Air-Conditioned Office
31336 COUNTY ROAD 437, Sorrento, FL 32776
For Sale
$1,700,000
Commercial Sale, SORRENTO, FL
Property Size4,974 SF
Lot Size4.60 Acres
Price / SF$341.78
Days on Market358
Property Features for 31336 COUNTY ROAD 437
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
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Building materials
Buildings
Listing Agency:
STIRLING INTERNATIONAL REAL ES
(407) 250-1000
Listed By:
Rosa Rodriguez · License #3340698
(407) 832-1185
Added: Nov 17, 2025
Changed: Nov 2
Last Checked: Nov 9 at 9:06AM
MLS# O6361685
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4974-square-foot office building occupies approximately 4.6 acres in Sorrento. Built in 1989 with metal-frame construction, the property has Central Air and is configured for commercial occupancy. The site is zoned CP, with professional office and commercial-retail uses identified as potential options subject to Lake County approval and Mount Plymouth-Sorrento Community Redevelopment Agency guidelines.
The property is located at 31336 County Road 437 and is near the Beltway, Central Florida Expressway, and Wekiva Parkway. A 3-phase electric service line extends to the front electric breaker box, while the building currently operates with 200-225 amps of interior service. Provisions for a higher-capacity upgrade are available, although the building does not currently have internal 3-phase capability.
The property is located at 31336 County Road 437 and is near the Beltway, Central Florida Expressway, and Wekiva Parkway. A 3-phase electric service line extends to the front electric breaker box, while the building currently operates with 200-225 amps of interior service. Provisions for a higher-capacity upgrade are available, although the building does not currently have internal 3-phase capability.
Key Highlights
- 4974 square feet on approximately 4.6 acres
- CP zoning with potential office and commercial‑retail applications, subject to Lake County approval
- Central Air serving the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,012
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,240
$1.3M
Cap Rate 7%
$957,314
$957.3K
Cap Rate 9%
$744,578
$744.6K
Market Conditions
NOI Build-Up for 4,974 SF
Gross rent
$109.2K $21.96/SF
− Vacancy
−$19.9K −$4.00/SF
EGI
$89.3K $17.96/SF
− OpEx
−$22.3K −$4.49/SF
NOI
$67.0K $13.47/SF
Area
Lake County, FL
Vacancy
18.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,240
Cap Rate 7%
$957,314
Cap Rate 9%
$744,578
Alternative Uses
Best Use
Office B
$957.3K
$837.7K – $1.12M
NOI $67,012 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,273 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 32776, FL
12,456
Population
5,022
Households
2.5
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
251
Density / Sq Mi
$97,217
Median Household Income
$49,486
Median Earnings
$928
Median Rent
$374,000
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Lake County, FL
Properties on Market for Office buildings in Lake County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CP-zoned commercial property with Central Air near the Beltway, Central Florida Expressway, and Wekiva Parkway.
Where is this office building located?
The property is located at 31336 COUNTY ROAD 437 Sorrento, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4974 square feet on approximately 4.6 acres; CP zoning with potential office and commercial‑retail applications, subject to Lake County approval; Central Air serving the building
