Two-Unit Flex Industrial
For Sale
$749,900
3239 OLD WINTER GARDEN RD #9A & 9B, Orlando, FL 32805
Adjoining office and warehouse units provide a combined commercial configuration with central air conditioning in the office space.
Property Size2,607 SF
Days on Market69
Property Features for 3239 OLD WINTER GARDEN RD #9A & 9B
General Information
Standard status
Active
Size
2,607 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$3,433
Building Details
Building Size
2,607 SF
Year Built
2006
Construction
block
Listing Agency:
LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
Listed By:
Smith Salomon · License #3104595
(407) 724-9127
Source:
Novaorlando
Added: Aug 7
Changed: Oct 11
Last Checked: Oct 12 at 11:56PM
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 LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
Investment Insights
Based on property information with market context.
This offering combines two commercial condominium units: a finished office suite and an adjoining warehouse. The office includes central A/C, while the warehouse provides industrial utility within the same ownership package. Both units were constructed in 2006 with block construction, creating a flexible setup for an owner-user or investor seeking office and storage components together.
The property is positioned near major Orlando routes, including 408, I-4, and Colonial Dr. The warehouse may also be converted into office space, subject to applicable approvals, offering an additional configuration option for the premises.
The property is positioned near major Orlando routes, including 408, I-4, and Colonial Dr. The warehouse may also be converted into office space, subject to applicable approvals, offering an additional configuration option for the premises.
Key Highlights
- Two commercial condominium units sold together
- Finished office space adjoining a warehouse unit
- Central A/C in the office unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,686
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,720
$973.7K
Cap Rate 7%
$695,514
$695.5K
Cap Rate 9%
$540,956
$541.0K
Market Conditions
NOI Build-Up for 2,607 SF
Gross rent
$78.2K $30.00/SF
− Vacancy
−$13.3K −$5.10/SF
EGI
$64.9K $24.90/SF
− OpEx
−$16.2K −$6.23/SF
NOI
$48.7K $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 Rate 5%
$973,720
Cap Rate 7%
$695,514
Cap Rate 9%
$540,956
Alternative Uses
Best Use
Office B
$695.5K
$608.6K – $811.4K
NOI $48,686 @ 7.0% cap · market cap 6.49%
Second Best
Warehouse
$252.6K
$221.1K – $294.7K
NOI $17,684 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$839.8K
$734.8K – $979.8K
NOI $58,786 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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?
Flex space - Adjoining office and warehouse units provide a combined commercial configuration with central air conditioning in the office space.
Where is this flex space located?
The property is located at 3239 OLD WINTER GARDEN RD #9A & 9B Orlando, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two commercial condominium units sold together; Finished office space adjoining a warehouse unit; Central A/C in the office unit
