32746
      View Details
    • Contact for pricing
      25,000 SF

      Class A Office Building

      Three-story office building in Lake Mary/Heathrow with golf course view.
      1000 Aaa Dr, Lake Mary, FL 32746
      View Details
    • Contact for pricing
      4,473 SF

      Class A Office Space Available

      Energy Star rated office space in Lake Mary, Florida.
      1025 Greenwood Blvd, Lake Mary, FL 32746
      View Details
    • $24 SF/Yr
      18,250 SF

      Lake Mary Office Space - 4100 SF

      Class A furnished office, ideal location.
      1071 Sun Dr, Lake Mary, FL 32746
      View Details
    • Contact for pricing
      11,030 SF

      Lake Mary Office Space Available

      Office space for rent in Lake Mary, Florida.
      615 Crescent Executive Ct, Lake Mary, FL 32746
      View Details

    FAQs

    What type of property is this?
    Office building - Freestanding office building with executive style offices and hardwood floors.
    Where is this office building located?
    The property is located at 181 Timacuan Blvd Lake Mary, FL.
    What are key features of this property?
    This property features: - Prime location in the heart of Lake Mary, offering convenient access to dining and retail.; - Easy accessibility to major highways I-4 and SR417.; - 10 free, surface parking spots.
    (407) 540-7700
    Request Owner's contact information
    181 Timacuan Blvd Lake Mary, FL 32746
    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.
    181 Timacuan Blvd
    Lake Mary, FL 32746
    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
    181 Timacuan Blvd Lake Mary, FL 32746
    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

    We can help!
    Listing Contact
    Kevin Will
    Kevin Will
    (407) 540-7700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.