Freestanding Office/Retail
For Sale
Contact for pricing
300 West Franklin Street, Ocoee, FL 34761
Freestanding building with in-place commercial kitchen and flexible office or retail use on over an acre site.
Property Size8,618 SF
Lot Size1.48 Acres
Price / SF$231.49
Days on Market98
Property Features for 300 West Franklin Street
General Information
Standard status
Active
Size
8,618 SF
Class
B
Lot size
1.48 Acres
Property subtype
Land, Office, Retail
Zoning
C-1 & C-3
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1946
Buildings
1
Listing Agency:
Avison Young - Orlando
Listed By:
Sean DuPree · License #FL BK692699
(407) 440-6662
Source:
Crexi
Added: Jun 15
Changed: Sep 5
Last Checked: Sep 20 at 7:28AM
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 Avison Young - Orlando
Investment Insights
Based on property information with market context.
Owner-user opportunity featuring a single freestanding office/retail building totaling 8,618± square feet on a 1.48-acre site. The property includes a commercial kitchen in place, supporting a broad range of food and service-oriented concepts alongside traditional office or retail use. The building configuration is suited for an operator who wants on-site control while maintaining flexibility in day-to-day operations.
Located in Ocoee at 300 West Franklin Street, the property is positioned for convenient access to major thoroughfares including SR 429, Florida Turnpike, Franklin St (Plant St), W Colonial Drive, and S.R. 408. It sits across the street from a proposed roundabout that is part of the City’s plan to improve and beautify the entrance coming into Ocoee off SR 429.
This is a practical fit for buyers seeking a standalone facility that can accommodate both office and retail functions, with a commercial kitchen already available for qualifying uses. Its direct access to multiple regional roads may also help simplify customer and employee commuting for an owner-operator or small business looking to control their space.
Located in Ocoee at 300 West Franklin Street, the property is positioned for convenient access to major thoroughfares including SR 429, Florida Turnpike, Franklin St (Plant St), W Colonial Drive, and S.R. 408. It sits across the street from a proposed roundabout that is part of the City’s plan to improve and beautify the entrance coming into Ocoee off SR 429.
This is a practical fit for buyers seeking a standalone facility that can accommodate both office and retail functions, with a commercial kitchen already available for qualifying uses. Its direct access to multiple regional roads may also help simplify customer and employee commuting for an owner-operator or small business looking to control their space.
Key Highlights
- Free‑standing office/retail building totaling 8,618± SF
- 1.48‑acre site in Ocoee with flexible office or retail use
- In‑place commercial kitchen included for a wide variety of uses
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
$128,753
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
6.45%
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%
$2,575,060
$2.6M
Cap Rate 7%
$1,839,329
$1.8M
Cap Rate 9%
$1,430,589
$1.4M
Market Conditions
NOI Build-Up for 8,618 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
$206.8K $24.00/SF
− Vacancy
−$35.2K −$4.08/SF
EGI
$171.7K $19.92/SF
− OpEx
−$42.9K −$4.98/SF
NOI
$128.8K $14.94/SF
Area
Orange County, FL
Vacancy
17.00%
Lease Rate
$24.00 /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%
$2,575,060
Cap Rate 7%
$1,839,329
Cap Rate 9%
$1,430,589
Alternative Uses
Best Use
Office B
$1.84M
$1.61M – $2.15M
NOI $128,753 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,671 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 34761, FL
48,193
Population
14,794
Households
3.3
Avg Household Size
37
Median Age
30%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$90,406
Median Household Income
$42,694
Median Earnings
$1,806
Median Rent
$363,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 building - Freestanding building with in-place commercial kitchen and flexible office or retail use on over an acre site.
Where is this office building located?
The property is located at 300 West Franklin Street Ocoee, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Free‑standing office/retail building totaling 8,618± SF; 1.48‑acre site in Ocoee with flexible office or retail use; In‑place commercial kitchen included for a wide variety of uses
