Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Winter Park Stand-Alone Building Title is generated by Realmo AI

    1971 Lee Rd, Winter Park, FL 32789

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Highly visible Winter Park building with secure parking and easy access.

    Type:Office
    Property size:
    7,375 SF
    Price / SF:
    $294/SF
    Added:
    Jan 23, 2026
    Days on Market:
    129
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 1971 Lee Rd

    General Information

    Standard status
    Active
    Size
    7,375 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    David Lundberg

    Listing agent David Lundberg License #FL 3067486

    Listing office CEP - Commercial Equity Partners

    Listing date Jan 23, 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 CEP - Commercial Equity Partners

    HighLights

    • Highly visible Winter Park location on a corner lot.
    • Abundance of secure, well‑lit parking.
    • Easy access to I‑4 and US 17 & 92.
    • Prominent monument sign for high exposure.
    • Ideal for owner/user.
    • High exposure to foot and vehicle traffic.

    Overview

    This stand-alone building is situated in a highly visible and desirable location in Winter Park. The property offers an abundance of secure, well-lit parking. It provides easy access to major highways, including I-4 and US 17 & 92. The site benefits from excellent visibility, featuring a prominent and existing monument sign that ensures high exposure to both foot and vehicle traffic. The property has a size of 7375 square feet. It is ideal for businesses seeking convenience, security, and a prominent presence in one of Winter Park's most sought-after areas.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $177.0k $24.00
    − Vacancy −$30.1k −$4.08
    EGI $146.9k $19.92
    − OpEx −$36.7k −$4.98
    NOI $110.2k $14.94
    7,375 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.57M
    $1.38M – $1.84M (±1% cap)
    NOI $110,183 @ 7.0% cap · market cap 5.07%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.10M
    $1.84M – $2.45M (±1% cap)
    NOI $146,910 @ 7.0% cap · market cap 6.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rena Stacy, PsyD Physician Smith McIntosh Properties, ... Real Estate Agency Commercial Equity Partners Real Estate Agency First Choice Wealth ... Financial Advisor WCC Services Inc. Construction Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.375525
    Latitude
    28.6062354

    Nearby Similar for Sale

    • $545,000
      1,088 SF

      Winter Park Commercial Opportunity

      Versatile commercial property in Winter Park with flexible zoning.
      4947 N PALM AVENUE, WINTER PARK, FL 32792
      View Details
    • $2,800,000
      16,437 SF

      Winter Park Mixed-Use Opportunity

      Two buildings in Winter Park near Costco and Full Sail.
      3425 FORSYTH ROAD, WINTER PARK, FL 32792
      View Details
    • $695,500
      1,656 SF

      Winter Park Professional Office Building

      Free-standing Winter Park office building in a prime location.
      1977 DUNDEE DRIVE, WINTER PARK, FL 32792
      View Details
    • $5,900,000
      14,210 SF

      Winter Park Breast Center

      Two-story medical building near AdventHealth Winter Park, total size 14,206 SF.
      2200 Glenwood Dr, Winter Park, FL 32792
      View Details
    • $675,000
      1,604 SF

      Winter Park Income-Producing Duplex

      Well-maintained duplex in Winter Park, great investment opportunity.
      1618 INDIANA AVENUE, WINTER PARK, FL 32789
      View Details
    • $1,185,999
      2,282 SF

      Winter Park Duplex Near Park Avenue

      Duplex near Park Avenue with strong rental income potential.
      726/720 N PENNSYLVANIA AVENUE, WINTER PARK, FL 32789
      View Details
    • $1,679,000
      6,169 SF

      Winter Park Strip Center Opportunity

      Strip center with long-term tenants in prime Winter Park location.
      7507 ALOMA AVENUE, WINTER PARK, FL 32792
      View Details
    • $700,000
      1,264 SF

      Winter Park Investment Opportunity

      Winter Park property available for the first time since 1979.
      1881 W FAIRBANKS AVENUE, WINTER PARK, FL 32789
      View Details
    • $719,000
      1,656 SF

      Winter Park Office Building Opportunity

      Free-standing office building near Winter Park Medical Arts District.
      1977 DUNDEE DRIVE, WINTER PARK, FL 32792
      View Details
    • $550,000

      Winter Park Commercial Opportunity

      Versatile commercial property in a high-demand Winter Park location.
      4947 N PALM Ave, Winter Park, FL 32792
      View Details
    • $650,000

      Charming Income-Producing Multifamily Property

      Income-producing property with main house, studio office, and apartment.
      352 CAMBRIDGE Blvd, Winter Park, FL 32789
      View Details
    • $3,233,082
      17,514 SF

      Winter Park Value-Add Investment Opportunity

      Multi-tenant office/retail asset with income and appreciation potential.
      7523 Aloma Ave, Winter Park, FL 32792
      View Details

    FAQs

    What type of property is this?
    Office building - Highly visible Winter Park building with secure parking and easy access.
    Where is this office building located?
    The property is located at 1971 Lee Rd Winter Park, FL.
    What is the asking price?
    The asking price for this property is $2,175,000.
    What are key features of this property?
    This property features: Highly visible Winter Park location on a corner lot.; Abundance of secure, well‑lit parking.; Easy access to I‑4 and US 17 & 92.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Lundberg
    Real Estate License ID: FL 3067486
    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
    1971 Lee Rd, Winter Park, FL 32789
    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!