Office-Warehouse Flex
For Sale
$749,900
3239 OLD WINTER GARDEN ROAD 9A & 9B, Orlando, FL 32805
Two adjoining commercial condominium units combine finished office space with warehouse capacity.
Property Size2,607 SF
Price / SF$287.65
Days on Market91
Property Features for 3239 OLD WINTER GARDEN ROAD 9A & 9B
General Information
Standard status
Active
Size
2,607 SF
Property subtype
Office
Site & Location
Neighborhood
West Colonial
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Office Units
1
Building Details
Year Built
2006
Construction
block
Listing Agency:
LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
(407) 207-2220
Listed By:
Smith Salomon · License #3104595
(407) 724-9127
Source:
Endlesssummerrealty
Added: Aug 7
Changed: Nov 5
Last Checked: Nov 4 at 3:44PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes two adjoining commercial condominium units configured for office and warehouse use. The office component is finished and equipped with central A/C, while the connected warehouse provides additional commercial space and may be converted into offices. Both units were constructed in 2006 using block construction.
The property is located at 3239 OLD WINTER GARDEN Rd 9A & 9B in Orlando, with access to 408, I-4, and Colonial Dr. Recorded transportation characteristics include a BikeScore of 58, a WalkScore of 24, and a TransitScore of 49. The combination of office improvements and warehouse area supports flexible occupancy within a single condominium offering.
The property is located at 3239 OLD WINTER GARDEN Rd 9A & 9B in Orlando, with access to 408, I-4, and Colonial Dr. Recorded transportation characteristics include a BikeScore of 58, a WalkScore of 24, and a TransitScore of 49. The combination of office improvements and warehouse area supports flexible occupancy within a single condominium offering.
Key Highlights
- Two commercial unit condominiums offered together
- Finished office space with central A/C
- Adjoining warehouse unit with office‑conversion potential
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
1,049
Businesses Nearby
Balanced
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
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Frequently Asked Questions
What type of property is this?
Flex space - Two adjoining commercial condominium units combine finished office space with warehouse capacity.
Where is this flex space located?
The property is located at 3239 OLD WINTER GARDEN ROAD 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 unit condominiums offered together; Finished office space with central A/C; Adjoining warehouse unit with office‑conversion potential
