St. Cloud Commercial Investment
3002 17th St Saint Cloud, FL 34769
For Sale
Contact for pricing
Income-producing commercial property in rapidly expanding St. Cloud, Florida.
Property Size1,752 SF
Price / SF$276.83
Days on Market80
Property Features for 3002 17th St
General Information
Standard status
Active
Size
1,752 SF
Property subtype
Office
Building Details
Year Built
2007
Listing Agency:
Iron Valley Real Estate Osceola
Listed By:
Tiffany Licata
Source:
Crexi
Added: May 11
Changed: Jul 10
Last Checked: Jul 29 at 8:00AM
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, an area experiencing rapid expansion. The property features a tenant with a lease secured through February 2028, providing immediate cash flow. The property is positioned 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 1752 square feet.
Key Highlights
- Long‑standing tenant with lease secured through February 2028, providing immediate and stable cash flow.
- Located in rapidly expanding St. Cloud, Central Florida, one of the fastest‑growing markets.
- Proximity to Orlando Health St. Cloud Hospital, St. Cloud Civic Center, baseball fields, and aquatic facilities.
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 | $42.0k | $24.00 |
| − Vacancy | −$7.1k | −$4.08 |
| EGI | $34.9k | $19.92 |
| − OpEx | −$8.7k | −$4.98 |
| NOI | $26.2k | $14.94 |
1,752 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$373.9K
$327.2K – $436.3K
NOI $26,175 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$541.7K
$474.0K – $632.0K
NOI $37,922 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Income-producing commercial property in rapidly expanding St. Cloud, Florida.
Where is this office units located?
The property is located at 3002 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 February 2028, providing immediate and stable cash flow.; Located in rapidly expanding St. Cloud, Central Florida, one of the fastest‑growing markets.; Proximity to Orlando Health St. Cloud Hospital, St. Cloud Civic Center, baseball fields, and aquatic facilities.
