Office Unit with Conference
1590 41ST STREET, Orlando, FL 32839
For Sale
Contact for pricing
Reception space, private offices, restroom facilities, and parking serve a range of office functions.
Property Size1,500 SF
Price / SF$7.68
Days on Market10
Property Features for 1590 41ST STREET
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
reception area
conference room
restroom facilities
Building Details
Year Built
Listing Agency:
AMERILEAD REALTY LLC
(407) 765-6660
Listed By:
Dianitte Erilus · License FL #3051637
(321) 315-1603
Source:
Dennisrealty
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 10 at 8:08AM
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 AMERILEAD REALTY LLC
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Investment Insights
Based on property information with market context.
This 1,500-square-foot office unit was built in 2021. Its layout includes a reception area, enclosed offices, a conference room, and restroom facilities. Parking is also available at the property.
Key Highlights
- 1,500‑square‑foot office unit
- Built in 2021
- Reception area, private offices, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,013
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,260
$560.3K
Cap Rate 7%
$400,186
$400.2K
Cap Rate 9%
$311,256
$311.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$7.7K −$5.10/SF
EGI
$37.4K $24.90/SF
− OpEx
−$9.3K −$6.23/SF
NOI
$28.0K $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 Rate 5%
$560,260
Cap Rate 7%
$400,186
Cap Rate 9%
$311,256
Alternative Uses
Best Use
Office B
$400.2K
$350.2K – $466.9K
NOI $28,013 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.2K
$422.8K – $563.7K
NOI $33,824 @ 7.0% cap
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
751
Businesses Nearby
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Business Placement
Demographics for 32839, FL
58,641
Population
24,325
Households
2.4
Avg Household Size
32
Median Age
21%
College-Educated
83%
High-School Grad
7.4 sq mi
ZIP Area
7,924
Density / Sq Mi
$50,814
Median Household Income
$31,648
Median Earnings
$1,429
Median Rent
$250,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Orlando, FL
Properties on Market for Office Units in Orlando
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Reception space, private offices, restroom facilities, and parking serve a range of office functions.
Where is this office unit located?
The property is located at 1590 41ST STREET Orlando, FL.
What are key features of this property?
This property features: 1,500‑square‑foot office unit; Built in 2021; Reception area, private offices, and conference room
