Renovated Freestanding Office
2200 N Park Ave Winter Park, FL 32789
For Sale
Contact for pricing
Renovated freestanding office building with monument signage and ample parking, including five covered spaces.
Property Size10,000 SF
Price / SF$492.50
Days on Market652
Property Features for 2200 N Park Ave
General Information
Standard status
Active
Size
10,000 SF
Property subtype
OFFICE
Listing Agency:
City Commercial
(407) 929-3598
Listed By:
Lee Zerivitz
Source:
Moodyscre
Added: Oct 16, 2024
Changed: Jul 26
Last Checked: Jul 29 at 3:39PM
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 City Commercial
Investment Insights
Based on property information with market context.
This renovated, freestanding office building offers a modern, contemporary work environment in a compact 10,000 SF footprint. The property includes monument signage and on-site parking designed to support day-to-day employee and visitor access, with ample parking exceeding 4 spaces per 1,000 SF plus a bonus of five covered parking spaces.
Located at 2200 N Park Ave in Winter Park, Florida, the building benefits from being positioned as the only 10,000 SF free-standing office option noted as available in WP. The configuration and parking amenities make it well suited for tenants seeking a standalone office presence with straightforward arrival and access.
For buyers evaluating a small-footprint office asset, this offering centers on a renovated building exterior and work-ready environment supported by practical parking capacity, including covered stalls.
Located at 2200 N Park Ave in Winter Park, Florida, the building benefits from being positioned as the only 10,000 SF free-standing office option noted as available in WP. The configuration and parking amenities make it well suited for tenants seeking a standalone office presence with straightforward arrival and access.
For buyers evaluating a small-footprint office asset, this offering centers on a renovated building exterior and work-ready environment supported by practical parking capacity, including covered stalls.
Key Highlights
- Renovated 10,000 SF freestanding office building in WP
- Modern and contemporary renovation
- Ample parking at over 4/1,000, plus 5 covered parking spaces
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 | $240.0k | $24.00 |
| − Vacancy | −$40.8k | −$4.08 |
| EGI | $199.2k | $19.92 |
| − OpEx | −$49.8k | −$4.98 |
| NOI | $149.4k | $14.94 |
10,000 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.13M
$1.87M – $2.49M
NOI $149,400 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,200 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Renovated freestanding office building with monument signage and ample parking, including five covered spaces.
Where is this office building located?
The property is located at 2200 N Park Ave Winter Park, FL.
What is the asking price?
The asking price for this property is $4,925,000.
What are key features of this property?
This property features: Renovated 10,000 SF freestanding office building in WP; Modern and contemporary renovation; Ample parking at over 4/1,000, plus 5 covered parking spaces
