Add Listing
    For Sale
    • 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

    4304 Metric Dr Winter Park, FL 32792

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $9,000,000

    Premier sports complex with bar/restaurant mezzanine and ample parking.

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Ryan Griffith
    Source: Lee-associates

    Listing Agent: Ryan Griffith

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

    Learn more

    Property Insight Report

    Overview

    Winter Park Sports Complex Opportunity

    This sports complex is located within an industrial building and features 40,481 square feet of ground-floor space designed for athletic and recreational use. A 13,868 square foot mezzanine is suitable for a bar and restaurant, offering views of the complex. The property has on-site parking to accommodate high-volume attendance. The property is located in Winter Park, with access to State Road 436 (Semoran Boulevard) to the east and U.S. Highway 17-92 to the west, providing connectivity to Interstate 4 and the Orlando metropolitan area. Nearby roads include Hanging Moss Road and Forsyth Road. The property is suited for a sports and entertainment destination.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quinco Baseball Academy Gym & Fitness Center UKnight Training Center Gym & Fitness Center The Ballpark Winter Park Arcade & Gaming Center Hoop Dreams Elite ... Gym & Fitness Center Hoop Dreams Elite ... Gym & Fitness Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    We're Evolving Fitness Team, Mehta Metaphysical Center, Mobile spa, Mercy Medical And Wellness, YouFit Gyms

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.292366
    Latitude
    28.60239

    Nearby Similar for Sale

    • New
      $695,500
      1,656 SF

      Winter Park Professional Office Building

      Free-standing Winter Park office building in a prime location.
      1977 Dundee Dr, Winter Park, FL 32792
      View Details
    • $725,000
      4,104 SF

      Winter Park Commercial Corner Lot

      Commercial property in Winter Park, Florida, suitable for various uses.
      3377 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $2,800,000
      16,437 SF

      Winter Park Mixed-Use Opportunity

      Two buildings in Winter Park near Costco and Full Sail.
      3425 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $415,000
      1,197 SF

      Income-Producing Duplex in Central Orlando

      Duplex with detached in-law apartment, ideal for rental.
      1518 Pinewood Dr, Winter Park, FL 32789
      View Details
    • $7,150,000
      12,500 SF

      Winter Park Triplex Investment Opportunity

      Luxury triplex in a fast-growing market with income potential.
      2412 Chantilly Ave, Winter Park, FL 32789
      View Details
    • $719,000
      1,656 SF

      Winter Park Office Building Opportunity

      Free-standing office building near Winter Park Medical Arts District.
      1977 Dundee Dr, Winter Park, FL 32792
      View Details
    • $634,900

      Winter Park Live/Work Opportunity

      Renovated property with expansion potential in Winter Park, Florida.
      5150 Old Howell Branch Rd, Winter Park, FL 32792
      View Details
    • $725,000

      Commercial Property on Corner Lot

      Commercial property with potential for various business uses.
      3377 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $435,000
      Pending

      Professional Office Space on Park

      Office space in Spanish-style building near Park Avenue.
      2180 N Park Ave, Winter Park, FL 32789
      View Details
    • $875,000
      2,456 SF

      Winter Park Duplex-Style Office Building

      Renovated duplex-style office building in Winter Park with flexible layout.
      2445 Lee Rd, Winter Park, FL 32789
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - Premier sports complex with bar/restaurant mezzanine and ample parking.
    Where is this fitness center & gym located?
    The property is located at 4304 Metric Dr Winter Park, FL.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: - 40,481 sq ft ground-floor sports complex in a versatile industrial building.; - 13,868 sq ft mezzanine ideal for a bar and restaurant with views of the complex.; - Abundant on-site parking for high-volume attendance.
    (908) 208-4774
    Request Owner's contact information
    4304 Metric Dr Winter Park, FL 32792
    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.
    4304 Metric Dr
    Winter Park, FL 32792
    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
    4304 Metric Dr Winter Park, FL 32792
    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
    Ryan Griffith
    Real Estate License ID: #SL3477466
    (908) 208-4774 (321) 281-8500 (321) 281-8512
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!