Multi-Tenant Office
610 N Wymore Rd Maitland, FL 32751
610 N Wymore Rd, Maitland, FL, 32751
Contact for pricing
For Sale
Contact for pricing
Pending
Central multi-tenant office building with recent lobby renovations, separate restrooms on both floors, and a first-floor reception desk.
Property Size15,985 SF
Days on Market797
Property Features for 610 N Wymore Rd
General Information
- Standard status
- Pending
- Size
- 15,985 SF
- Property subtype
- Office
Building Details
- Year Built
- 1998
Listing agency
CrossMarc Services, LLC
Listed by
Meghan Byrne · License #BK3440992
Source
Crexi
Added: May 17, 2024 Updated: Jul 22 at 3:54PM Checked: Jul 22 at 3:54PM
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 CrossMarc Services, LLC
Investment Insights
Based on property information with market context.
Centrally located multi-tenant office building within the Maitland Professional Office Village office condo association. The property totals 15,985 SF and features recent capital improvements including renovations to the lobby area. Both floors include separate bathrooms, and the first floor has a receptionist desk.
The building is located off Wymore Road and is convenient to Interstate 4 access at the Maitland Blvd interchange, providing access from all directions. It is also close to the Maitland SunRail Station.
With its multi-tenant configuration and updated common areas, the building offers an owner-user opportunity to occupy space in addition to other income options.
The building is located off Wymore Road and is convenient to Interstate 4 access at the Maitland Blvd interchange, providing access from all directions. It is also close to the Maitland SunRail Station.
With its multi-tenant configuration and updated common areas, the building offers an owner-user opportunity to occupy space in addition to other income options.
Key Highlights
- 1998‑built 15,985 SF multi‑tenant office building in Maitland Professional Office Village
- Recent capital improvements including renovations to the lobby area
- Separate bathrooms on both floors
Local 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 | $383.6k | $24.00 |
| − Vacancy | −$65.2k | −$4.08 |
| EGI | $318.4k | $19.92 |
| − OpEx | −$79.6k | −$4.98 |
| NOI | $238.8k | $14.94 |
15,985 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.41M
$2.99M – $3.98M
NOI $238,816 @ 7.0% cap · market cap 7.96%
Second Best
Healthcare Medical
$3.26M
$2.85M – $3.80M
NOI $227,882 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$4.55M
$3.98M – $5.31M
NOI $318,421 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Center for Family & Crisis ...
Counselor
Counseling Specialists of Central ...
Counselor
Global Clinical Research ...
Research Foundation
Resmac
Loan Service
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FAQs
What type of property is this?
Office building - Central multi-tenant office building with recent lobby renovations, separate restrooms on both floors, and a first-floor reception desk.
Where is this office building located?
The property is located at 610 N Wymore Rd Maitland, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 1998‑built 15,985 SF multi‑tenant office building in Maitland Professional Office Village; Recent capital improvements including renovations to the lobby area; Separate bathrooms on both floors
