Colonial-Style Office
326 N Mills Avenue Orlando, FL 32803
326 N Mills Avenue, Orlando, FL, 32803
$2,750,000
For Sale
$2,750,000
Colonial-style office building with 2 reception areas and 7 private offices; 80 feet of frontage to N Mills Ave.
Property Size6,836 SF
Price / SF$402.28
Days on Market42
Property Features for 326 N Mills Avenue
General Information
- Standard status
- Active
- Size
- 6,836 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1993
Listing Agency
FLORIDA REALTY INVESTMENTS
Listed by
Alain Hart · License #SL3017893
Source
Realtygroupfl
Added: Jun 8 Checked: Jul 18 at 4:41 am
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 FLORIDA REALTY INVESTMENTS
Investment Insights
Based on property information with market context.
326 N Mills Avenue is a colonial-style red brick office building with dormer windows and dormer detailing, designed for a professional medical and business setting. The interior includes 2 reception areas, 7 private offices, multiple open workstations, skylights, a full-service kitchen, a stylish business conference room, an electrical and computer monitor room, and 2 file rooms. The space is served by 4 restrooms. A new roof is scheduled for March 2026.
The property fronts North Mills Avenue with 80 feet of frontage and is adjacent to the Advent Health Pulmonary Medical facility, supporting a strong everyday fit for office users.
For buyers interested in income, the property is also described as available as a triple net (NNN) lease at $16,000 per month for a five-year term, with a minimum of three years.
The property fronts North Mills Avenue with 80 feet of frontage and is adjacent to the Advent Health Pulmonary Medical facility, supporting a strong everyday fit for office users.
For buyers interested in income, the property is also described as available as a triple net (NNN) lease at $16,000 per month for a five-year term, with a minimum of three years.
Key Highlights
- 1993‑built colonial‑style office building with 80 ft of frontage on N Mills Avenue
- 8,624 SF office space with 2 reception areas and multiple open workstations
- Includes 7 private offices plus a business conference room, electrical/computer monitor room, and 2 file rooms
Local 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 | $205.1k | $30.00 |
| − Vacancy | −$34.9k | −$5.10 |
| EGI | $170.2k | $24.90 |
| − OpEx | −$42.6k | −$6.23 |
| NOI | $127.7k | $18.67 |
6,836 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.60M – $2.13M
NOI $127,662 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,148 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Choosak D. Burr, ...
Physician
Dr. Yitzhak Haim
Physician
Malik Neveen A DO
Physician
Guerrero Jorge E ...
Physician
Dr. Syed I. ...
Physician
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FAQs
What type of property is this?
Office building - Colonial-style office building with 2 reception areas and 7 private offices; 80 feet of frontage to N Mills Ave.
Where is this office building located?
The property is located at 326 N Mills Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 1993‑built colonial‑style office building with 80 ft of frontage on N Mills Avenue; 8,624 SF office space with 2 reception areas and multiple open workstations; Includes 7 private offices plus a business conference room, electrical/computer monitor room, and 2 file rooms
