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

    1800 Pembrook Dr Orlando, FL 32810

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Class A, 4-story office building in Maitland Center, Orlando.

    Property size:
    115,714 SF
    Lot size:
    115,714 SF

    Property Features for 1800 Pembrook Dr

    General Information

    Size
    115,714 SF

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    Mary Frances West, CCIM
    Source: Naiglobal

    Listing Agent: Mary Frances West, CCIM

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

    Learn more

    Overview

    Class A Office Building ForRent

    This Class A office building features four stories and approximately 115,714 square feet of rentable space. The property includes a two-story atrium. Located in Maitland Center, Orlando’s premier office submarket, the building offers ample surface parking at a ratio of 5 spaces per 1,000 square feet. Several restaurants are located in close proximity. The property is immediately adjacent to Maitland Boulevard (SR 414) and across from the Orlando Sportsplex. It is located approximately one mile from I-4 via Maitland Boulevard, providing access to Downtown Orlando and the wider Orlando metropolitan area. Convenient access is available to SR 414 (Maitland Blvd), I-4, US Hwy 17-92, SR 436 (Semoran Blvd), SR 434, and other major roadways. On-site leasing and property management services are available, ensuring the property is well maintained.
    Location Intelligence

    Current Use by Public Records

    The Erika Borrero Team- ... Mortgage Lender Abogados USA Law Firm Spectrum Builds Construction Company Heritage Luxury Timepieces Watch Store Hazmat Software Software Company

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.4008108
    Latitude
    28.6325095

    Nearby Similar for Lease

    • $15 SF/Yr
      14,302 SF

      Renovated Industrial Building For Lease

      Recently renovated 14,302 SF industrial building with upgrades and open floorplan.
      3852 L B Mcleod Rd, Orlando, FL 32805
      View Details
    • $35 SF/Yr
      4,055 SF

      Freestanding Restaurant with Drive-Through

      Freestanding restaurant with drive-through on 1.38 acres for lease.
      8841 Commodity Cir, Orlando, FL 32819
      View Details
    • $29 SF/Yr
      242,174 SF

      Orlando Office Space Sub-Lease

      9,079 SF office space available for sub-lease in Orlando.
      225 E Robinson St, Orlando, FL 32801
      View Details
    • $7,000 /Mo
      2,895 SF

      Versatile Commercial Property in Orlando

      Standalone commercial building with flexible layout and ample parking.
      1436 22Nd St, Orlando, FL 32805
      View Details
    • New
      $4,500 /Mo
      1,626 SF

      Versatile Orlando Mixed-Use Building

      Stand-alone commercial building with flexible space, ideal for various businesses.
      319 Dillon Cir, Orlando, FL 32822
      View Details
    • $6,000 /Mo
      30,090 SF

      Orlando Mixed-Use Office Suites

      Premier office suites in a mixed-use building on Colonial Drive.
      126 E Colonial Dr, Orlando, FL 32801
      View Details
    • $53 SF/Yr
      3,150 SF

      Restaurant Space on Orange Blossom Trail

      High-visibility restaurant/commercial space for lease on South Orange Blossom Trail.
      7155 S Orange Blossom Trl, Orlando, FL 32809
      View Details
    • $20 SF/Yr
      2,601 SF

      Move-in Ready Orlando Office Space

      Vacant office space in Orlando's Central Business District.
      189 S Orange Ave, Orlando, FL 32801
      View Details
    • $26 SF/Yr
      1,650 SF

      Orlando Flex Space with Warehouse

      Versatile flex condo with office and warehouse space for lease.
      7901 Kingspointe Pkwy, Orlando, FL 32819
      View Details
    • $5,500 /Mo
      10,830 SF

      Orlando Warehouse with Secure Yard

      5,250 SF warehouse with fenced yard in Orlando.
      1026 W Central Blvd, Orlando, FL 32805
      View Details
    • $10 SF/Yr
      32,886 SF

      Spacious Open Office Space Available

      10,044 SF open office space, ideal for call center.
      5736 S Texas Ave, Orlando, FL 32839
      View Details
    • $1,200 /Mo
      483,172 SF

      Downtown Orlando Office Space Available

      Prime office spaces with shared amenities in downtown Orlando.
      300 S Orange Ave, Orlando, FL 32801
      View Details

    FAQs

    What type of property is this?
    Office building - Class A, 4-story office building in Maitland Center, Orlando.
    Where is this office building located?
    The property is located at 1800 Pembrook Dr Orlando, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Class ‘A’ office building in Maitland Center, Orlando’s premier office submarket.; - Excellent accessibility to major roadways including I-4, SR 414, and US Hwy 17-92.; - Ample surface parking with a ratio of 5/1,000 SF.
    (407) 620-3149
    Request Owner's contact information
    1800 Pembrook Dr Orlando, FL 32810
    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.
    1800 Pembrook Dr
    Orlando, FL 32810
    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
    1800 Pembrook Dr Orlando, FL 32810
    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
    Mary Frances West, CCIM
    (407) 620-3149
    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.