Professional Office
New
For Sale
$315,000
1315 N PINE HILLS, Orlando, FL 32808
P-O zoning supports professional office and service-related uses.
Property Size1,026 SF
Lot Size0.19 Acres
Price / SF$307.02
Days on Market2
Property Features for 1315 N PINE HILLS
General Information
Standard status
Active
Size
1,026 SF
Lot size
0.19 Acres
Property subtype
Commercial
Zoning
P-O
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,405
Building Details
Building Size
1,026 SF
Year Built
1953
Buildings
1
Construction
concrete block
Listing Agency:
Lovera Realty, LLC
Listed By:
William Jusme · License #687730
(407) 843-8996
Source:
Elliman
Added: Sep 18
Last Checked: Sep 18 at 2:44PM
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 Lovera Realty, LLC
Investment Insights
Based on property information with market context.
This concrete-block office building contains approximately 1,026 square feet of interior space and includes central A/C. Built in 1953, the property occupies approximately 0.19 acres and is configured for professional office or service-oriented occupancy under P-O zoning.
The site fronts N Pine Hills Road with approximately 75 feet along a public county arterial, providing direct roadway access. The property is near major Orlando roadways, residential neighborhoods, shopping, and established businesses. The seller is a mechanic, and the property will be cleaned and cleared before closing.
The site fronts N Pine Hills Road with approximately 75 feet along a public county arterial, providing direct roadway access. The property is near major Orlando roadways, residential neighborhoods, shopping, and established businesses. The seller is a mechanic, and the property will be cleaned and cleared before closing.
Key Highlights
- Approximately 1,026 square feet of interior space
- Approximately 0.19 acres with approximately 75 feet of road frontage
- P‑O (Professional Office) zoning
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
$19,161
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
6.08%
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%
$383,220
$383.2K
Cap Rate 7%
$273,729
$273.7K
Cap Rate 9%
$212,900
$212.9K
Market Conditions
NOI Build-Up for 1,026 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
$30.8K $30.00/SF
− Vacancy
−$5.2K −$5.10/SF
EGI
$25.5K $24.90/SF
− OpEx
−$6.4K −$6.23/SF
NOI
$19.2K $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%
$383,220
Cap Rate 7%
$273,729
Cap Rate 9%
$212,900
Alternative Uses
Best Use
Office B
$273.7K
$239.5K – $319.4K
NOI $19,161 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.5K
$289.2K – $385.6K
NOI $23,136 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 32808, FL
52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Office building - P-O zoning supports professional office and service-related uses.
Where is this office building located?
The property is located at 1315 N PINE HILLS Orlando, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Approximately 1,026 square feet of interior space; Approximately 0.19 acres with approximately 75 feet of road frontage; P‑O (Professional Office) zoning
