Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Mary Office For Sale Title is generated by Realmo AI

    141 PARLIAMENT LOOP 1001, Lake Mary, FL 32746

    View on Map
    Claim this Listing
    For Sale
    $1,590,000

    Office building in Lake Mary, Florida with 4,900 square feet.

    Property size:
    4,900 SF
    Price / SF:
    $324/SF
    Added:
    Jun 5, 2025
    Days on Market:
    367
    Last Refresh:
    Mar 16 at 8:24 am

    Property Features for 141 PARLIAMENT LOOP 1001

    General Information

    Standard status
    Active
    Size
    4,900 SF

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Cleve Loveland

    Listing agent Cleve Loveland License #602469

    Listing office Loveland Properties

    Listing date Jun 5, 2025

    Source Evrealestate

    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

    HighLights

    • Located in Seminole County.
    • Built in 2006.
    • Enjoy central air conditioning.
    • Central heating provided.
    • Common parking available.
    • Lighted parking for convenience.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.3269926
    Latitude
    28.7552367

    Nearby Similar for Sale

    • $4,995,000
      10,592 SF

      Lake Mary Office Development Opportunity

      Premier office building with approved outparcel near Downtown Lake Mary.
      131 S COUNTRY CLUB ROAD, LAKE MARY, FL 32746
      View Details
    • $429,900
      1,929 SF

      Updated Duplex in Lake Mary

      Move-in ready duplex with updated units and new windows.
      292 S 3RD STREET, LAKE MARY, FL 32746
      View Details
    • $975,000
      3,000 SF

      Remodeled Lake Mary Commercial Space

      Over 3,000 SF remodeled space in Lake Mary.
      405 WAYMONT Ct, Lake Mary, FL 32746
      View Details
    • $420,000
      1,293 SF

      Lake Mary Office For Sale

      Office space in Lake Mary, Florida, with ample parking.
      1355 S INTERNATIONAL PARKWAY, LAKE MARY, FL 32746
      View Details
    • $4,995,000
      10,592 SF

      Lake Mary Premier Office Building

      High-quality office building with development potential near Downtown Lake Mary.
      131 S COUNTRY CLUB Rd, Lake Mary, FL 32746
      View Details
    • $1,590,000
      4,900 SF

      Versatile Mixed-Use Commercial Property

      Commercial property ideal for retail, office, or showroom uses.
      141 PARLIAMENT LOOP, LAKE MARY, FL 32746
      View Details
    • $7,000,000
      28,183 SF

      Lake Mary Office Building For Sale

      Three-story office building with high occupancy and prime location.
      3300 West Lake Mary Blvd, Lake Mary, FL 32746
      View Details
    • $420,000

      Office Suite with Ample Parking

      Easily accessible office suite with parking for staff and clients.
      1355 S INTERNATIONAL Pkwy 2471, Lake Mary, FL 32746
      View Details
    • $2,300,000
      5,108 SF

      Lake Mary Office Building Opportunity

      Stand-alone office building in Central Parc, Lake Mary/Heathrow.
      960 INTERNATIONAL PARKWAY, LAKE MARY, FL 32746
      View Details
    • $4,500,000
      7,224 SF

      Lake Mary Retail Investment Opportunity

      Fully leased retail center in high-growth Orlando MSA.
      446 Rinehart Rd, Lake Mary, FL 32746
      View Details
    • $975,000
      3,000 SF

      Remodeled Commercial Space in Lake Mary

      3000+ sq ft remodeled space ideal for medical/professional use.
      405 WAYMONT COURT, LAKE MARY, FL 32746
      View Details
    • $1,625,000
      4,464 SF

      High Visibility Lake Mary Office

      Standalone office building with monument signage and ample parking.
      3112 W LAKE MARY BOULEVARD, LAKE MARY, FL 32746
      View Details

    FAQs

    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 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.
    (407) 352-8118
    We can help!
    Listing Contact
    Cleve Loveland
    Real Estate License ID: 602469
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    141 PARLIAMENT LOOP 1001, LAKE MARY, FL 32746
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!