Lake Mary Office For
For Sale
$1,590,000
Pending
141 Parliament Loop Unit 1001, Lake Mary, FL 32746
Office building in Lake Mary, Florida with 4,900 square feet.
Property Size4,900 SF
Days on Market505
Property Features for 141 Parliament Loop Unit 1001
General Information
Standard status
Pending
Size
4,900 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
PO
Taxes and HOA fees
Annual Taxes
$11,832
Amenities
Central Air
Central
Concrete
No
Acoustical
Varied
Display Window(s)
Square Feet
Shingle
Mature Landscaping
1
Fire Alarm
Slab
Block, Concrete, Stucco
Building Details
Year Built
2006
Listing Agency:
LOVELAND PROPERTIES
Listed By:
Cleve Loveland · License #602469
(407) 352-8118
Source:
Compass
Added: Jun 5, 2025
Changed: Oct 21
Last Checked: Oct 20 at 11:08PM
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 LOVELAND PROPERTIES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Lake Mary, Florida, this office building offers 4,900 square feet of space. From FL-417 (Central Florida GreeneWay), take Exit 30 for Curry Ford Road. Head east on Curry Ford Road for about 1 mile. Turn right onto Dean Road and go about 0.6 miles. Turn left onto Parliament Loop. Follow the loop until you reach 141 Parliament Loop.
Key Highlights
- Located in Seminole County.
- Built in 2006.
- Enjoy central air conditioning.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,206
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,464,120
$1.5M
Cap Rate 7%
$1,045,800
$1.0M
Cap Rate 9%
$813,400
$813.4K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$117.6K $24.00/SF
− Vacancy
−$20.0K −$4.08/SF
EGI
$97.6K $19.92/SF
− OpEx
−$24.4K −$4.98/SF
NOI
$73.2K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,464,120
Cap Rate 7%
$1,045,800
Cap Rate 9%
$813,400
Alternative Uses
Best Use
Office B
$1.05M
$915.1K – $1.22M
NOI $73,206 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,608 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building in Lake Mary, Florida with 4,900 square feet.
Where is this office building located?
The property is located at 141 Parliament Loop Unit 1001 Lake Mary, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Located in Seminole County.; Built in 2006.; Enjoy central air conditioning.
