Winter Park Medical Building
2200 Glenwood Dr Winter Park, FL 32792
2200 Glenwood Dr, Winter Park, FL, 32792
$5,900,000
For Sale
$5,900,000
Outstanding opportunity for group practices, ASC and or diagnostic facility
Property Size14,210 SF
Lot Size0.94 Acres
Price / SF$415.20
AddedMar 25
Days on Market113
Last RefreshApr 8 at 2:26 pm
Property Features for 2200 Glenwood Dr
General Information
- Standard status
- Active
- Property type
- Medical Office Space, Office Spaces
- Size
- 14,210 SF
- Net Rentable
- 12,410 SF
- Class
- B
- Total Parking Spaces
- 69
- Elevators
- Yes
- Lot size
- 0.94 Acres
- Sale Condition
- High Vacancy
- Investment Type
- Owner User
Building Details
- Year Built
- 2008
- Buildings
- 1
- Stories
- 2
Listing office (407) 947-5074
Listing date Mar 25, 2026
Investment Insights
Based on property information with market context.
This two-story medical building, totaling 14,206 square feet, is located one block from AdventHealth Winter Park. The construction is concrete block and includes a fire sprinkler system. The first floor, comprising 6,977 square feet, is delivered as a gray shell. The second floor, consisting of 7,229 square feet, is built out and requires minor cosmetic refreshing. The building is elevator-served. Situated in the affluent Winter Park medical corridor, the property offers a flexible layout with a fully built-out second floor and a shell first floor. The property sits on a 0.94-acre lot. This location presents an outstanding opportunity for group practices, ambulatory surgery centers, and diagnostic facilities. There is value-add potential through lease-up or partial owner-occupancy.
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 | $341.0k | $24.00 |
| − Vacancy | −$58.0k | −$4.08 |
| EGI | $283.1k | $19.92 |
| − OpEx | −$70.8k | −$4.98 |
| NOI | $212.3k | $14.94 |
14,210 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.03M
$2.65M – $3.54M
NOI $212,297 @ 7.0% cap · market cap 3.60%
Second Best
Healthcare Medical
$2.89M
$2.53M – $3.38M
NOI $202,578 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$4.04M
$3.54M – $4.72M
NOI $283,063 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Shenin M. ...
Physician
CENTRAL FLORIDA BREAST ...
Physician
Allison B. Manning, ...
Physician
Misty Snyder
Physician
Shenin Madatali Sachedina
Physician
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FAQs
What type of property is this?
Medical Office Space - Outstanding opportunity for group practices, ASC and or diagnostic facility
Where is this medical office space located?
The property is located at 2200 Glenwood Dr Winter Park, FL.
What is the asking price?
The asking price for this property is $5,900,000.
