Lake Mary Office Space
For Sale
$155,000
2500 W LAKE MARY BOULEVARD #213, Lake Mary, FL 32746
Well-maintained office space near downtown Lake Mary, suitable for professionals.
Property Size723 SF
Price / SF$214.38
Days on Market466
Property Features for 2500 W LAKE MARY BOULEVARD #213
General Information
Standard status
Active
Size
723 SF
Taxes and HOA fees
Annual Taxes
$1,812
Building Details
Year Built
1989
Listing Agency:
EAST PEARL REALTY
Listed By:
JUN JIE ZHAO
Source:
Corcoran
Added: Apr 22, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 EAST PEARL REALTY
Investment Insights
Based on property information with market context.
This 723-square-foot office space is located near downtown Lake Mary, offering convenient access to retail stores and restaurants. The property is suitable for law firms, brokerages, and other professional office uses. It features pylon signage on Lake Mary Boulevard and benefits from strong demographics in the surrounding area. The office space is in excellent condition.
Key Highlights
- Excellent condition office space, ready for your business.
- Close proximity to downtown Lake Mary.
- Walking distance to retail stores and restaurants.
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 | $17.4k | $24.00 |
| − Vacancy | −$2.9k | −$4.08 |
| EGI | $14.4k | $19.92 |
| − OpEx | −$3.6k | −$4.98 |
| NOI | $10.8k | $14.94 |
723 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$154.3K
$135.0K – $180.0K
NOI $10,802 @ 7.0% cap · market cap 6.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$205.7K
$180.0K – $240.0K
NOI $14,402 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office space near downtown Lake Mary, suitable for professionals.
Where is this office units located?
The property is located at 2500 W LAKE MARY BOULEVARD #213 Lake Mary, FL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Excellent condition office space, ready for your business.; Close proximity to downtown Lake Mary.; Walking distance to retail stores and restaurants.
