Freestanding Office Building with Gated
For Sale
$1,850,000
127 N Magnolia Avenue ORLANDO, Orlando, FL 32801
Freestanding office building with direct Magnolia Avenue frontage, private gated parking, and a move-in ready suite.
Property Size3,362 SF
Price / SF$564.02
Days on Market44
Property Features for 127 N Magnolia Avenue ORLANDO
General Information
Standard status
Active
Size
3,362 SF
Zoning
AC-3A/T
Additional Details
Furnished
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$30,865
Amenities
reception area
open collaboration space
conference rooms
private offices
aquarium feature wall
balcony access
kitchen/breakroom
fiber-ready IT infrastructure
writable wall surfaces
illuminated signage
private gated parking
1
Public Records
true
Sidewalk,Street Lights
6729
0.15
false
Paved
Slab
Street Lights,Business District,City Street
3362
Building Details
Building Size
3,362 SF
Year Built
1953
Buildings
1
Stories
1
Listing Agency:
(904) 569-5862
Listed By:
Martina Jordan
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 5
Changed: Aug 16
Last Checked: Aug 16 at 9:52AM
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 Martina Jordan
Investment Insights
Based on property information with market context.
This freestanding office building offers direct Magnolia Avenue frontage with signage exposure and a flexible, move-in ready interior layout. The space includes a defined reception area, an open collaboration area, two conference rooms, and multiple private offices, along with two bathrooms. A large kitchen/breakroom features cabinetry, a sink, and a refrigerator, and the office also includes an aquarium feature wall. A rear office provides direct balcony access, adding versatility for private meetings or executive use.
The property includes private gated parking with multiple spaces, accessible from the rear balcony entrance. The building is located within a walkable downtown setting, positioned one block from Lake Eola Park, with access to nearby Central Avenue and Wall Street Plaza.
Configured to support 20+ workstations and multiple private offices, the interior is finished with modular Steelcase Turnstone furnishings and includes writable wall surfaces and illuminated signage. Two A/C systems and fiber-ready IT infrastructure are in place.
The property includes private gated parking with multiple spaces, accessible from the rear balcony entrance. The building is located within a walkable downtown setting, positioned one block from Lake Eola Park, with access to nearby Central Avenue and Wall Street Plaza.
Configured to support 20+ workstations and multiple private offices, the interior is finished with modular Steelcase Turnstone furnishings and includes writable wall surfaces and illuminated signage. Two A/C systems and fiber-ready IT infrastructure are in place.
Key Highlights
- Freestanding 1‑story commercial office building built in 1953 with 3,362 SF total building area
- Direct frontage on N Magnolia Avenue with signage exposure and paved street frontage
- Move‑in ready flexible office layout with reception area, open collaboration space, two conference rooms, and multiple private offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,254
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,225,080
$1.2M
Cap Rate 7%
$875,057
$875.1K
Cap Rate 9%
$680,600
$680.6K
Market Conditions
NOI Build-Up for 3,280 SF
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.
Gross rent
$98.4K $30.00/SF
− Vacancy
−$16.7K −$5.10/SF
EGI
$81.7K $24.90/SF
− OpEx
−$20.4K −$6.23/SF
NOI
$61.3K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,225,080
Cap Rate 7%
$875,057
Cap Rate 9%
$680,600
Alternative Uses
Best Use
Office B
$875.1K
$765.7K – $1.02M
NOI $61,254 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$924.5K – $1.23M
NOI $73,962 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 32801, FL
17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with direct Magnolia Avenue frontage, private gated parking, and a move-in ready suite.
Where is this office building located?
The property is located at 127 N Magnolia Avenue ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Freestanding 1‑story commercial office building built in 1953 with 3,362 SF total building area; Direct frontage on N Magnolia Avenue with signage exposure and paved street frontage; Move‑in ready flexible office layout with reception area, open collaboration space, two conference rooms, and multiple private offices
