Open-Floor-Plan Office
For Sale
$495,000
345-13550 Village Park Dr, Orlando, FL 32803
Third-floor suite with natural light, shared restrooms, and access to ample parking in a commercial plaza.
Property Size766 SF
Price / SF$646.21
Days on Market106
Property Features for 345-13550 Village Park Dr
General Information
Standard status
Active
Size
766 SF
Additional Details
Floor
3
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,267
Listing Agency:
ALAMO HOMES GROUP
(407) 447-7724
Listed By:
Maria Arato · License #3387610
(407) 690-3465
Source:
Exprealty
Added: Jul 8
Changed: Oct 5
Last Checked: Oct 21 at 12:18AM
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 ALAMO HOMES GROUP
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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 766-square-foot office unit occupies the third floor of a building completed 4 years ago. Its open arrangement receives natural light through three large windows, while a smaller rear area can be configured as a private office, meeting room, or storage space. Shared restrooms are provided on each floor, and the building includes well-maintained common areas.
The suite is located within a commercial plaza in the Hunter’s Creek area of Orlando, surrounded by a residential base and near restaurants, shops, and services. Major highways are also minutes away, adding regional accessibility for occupants and visitors. Ample parking is available within the plaza.
The suite is located within a commercial plaza in the Hunter’s Creek area of Orlando, surrounded by a residential base and near restaurants, shops, and services. Major highways are also minutes away, adding regional accessibility for occupants and visitors. Ample parking is available within the plaza.
Key Highlights
- 766‑square‑foot third‑floor office unit
- Open layout with three large windows
- Rear area suitable for private office, meeting room, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,305
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,100
$286.1K
Cap Rate 7%
$204,357
$204.4K
Cap Rate 9%
$158,944
$158.9K
Market Conditions
NOI Build-Up for 766 SF
Gross rent
$23.0K $30.00/SF
− Vacancy
−$3.9K −$5.10/SF
EGI
$19.1K $24.90/SF
− OpEx
−$4.8K −$6.23/SF
NOI
$14.3K $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%
$286,100
Cap Rate 7%
$204,357
Cap Rate 9%
$158,944
Alternative Uses
Best Use
Office B
$204.4K
$178.8K – $238.4K
NOI $14,305 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.8K
$215.9K – $287.9K
NOI $17,273 @ 7.0% cap · market cap 3.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor suite with natural light, shared restrooms, and access to ample parking in a commercial plaza.
Where is this office unit located?
The property is located at 345-13550 Village Park Dr Orlando, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 766‑square‑foot third‑floor office unit; Open layout with three large windows; Rear area suitable for private office, meeting room, or storage
