Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Space For Lease Title is generated by Realmo AI

    1230 Commerce Park Dr, Longwood, FL

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Professional office space near shopping and transportation.

    Type:OFFICE
    Property size:
    4,909 SF
    Lot size:
    0.77 Acres
    Added:
    Feb 27, 2025
    Days on Market:
    464
    Last Refresh:
    May 19 at 9:45 pm

    Property Features for 1230 Commerce Park Dr

    General Information

    Standard status
    Active
    Size
    4,909 SF
    Lot size
    0.77 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1230 Commerce Park Dr Contact us

    We can help!

    Listing Contact
    Brian Grandstaff
    Brian Grandstaff

    Listing agent Brian Grandstaff License #BK655625

    Listing office Millenia Partners

    Listing date Feb 27, 2025

    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 Millenia Partners

    HighLights

    • Strategic location off SR‑434 and less than a mile from I‑4, providing convenient access.
    • Close proximity to Altamonte Mall, Marketplace at Altamonte, West Town Corner, Casselberry Exchange, and Jamestown Place Shopping Center.
    • Located in between Springs Plaza and Longwood Shopping Center.
    • Great co‑tenancy with anchor tenant, FBC Mortgage.
    • Abundance of professional services retailers within 6 miles.
    • Walking distance from multiple public transportation stops.

    Overview

    This professional office space is available for lease in the 3-story Springside Professional Building. The building is strategically located off of SR-434 and less than a mile from I-4, offering convenient access to upscale residential communities and other professional office users. The property is located in close proximity to the Altamonte Mall, Marketplace at Altamonte, West Town Corner, Casselberry Exchange, and Jamestown Place Shopping Center, as well as the Longwood Village Shopping Center, which features tenants such as Starbucks, 4Rivers Smokehouse, Bonefish Grill, and Jos. A Bank Clothiers. The available space allows the ability to lease an entire floor. The property is situated between Springs Plaza and the Longwood Shopping Center and is within walking distance of I-4 and multiple public transportation stops. The property benefits from great co-tenancy with the anchor tenant, FBC Mortgage. The property contains 4909 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    FBC Mortgage LLC Loan Service A-A Action Garage ... Building Supply Convention & Visitor Bureau County Government Office RMC Home Mortgage, ... Loan Service RMC Home Mortgage Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.3913
    Latitude
    28.6907

    Nearby Similar for Lease

    • $10,417/Mo
      5,000 SF

      Longwood Mixed-Use Flex Space

      5000 SF flex space in Longwood's Station Workshop District.
      210 E PALMETTO AVENUE, LONGWOOD, FL 32750
      View Details
    • $4,219/Mo
      3,750 SF

      Longwood Warehouse with Bay Doors

      Warehouse space in Longwood, near Sun Rail and highways.
      220 E PALMETTO AVENUE, LONGWOOD, FL 32750
      View Details
    • $3,500/Mo
      1,800 SF

      Longwood Office Building with Storage

      Versatile office building with flexible space and convenient storage.
      1130 N RONALD REAGAN BOULEVARD, LONGWOOD, FL 32750
      View Details
    • $20 SF/Yr
      3,000 SF

      Longwood Office Building For Rent

      Class B office building in Longwood, near I-4 corridor.
      330 HARBOUR ISLE WAY, LONGWOOD, FL 32750
      View Details
    • $8 SF/Yr
      510 SF

      Renovated Suites in Longwood Location

      Move-in-ready suites ideal for beauty, health, and professional services.
      587 E STATE ROAD 434, LONGWOOD, FL 32750
      View Details
    • $20 SF/Yr
      1,500 SF

      Longwood Office Space For Rent

      Class B office building in desirable Longwood submarket.
      330 HARBOUR ISLE WAY, LONGWOOD, FL 32750
      View Details
    • $20 SF/Yr
      5,004 SF

      LONGWOOD Office Building For Rent

      Class B office building in Longwood, convenient location.
      330 HARBOUR ISLE WAY, LONGWOOD, FL 32750
      View Details
    • $15 SF/Yr
      1,064 SF

      Industrial Space in Longwood, FL

      1,064 SF industrial unit for lease in Longwood.
      1649 TIMOCUAN WAY, LONGWOOD, FL 32750
      View Details
    • $14 SF/Yr
      16,080 SF

      Longwood Office Space For Rent

      Office space in Longwood, near I-4 and 434.
      1920 BOOTHE CIRCLE, LONGWOOD, FL 32750
      View Details
    • $125,004 SF/Yr
      5,000 SF

      Longwood Flex Space Available

      5000 sqft flex/warehouse space near SunRail Station.
      210 E PALMETTO Ave, Longwood, FL 32750
      View Details
    • $2.00 SF/Yr
      15,640 SF

      Longwood Office Building For Rent

      Two-story office building with units available near transit.
      254 S RONALD REAGAN Blvd 132, Longwood, FL 32750
      View Details
    • $14 SF/Yr
      9,648 SF

      Longwood Freestanding Building For Rent

      9,648 SF building ideal for office, school, or daycare.
      1665 EE Williamson Road, Longwood, FL 32779
      View Details

    FAQs

    What type of property is this?
    Office units - Professional office space near shopping and transportation.
    Where is this office units located?
    The property is located at 1230 Commerce Park Dr Longwood, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Strategic location off SR‑434 and less than a mile from I‑4, providing convenient access.; Close proximity to Altamonte Mall, Marketplace at Altamonte, West Town Corner, Casselberry Exchange, and Jamestown Place Shopping Center.; Located in between Springs Plaza and Longwood Shopping Center.
    (407) 370-3211 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Grandstaff
    Brian Grandstaff
    Real Estate License ID: BK655625
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1230 Commerce Park Dr, Longwood, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!