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Air-Conditioned Flex Space
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174B Semoran Commerce Place, Apopka, FL 32703

Private-entry commercial condominium with office functionality, roll-up access, parking, and dedicated electrical capacity.

Property Size1,395 SF
Price / SF$250.90
Days on Market64

Property Features for 174B Semoran Commerce Place

General Information

Standard status Active
Size 1,395 SF
Property subtype Industrial
Listing Agency: The Bywater Company
Listed By: Sallie Jane Bywater · License #SL3660614
Source: Crexi
Added: Aug 12 Changed: Oct 10 Last Checked: Oct 12 at 4:41PM

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 The Bywater Company

Investment Insights

Based on property information with market context.

This flex space condominium at 174B Semoran Commerce Place provides 1,395 square feet of fully air-conditioned commercial space. The interior includes two offices, a private entrance, and a 10' x 10' roll-up door, supporting a combination of office and operational functions. The space also offers 13' interior clear height and generous parking.

Electrical service includes two 150 amp single-phase panels. The property is located in Apopka, Florida, with a commercial configuration suited to users seeking conditioned workspace, office areas, and grade-level roll-up access in one unit.

Key Highlights

  • 1,395 square feet of fully air‑conditioned flex space
  • Two offices and a private entrance
  • 10' x 10' roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,841
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,820 $416.8K
Cap Rate 7%
$297,729 $297.7K
Cap Rate 9%
$231,567 $231.6K
Market Conditions
NOI Build-Up for 1,395 SF
Gross rent
$33.5K $24.00/SF
− Vacancy
−$5.7K −$4.08/SF
EGI
$27.8K $19.92/SF
− OpEx
−$6.9K −$4.98/SF
NOI
$20.8K $14.94/SF
Area
Orange 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%
$416,820
Cap Rate 7%
$297,729
Cap Rate 9%
$231,567

Alternative Uses

Best Use
Office B
$297.7K
$260.5K – $347.4K (±1% cap)
NOI $20,841 @ 7.0% cap · market cap 5.95%
Second Best
Industrial
$111.3K
$97.4K – $129.9K (±1% cap)
NOI $7,793 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$397.0K
$347.4K – $463.1K (±1% cap)
NOI $27,788 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Earmold Concepts Inc Physician JV Shower Doors ... Kitchen & Bath Showroom East Coast T-shirt ... (Bike/Boat/Book/etc) Store TintTech Window Tinting ... Interior Design

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair

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

723
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32703, FL

54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Private-entry commercial condominium with office functionality, roll-up access, parking, and dedicated electrical capacity.
Where is this flex space located?
The property is located at 174B Semoran Commerce Place Apopka, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,395 square feet of fully air‑conditioned flex space; Two offices and a private entrance; 10' x 10' roll‑up door
More about this property
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