Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2111 Glenwood Dr Winter Park, FL 32792

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A medical office building adjacent to hospital campus.

    Property size:
    1,515 SF
    Lot size:
    2.02 Acres

    Property Features for 2111 Glenwood Dr

    General Information

    Size
    1,515 SF
    Lot size
    2.02 Acres

    We can help!

    Listing Contact
    Anne Spencer
    Source: Moodyscre

    Listing Agency: Cushman & Wakefield | Orlando Listing Agent: Anne Spencer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medical Office Near AdventHealth

    This Class A, two-story medical office building offers 33,628 square feet of space. The property is located adjacent to the AdventHealth Winter Park Memorial Hospital campus. It features a parking ratio of 5 spaces per 1,000 square feet. Monument signage is available. The building includes a lush atrium lobby with waterfall features and a covered drop-off entrance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daniel Building Business Service Center Orlando Foot & Ankle: ... Physician Sandeep V. Pillarisetty, ... Physician Christopher L. Reeves, ... Physician Michael E. Smith, ... Physician

    Suggested Use

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

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

    Similar Places Nearby

    Companion Care Pet Hospital, Vet Wellcare Vaccinations Clinic at Pet Supermarket

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.3245185
    Latitude
    28.599736

    Nearby Similar for Lease

    • New
      $8,500 /Mo
      23,056 SF

      Winter Park Mixed-Use Opportunity

      Double commercial lot in Winter Park, FL, for lease.
      5589 Lake Howell Rd, Winter Park, FL 32792
      View Details
    • Contact for pricing

      Heritage Park

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      941 Morse Blvd, Winter Park, FL 32789
      View Details
    • Sponsored
      Contact for pricing

      FL, Winter Park - N Orlando Ave

      Workspaces, services and support to help you grow your business in DC, Washington - 609 H Street
      480 Orlando Ave, Winter Park, FL 32789
      View Details
    • $500 /Mo

      Winter Park Executive Center Office

      Move-in ready office suites with full-service leases available.
      1950 Lee Rd, Winter Park, FL 32789
      View Details
    • $22 SF/Yr

      Medical Office Space Available

      First-floor medical suite in Winter Park Medical Building for rent.
      1400 S Orlando Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Medical Office Space Near Hospital

      Class A medical office building near AdventHealth Winter Park Hospital.
      1871 Aloma Ave, Winter Park, FL 32789
      View Details
    • $158,700

      Winter Park Retail Center Space

      Multi-tenant retail center on 2.3 acres in Winter Park.
      1740 State Road 436, Winter Park, FL 32792
      View Details
    • Contact for pricing

      Prime Retail Space on Park

      Exceptional leasing opportunity on Park Ave in Winter Park, FL.
      114 N Park Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Freestanding Building

      Single-tenant building in Winter Park near Winter Park Village.
      347 N Orlando Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Retail Space on Park

      Prime retail space on Park Avenue in Winter Park, Florida.
      236 N Park Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Park Avenue Medspa Opportunity

      Former medspa space on historic Park Avenue in Winter Park.
      132 N Park Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Office Sublease

      Prime Park Ave office sublease opportunity in Winter Park.
      309 North Park Ave, Winter Park, FL 32789
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Class A medical office building adjacent to hospital campus.
    Where is this medical office space located?
    The property is located at 2111 Glenwood Dr Winter Park, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Strategically located adjacent to AdventHealth Winter Park Memorial Hospital campus.; - Class A 2-story medical office building offering 33,628 SF.; - Ample parking with a 5/1,000 ratio.
    (407) 541-4434 Call to check price and availability
    Request Owner's contact information
    2111 Glenwood Dr Winter Park, FL 32792
    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.
    2111 Glenwood Dr
    Winter Park, FL 32792
    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
    2111 Glenwood Dr Winter Park, FL 32792
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Anne Spencer
    (407) 541-4434 (407) 461-0825 (407) 841-8000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!