St. Cloud Commercial Investment
For Sale
Contact for pricing
3000 17th St, Saint Cloud, FL 34769
Income-producing commercial property in a rapidly expanding St. Cloud location.
Property Size1,727 SF
Price / SF$280.83
Days on Market105
Property Features for 3000 17th St
General Information
Standard status
Active
Size
1,727 SF
Property subtype
Office
Zoning
SP
Investment Type
Stabilized
Building Details
Year Built
2007
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Iron Valley Real Estate Osceola
(407) 698-4663
Listed By:
Tiffany Licata · License #3293026
Source:
Crexi
Added: May 11
Changed: Aug 23
Last Checked: Aug 22 at 7:55AM
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 Iron Valley Real Estate Osceola
Investment Insights
Based on property information with market context.
This commercial property is located in St. Cloud, Florida, and offers an investment opportunity with a long-standing tenant. The existing lease extends through January 2028, providing stable income. The property is situated in a rapidly expanding area, near Orlando Health St. Cloud Hospital, the St. Cloud Civic Center, renovated baseball fields, and updated aquatic facilities. The surrounding area is experiencing ongoing development and population growth. The property contains 1727 square feet.
Key Highlights
- Long‑standing tenant with lease secured through January 2028 provides immediate and stable cash flow.
- Located in rapidly expanding St. Cloud, a high‑growth Central Florida market.
- Positioned near Orlando Health St. Cloud Hospital, St. Cloud Civic Center, baseball fields, and aquatic facilities.
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
$25,801
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
5.32%
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%
$516,020
$516.0K
Cap Rate 7%
$368,586
$368.6K
Cap Rate 9%
$286,678
$286.7K
Market Conditions
NOI Build-Up for 1,727 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
$41.4K $24.00/SF
− Vacancy
−$7.0K −$4.08/SF
EGI
$34.4K $19.92/SF
− OpEx
−$8.6K −$4.98/SF
NOI
$25.8K $14.94/SF
Area
Osceola 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%
$516,020
Cap Rate 7%
$368,586
Cap Rate 9%
$286,678
Alternative Uses
Best Use
Office B
$368.6K
$322.5K – $430.0K
NOI $25,801 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$534.0K
$467.3K – $623.0K
NOI $37,381 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
Demographics for 34769, FL
27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Income-producing commercial property in a rapidly expanding St. Cloud location.
Where is this office units located?
The property is located at 3000 17th St Saint Cloud, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Long‑standing tenant with lease secured through January 2028 provides immediate and stable cash flow.; Located in rapidly expanding St. Cloud, a high‑growth Central Florida market.; Positioned near Orlando Health St. Cloud Hospital, St. Cloud Civic Center, baseball fields, and aquatic facilities.
