Renovated Office Building with
322 N Disston Avenue Tavares, FL 32778
For Sale
$450,000
Renovated office building with three private offices and a large meeting area with kitchen and built-in bar.
Property Size1,627 SF
Price / SF$276.58
Days on Market37
Property Features for 322 N Disston Avenue
General Information
- Standard status
- Active
- Size
- 1,627 SF
- Property subtype
- Office
Building Details
- Year Built
- 2020
Listing Agency:
EXPERT REAL ESTATE ADVISORS
(352) 577-5201
Listed By:
Eddy Workinger, Jr. · License #3143841
Source:
Xome
Added: Jun 18
Changed: Jul 23
Last Checked: Jul 23 at 10:03AM
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 EXPERT REAL ESTATE ADVISORS
Investment Insights
Based on property information with market context.
This beautifully renovated office building is configured with three private offices and one large bathroom. The property also offers a huge common space for meetings, including a kitchen area and a built-in bar, providing flexible gathering space for day-to-day operations and client meetings.
The building is located near downtown Tavares and falls under Commercial/Office zoning. Parking is available with six standard spaces plus one accessible parking space.
Overall, the layout supports a professional office use with both private workspace and a larger shared area designed for group discussions and events.
The building is located near downtown Tavares and falls under Commercial/Office zoning. Parking is available with six standard spaces plus one accessible parking space.
Overall, the layout supports a professional office use with both private workspace and a larger shared area designed for group discussions and events.
Key Highlights
- Renovated office building built in 2020 with central air
- Layout includes 3 private offices and 1 large bathroom
- Huge common meeting space with kitchen and built‑in bar
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 | $39.0k | $24.00 |
| − Vacancy | −$6.6k | −$4.08 |
| EGI | $32.4k | $19.92 |
| − OpEx | −$8.1k | −$4.98 |
| NOI | $24.3k | $14.94 |
1,627 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$347.2K
$303.8K – $405.1K
NOI $24,307 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$463.0K
$405.1K – $540.2K
NOI $32,410 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Renovated office building with three private offices and a large meeting area with kitchen and built-in bar.
Where is this office building located?
The property is located at 322 N Disston Avenue Tavares, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Renovated office building built in 2020 with central air; Layout includes 3 private offices and 1 large bathroom; Huge common meeting space with kitchen and built‑in bar