Ground-Floor Office
New
For Sale
Contact for pricing
2572 W STATE ROAD 426 #1072, Oviedo, FL 32765
Windowed, open-plan workspace sits near the building lobby and has direct access from the main corridor.
Property Size70,044 SF
Price / SF$19.50
Days on Market4
Property Features for 2572 W STATE ROAD 426 #1072
General Information
Standard status
Active
Size
70,044 SF
Elevators
Yes
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
1
Amenities
0.01 acres, Landscaped, Sidewalk, Suburb, Mature Landscaping, Oak Trees
Membrane
Public Sewer
Additional parcels description:, Parcel Number: 29-21-31-510-0000-1072, Public Survey Range: 31, Public Survey Section: 29, Annual Amount: $2,699.88, Tax Block: N/A, Tax Book Number: N/A, Legal Description: UNIT 1072 MAGNOLIA CORPORATE CENTER A CONDOMINIUM FIRST AMENDMENT ORB 7112 PG 1080, Year: 2025, Zoning: PCD
Carpet
Central Air
Central, Electric
Listing ID: MFRO6449853, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-14
Common, Ground Level, Over 30 Spaces
Blinds
Built in 2008, Living area: 1189, Living area units: Square Feet, Building faces Undetermined, 3 stories, Levels: One, Construction Materials: Block, Stucco
Subdivision: MAGNOLIA CORPORATE CENTER A CONDO FIRST AMD, MLS Area (Major): 32765 - Oviedo, County/Parish: Seminole
Completed, Leasable area: 1189
Curbs, Sidewalks
BB/HS Internet Capable, Electricity Available, Public, Water Source: Public
Slab
Common Area Maintenance, Grounds Care, Management, Property Insurance, Taxes
Electricity, Internet, Telephone
Frontage Type: Divided Highway, State Road, Road Responsibility: Public Maintained Road, Road Surface: Paved
Fire Sprinkler System
Accessible Elevator Installed, Accessible Entrance
Building Details
Year Built
2008
Buildings
1
Stories
3
Building Size
70,044 SF
Tenancy
Multi
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Brad Kuskin · License #3333122
(561) 232-7899
Source:
Miharaandassociates
Added: Oct 14
Changed: Oct 17
Last Checked: Oct 16 at 2:14PM
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 COMPASS FLORIDA LLC
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Investment Insights
Based on property information with market context.
Suite 1072 contains 1,189 square feet of open-plan office or medical office space on the first floor. Windows span two walls, and the suite connects directly to the main ground-floor corridor near the lobby. The three-story building was constructed in 2008 and contains 70,044 square feet. An elevator serves the building, and a covered drive-through portico is located near the lobby.
Magnolia Corporate Center is on State Road 426 in Oviedo, with access to SR 417 and SR 434. Healthcare tenants anchor the property, which has on-site maintenance and 240 surface parking spaces. Other built-out suites ranging from 1,163 to 2,580 square feet are also available in the building.
Magnolia Corporate Center is on State Road 426 in Oviedo, with access to SR 417 and SR 434. Healthcare tenants anchor the property, which has on-site maintenance and 240 surface parking spaces. Other built-out suites ranging from 1,163 to 2,580 square feet are also available in the building.
Key Highlights
- 1,189 SF first‑floor suite with direct access from the main corridor
- Windows on two walls and an open‑plan layout
- Three‑story, 70,044 SF professional office building constructed in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,000
$339.0K
Cap Rate 7%
$242,143
$242.1K
Cap Rate 9%
$188,333
$188.3K
Market Conditions
NOI Build-Up for 1,189 SF
Gross rent
$31.4K $26.40/SF
− Vacancy
−$3.1K −$2.64/SF
EGI
$28.3K $23.76/SF
− OpEx
−$11.3K −$9.50/SF
NOI
$17.0K $14.26/SF
Area
Seminole County, FL
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,000
Cap Rate 7%
$242,143
Cap Rate 9%
$188,333
Alternative Uses
Best Use
Office B
$253.8K
$222.1K – $296.1K
NOI $17,764 @ 7.0% cap · market cap 76.62%
Second Best
Healthcare Medical
$242.1K
$211.9K – $282.5K
NOI $16,950 @ 7.0% cap · market cap 73.11%
Theoretical Best
Office A
$338.4K
$296.1K – $394.8K
NOI $23,685 @ 7.0% cap · market cap 102.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 32765, FL
65,228
Population
23,389
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
39.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$99,161
Median Household Income
$48,595
Median Earnings
$1,870
Median Rent
$418,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Windowed, open-plan workspace sits near the building lobby and has direct access from the main corridor.
Where is this office units located?
The property is located at 2572 W STATE ROAD 426 #1072 Oviedo, FL.
What are key features of this property?
This property features: 1,189 SF first‑floor suite with direct access from the main corridor; Windows on two walls and an open‑plan layout; Three‑story, 70,044 SF professional office building constructed in 2008
