Flex Office Suite with Two
8615 Commodity Circle Unit 2 Orlando, FL 32819
For Sale
$599,000
Flex office suite with downstairs reception and bathroom, plus two entrances and more than five parking spaces.
Property Size1,567 SF
Price / SF$382.26
Days on Market547
Property Features for 8615 Commodity Circle Unit 2
General Information
- Standard status
- Active
- Size
- 1,567 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Andrea Mendonca · License #3437299
Source:
Xome
Added: Jan 23, 2025
Changed: Jul 22
Last Checked: Jul 23 at 4:14AM
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 WRA BUSINESS & REAL ESTATE
Investment Insights
Based on property information with market context.
The Preserve offers flex office space with a downstairs reception area and bathroom. The suite is configured for professional use within a modern, sleek office park environment and includes more than five parking spaces and two entrances for convenient arrival.
Located in Orlando’s southwest quadrant, the property is about 5 minutes from EPIC UNIVERSAL and close to John Young Parkway and Sand Lake Road. The center provides easy access to major regional roadways, including Interstate 4, Highway 50, U.S. 441/417, the East-West Expressway, and the Beach Line Expressway.
This location and accessibility support day-to-day convenience for clients and staff across the central Florida area.
Located in Orlando’s southwest quadrant, the property is about 5 minutes from EPIC UNIVERSAL and close to John Young Parkway and Sand Lake Road. The center provides easy access to major regional roadways, including Interstate 4, Highway 50, U.S. 441/417, the East-West Expressway, and the Beach Line Expressway.
This location and accessibility support day-to-day convenience for clients and staff across the central Florida area.
Key Highlights
- Flex office suite built in 2007 with central air cooling
- Downstairs reception area and downstairs bathroom
- 3 guest facilities
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $30.00 |
| − Vacancy | −$8.0k | −$5.10 |
| EGI | $39.0k | $24.90 |
| − OpEx | −$9.8k | −$6.23 |
| NOI | $29.3k | $18.67 |
1,567 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$418.1K
$365.8K – $487.7K
NOI $29,264 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.8K
$441.7K – $588.9K
NOI $35,335 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Seguros FL - Fernando ...
Insurance Agency
Febres 360°
Financial Advisor
Alma Behavioral Group
Medical Clinic
Unik Title, LLC
Title Company
Haynes Law P.A.
Law Firm
FAQs
What type of property is this?
Office units - Flex office suite with downstairs reception and bathroom, plus two entrances and more than five parking spaces.
Where is this office units located?
The property is located at 8615 Commodity Circle Unit 2 Orlando, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Flex office suite built in 2007 with central air cooling; Downstairs reception area and downstairs bathroom; 3 guest facilities