Downtown Redevelopment Office
135 N MAGNOLIA AVE Orlando, FL 32801
For Sale
Contact for pricing
Redevelopment opportunity in downtown Orlando with potential to reach up to 200 feet in height, per city.
Property Size24,038 SF
Price / SF$270.41
Days on Market74
Property Features for 135 N MAGNOLIA AVE
General Information
- Standard status
- Active
- Size
- 24,038 SF
- Property subtype
- OFFICE
Listing Agency:
LQ Commercial | Orlando
(407) 257-8246
Listed By:
Julia Sosa · License #519415
(407) 257-8246
Source:
Moodyscre
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 2:18AM
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 LQ Commercial | Orlando
Investment Insights
Based on property information with market context.
This downtown office property is being offered as a redevelopment opportunity in the heart of Orlando. The site has potential, per city, to be developed to heights up to 200 feet.
The property is described as walkable to Lake Eola, the Regional History Center, and the Public Library. It is also positioned within a short distance of major downtown attractions, including the Kia Center, Dr. Phillips Center for Performing Arts, Bob Carr Theater, and Inter & Co. Stadium.
Ideal for buyers evaluating redevelopment concepts in a high-visibility downtown setting, the offering centers on the site’s redevelopment flexibility and the stated height potential.
The property is described as walkable to Lake Eola, the Regional History Center, and the Public Library. It is also positioned within a short distance of major downtown attractions, including the Kia Center, Dr. Phillips Center for Performing Arts, Bob Carr Theater, and Inter & Co. Stadium.
Ideal for buyers evaluating redevelopment concepts in a high-visibility downtown setting, the offering centers on the site’s redevelopment flexibility and the stated height potential.
Key Highlights
- Redevelopment opportunity in the heart of downtown Orlando
- Potential to reach up to 200 ft in height, per city
- Walking distance to Lake Eola, Regional History Center & Public Library
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 | $721.1k | $30.00 |
| − Vacancy | −$122.6k | −$5.10 |
| EGI | $598.5k | $24.90 |
| − OpEx | −$149.6k | −$6.23 |
| NOI | $448.9k | $18.67 |
24,038 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.41M
$5.61M – $7.48M
NOI $448,910 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.74M
$6.78M – $9.03M
NOI $542,043 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SilkPar Aesthetics
Medical Clinic
Lake Eola Charter ...
High School
Longview Solutions Inc
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office building - Redevelopment opportunity in downtown Orlando with potential to reach up to 200 feet in height, per city.
Where is this office building located?
The property is located at 135 N MAGNOLIA AVE Orlando, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Redevelopment opportunity in the heart of downtown Orlando; Potential to reach up to 200 ft in height, per city; Walking distance to Lake Eola, Regional History Center & Public Library
