Flex Office Condo with
For Sale
$725,000
20-7901 Kingspointe Pkwy, Orlando, FL 32819
Industrial-zoned commercial space combines private offices, polished finishes, and direct loading access.
Property Size1,650 SF
Price / SF$439.39
Days on Market18
Property Features for 20-7901 Kingspointe Pkwy
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
3
Warehouse & Industrial
Warehouse Space
380 SF
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,145
Amenities
security alarm system
surveillance cameras
Listing Agency:
GO FLORIDA COMMERCIAL LLC
(407) 443-3206
Listed By:
Mike Guidice · License #3070728
(407) 443-3206
Source:
Exprealty
Added: Aug 13
Changed: Aug 30
Last Checked: Aug 30 at 3:33AM
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 GO FLORIDA COMMERCIAL LLC
Investment Insights
Based on property information with market context.
This 1,650 SF flex office condominium in Orlando pairs a professional office buildout with approximately 380 SF of air-conditioned warehouse area. The interior includes four private offices, a conference room, reception space, kitchen, and an upgraded restroom. Travertine and wood flooring, crown molding, and finished baseboards create a polished business setting, while an overhead garage door supports warehouse access and loading. The property is suited to office, showroom, light warehouse, or service-oriented operations.
Positioned just off Sand Lake Road between I-4 and the Florida Turnpike, the property provides access to Universal Studios, Disney, Orlando International Airport, major transportation routes, and Central Florida markets. Security features include an alarm system and surveillance cameras. Three assigned parking spaces are included, with additional guest parking available within the complex.
Positioned just off Sand Lake Road between I-4 and the Florida Turnpike, the property provides access to Universal Studios, Disney, Orlando International Airport, major transportation routes, and Central Florida markets. Security features include an alarm system and surveillance cameras. Three assigned parking spaces are included, with additional guest parking available within the complex.
Key Highlights
- 1,650 SF flex office condo in Orlando
- Approximately 380 SF of air‑conditioned warehouse space
- Four private offices plus conference room, reception area, kitchen, and upgraded restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,814
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$616,280
$616.3K
Cap Rate 7%
$440,200
$440.2K
Cap Rate 9%
$342,378
$342.4K
Market Conditions
NOI Build-Up for 1,650 SF
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.
Gross rent
$49.5K $30.00/SF
− Vacancy
−$8.4K −$5.10/SF
EGI
$41.1K $24.90/SF
− OpEx
−$10.3K −$6.23/SF
NOI
$30.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$616,280
Cap Rate 7%
$440,200
Cap Rate 9%
$342,378
Alternative Uses
Best Use
Office B
$440.2K
$385.2K – $513.6K
NOI $30,814 @ 7.0% cap · market cap 4.25%
Second Best
Warehouse
$159.9K
$139.9K – $186.5K
NOI $11,192 @ 7.0% cap · market cap 1.54%
Theoretical Best
Office A
$531.5K
$465.1K – $620.1K
NOI $37,207 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Similar Off Market Nearby
- The Point Grill — 5001 sand lake rd, orlando, fl 32819
- Maria Maria Taqueria — 5001 w sand lake rd, orlando, fl 32819
- Mwca Inc — 6881 Kingspointe Pkwy STE 4, Orlando, FL 32819
- Catering And Events — 5454 International Dr, Orlando, FL 32819
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned commercial space combines private offices, polished finishes, and direct loading access.
Where is this flex space located?
The property is located at 20-7901 Kingspointe Pkwy Orlando, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,650 SF flex office condo in Orlando; Approximately 380 SF of air‑conditioned warehouse space; Four private offices plus conference room, reception area, kitchen, and upgraded restroom
