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Two-Story Medical Office Building
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138 E Gore St, Orlando, FL 32806

Vacant, move-in-ready two-story office building with separate entrances, ADA-compliant access, and on-site parking.

Property Size2,014 SF
Price / SF$359.98
Days on Market141

Property Features for 138 E Gore St

General Information

Standard status Active
Size 2,014 SF
Property subtype OFFICE

Amenities

separate entrances
ADA-compliant access
on-site parking

Building Details

Stories 2
Listing Agency: Lee & Associates | Orlando
Listed By: Samuel Gaslin · License ##SL3266563
Source: Moodyscre
Added: Mar 13 Changed: Jul 27 Last Checked: Jul 31 at 5:44AM

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 Lee & Associates | Orlando

Investment Insights

Based on property information with market context.

138 E Gore Street is a vacant, move-in-ready two-story office building offering medical or professional office space. The building totals 2,014 SF and features separate entrances and ADA-compliant access.

The property is located directly across from Orlando Health’s main campus in the SoDo (South Downtown) district of Orlando. On-site parking is available, supporting convenient customer and employee access.

With its current vacancy and built-in accessibility features, the property is designed for immediate owner-use or for an investor seeking a straightforward path to lease-up.

Key Highlights

  • Vacant, move‑in‑ready two‑story office building at 138 E Gore Street
  • 2,014 SF building with separate entrances and ADA‑compliant access
  • Located directly across from Orlando Health’s main campus in the SoDo (South Downtown) district of Orlando

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 $60.4k $30.00
− Vacancy −$10.3k −$5.10
EGI $50.1k $24.90
− OpEx −$12.5k −$6.23
NOI $37.6k $18.67
2,014 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$537.3K
$470.1K – $626.9K (±1% cap)
NOI $37,611 @ 7.0% cap · market cap 5.19%
Second Best
Healthcare Medical
$410.2K
$358.9K – $478.5K (±1% cap)
NOI $28,712 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$648.8K
$567.7K – $756.9K (±1% cap)
NOI $45,415 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Tanning Salon Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,950
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32806, FL

26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value

Market

Vacancy Rate% for Office in Orlando, FL

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Caspermeyer Mark W DVM — 191 E Pine St, Orlando, FL 32801
  • X2 Tigerus — S Orange Ave #305, Orlando, FL 32801

Frequently Asked Questions

What type of property is this?
Medical Office Space - Vacant, move-in-ready two-story office building with separate entrances, ADA-compliant access, and on-site parking.
Where is this medical office space located?
The property is located at 138 E Gore St Orlando, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Vacant, move‑in‑ready two‑story office building at 138 E Gore Street; 2,014 SF building with separate entrances and ADA‑compliant access; Located directly across from Orlando Health’s main campus in the SoDo (South Downtown) district of Orlando
(904) 505-5282 Call to check price and availability
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