Office Unit with Private
For Sale
$299,000
317-7065 Westpointe Blvd, Orlando, FL 32835
Reception area, tall ceilings, sink with running water, and dedicated storage support daily operations.
Property Size684 SF
Price / SF$437.13
Days on Market19
Property Features for 317-7065 Westpointe Blvd
General Information
Standard status
Active
Size
684 SF
Taxes and HOA fees
Annual Taxes
$3,640
Listing Agency:
GO FLORIDA COMMERCIAL LLC
Listed By:
Mike Guidice · License #3070728
(407) 443-3206
Source:
Exprealty
Added: Sep 10
Changed: Sep 21
Last Checked: Sep 26 at 10:41AM
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 GO FLORIDA COMMERCIAL LLC
Investment Insights
Based on property information with market context.
This office condominium in Veranda Office Park provides a practical workspace with a reception area, three private offices, tall ceilings, a built-in sink with running water, and a storage closet. The suite is located in a double-elevator building and is offered for sale.
The property is positioned in MetroWest, Orlando, a mixed-use business district with more than 1 million square feet of office, retail, and medical space and over 10,000 nearby residences. Access to I-4, State Road 408, and the Florida Turnpike connects the office to Central Florida destinations. The setting also places businesses near a broad base of surrounding residential and commercial activity.
The property is positioned in MetroWest, Orlando, a mixed-use business district with more than 1 million square feet of office, retail, and medical space and over 10,000 nearby residences. Access to I-4, State Road 408, and the Florida Turnpike connects the office to Central Florida destinations. The setting also places businesses near a broad base of surrounding residential and commercial activity.
Key Highlights
- Three private offices within the suite
- Reception area for client and visitor arrival
- Tall ceilings create an open interior environment
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
$12,774
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
4.27%
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%
$255,480
$255.5K
Cap Rate 7%
$182,486
$182.5K
Cap Rate 9%
$141,933
$141.9K
Market Conditions
NOI Build-Up for 684 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
$20.5K $30.00/SF
− Vacancy
−$3.5K −$5.10/SF
EGI
$17.0K $24.90/SF
− OpEx
−$4.3K −$6.23/SF
NOI
$12.8K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /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%
$255,480
Cap Rate 7%
$182,486
Cap Rate 9%
$141,933
Alternative Uses
Best Use
Office B
$182.5K
$159.7K – $212.9K
NOI $12,774 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.3K
$192.8K – $257.1K
NOI $15,424 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 32835, FL
45,380
Population
19,377
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$70,183
Median Household Income
$38,953
Median Earnings
$1,764
Median Rent
$333,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Reception area, tall ceilings, sink with running water, and dedicated storage support daily operations.
Where is this office units located?
The property is located at 317-7065 Westpointe Blvd Orlando, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three private offices within the suite; Reception area for client and visitor arrival; Tall ceilings create an open interior environment
