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    Downtown Orlando Office Space Title is generated by Realmo AI

    189 S Orange Ave 1570, Orlando, FL 32801

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    Spacious 5,533 SF office with panoramic views.

    Type:Office
    Property size:
    5,553 SF
    Price / SF:
    $157/SF
    Added:
    May 26, 2026
    Days on Market:
    10
    Last Refresh:
    May 27 at 8:27 am

    Property Features for 189 S Orange Ave 1570

    General Information

    Standard status
    Active
    Size
    5,553 SF
    Property subtype
    Office

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    MAHDI JAFFER, CCIM
    MAHDI JAFFER, CCIM

    Listing agent MAHDI JAFFER, CCIM License #FL SL3225530

    Listing office Alpha Equity

    Listing date May 26, 2026

    Source Crexi

    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 Alpha Equity

    HighLights

    • Prime Downtown Orlando location at The Plaza (189 S Orange Ave, Unit 1570) offering a high‑profile business presence.
    • Expansive 5,533 SF suite with PANORAMIC Downtown Orlando skyline views from the 15th floor.
    • Versatile layout includes multiple private offices, two oversized conference rooms, reception area, and open‑plan workspace.
    • GRAND executive suite features a walk‑in shower with floor‑to‑ceiling tile, a rare amenity in an office setting.
    • Access to building amenities: 24/7 concierge, shared conference rooms, break rooms, kitchen facilities, fitness center, retail, and dining.
    • Convenient parking in attached garage with easy access to major highways and public transportation.

    Overview

    Located in Downtown Orlando at The Plaza, this 5,533 SF commercial office space at 189 S Orange Ave, Unit 1570, offers premium amenities and a design suitable for businesses seeking a high-profile presence. Situated on the 15th floor, the suite features panoramic views of the Downtown Orlando skyline through floor-to-ceiling windows. The space includes multiple private offices, two oversized conference rooms, a reception area, and a central open-plan workspace. A dedicated kitchen and dining area is available, along with an accessible balcony. Additional features include an executive suite with a walk-in shower finished in floor-to-ceiling tile with an accent strip, a storage area, and a main entryway that connects to all areas of the suite. Tenants have access to a modern lobby with 24/7 concierge service, shared conference rooms, break rooms, and kitchen facilities. An on-site fitness center, retail shops, and dining options are available within the complex. The building is ADA compliant and features high-speed elevators, secure access, and professional security services. Ample parking is available in the attached garage, with access to major highways and public transportation.
    Location Intelligence

    Current Use by Public Records

    Daytona Lubricants Industrial Manufacturer There's A New Way Hospital RadiusBlue (Bike/Boat/Book/etc) Store Fortress Cyber Security IT Consulting Firm Gogo Charters Orlando Travel Agency

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness Center Kitchen & Bath Showroom Real Estate Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.3784657
    Latitude
    28.5406135

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    FAQs

    What type of property is this?
    Office units - Spacious 5,533 SF office with panoramic views.
    Where is this office units located?
    The property is located at 189 S Orange Ave 1570 Orlando, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Prime Downtown Orlando location at The Plaza (189 S Orange Ave, Unit 1570) offering a high‑profile business presence.; Expansive 5,533 SF suite with PANORAMIC Downtown Orlando skyline views from the 15th floor.; Versatile layout includes multiple private offices, two oversized conference rooms, reception area, and open‑plan workspace.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing MAHDI JAFFER, CCIM
    MAHDI JAFFER, CCIM
    Real Estate License ID: FL SL3225530
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    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.

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