Purpose-Built Medical
For Sale
Contact for pricing
1303 S Semoran Boulevard, Orlando, FL 32807
Purpose-built medical asset on 1.17 acres with ample parking and strong established demand indicators nearby.
Property Size15,453 SF
Price / SF$452.99
Days on Market131
Property Features for 1303 S Semoran Boulevard
General Information
Standard status
Active
Size
15,453 SF
Class
B
Property subtype
Retail, Office
Zoning
ORL-MU / MedicalCompatible
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
1995
Tenancy
Single
Listing Agency:
Green Towers Realty
Listed By:
Max Krzyminski · License #FL SL3391790
Source:
Crexi
Added: Apr 28
Changed: Sep 2
Last Checked: Sep 4 at 9:22PM
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 Green Towers Realty
Investment Insights
Based on property information with market context.
This purpose-built medical asset is offered for sale on 1.17 acres and includes ample parking to support patient and staff access. With its healthcare-focused buildout, the property is positioned for long-term medical use and continued tenancy.
The asset is well located in Orlando, Florida, with Public Remarks noting over 300,000 residents within 5 miles. This established nearby population base is presented as a supporting factor for ongoing healthcare demand in a mature submarket.
The offering is sized at 15,453 square feet and is designed as a dedicated medical facility.
The asset is well located in Orlando, Florida, with Public Remarks noting over 300,000 residents within 5 miles. This established nearby population base is presented as a supporting factor for ongoing healthcare demand in a mature submarket.
The offering is sized at 15,453 square feet and is designed as a dedicated medical facility.
Key Highlights
- Purpose‑built medical asset on 1.17 acres
- Year built 1995
- Ample parking on‑site
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
$220,298
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
3.15%
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%
$4,405,960
$4.4M
Cap Rate 7%
$3,147,114
$3.1M
Cap Rate 9%
$2,447,756
$2.4M
Market Conditions
NOI Build-Up for 15,453 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
$408.0K $26.40/SF
− Vacancy
−$40.8K −$2.64/SF
EGI
$367.2K $23.76/SF
− OpEx
−$146.9K −$9.50/SF
NOI
$220.3K $14.26/SF
Area
Orlando, FL
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
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%
$4,405,960
Cap Rate 7%
$3,147,114
Cap Rate 9%
$2,447,756
Alternative Uses
Best Use
Healthcare Medical
$3.15M
$2.75M – $3.67M
NOI $220,298 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.98M
$4.36M – $5.81M
NOI $348,456 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Explore this area
Business Placement
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical center - Purpose-built medical asset on 1.17 acres with ample parking and strong established demand indicators nearby.
Where is this medical center located?
The property is located at 1303 S Semoran Boulevard Orlando, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Purpose‑built medical asset on 1.17 acres; Year built 1995; Ample parking on‑site
