Flex Space with Fenced
For Sale
$999,000
3960 SILVER STAR Road, Orlando, FL 32808
Commercial Sale, ORLANDO, FL
Property Size2,369 SF
Lot Size0.65 Acres
Price / SF$421.70
Days on Market254
Property Features for 3960 SILVER STAR Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RSTD C-3
Subdivision
WILLIS R MUNGERS LAND SUB
Directions
Located directly off Silver Star Road and Mercy Drive in Orlando, FL
Standard status
Active
APN
17-22-29-5844-00-363
Size
2,369 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WILLIS R MUNGERS LAND SUB E/3 BEG AT INTERSECTION OF S R/W SILVER STAR RD & W LINE OF LOT 36 RUN E 180 FT S 145 FT W 180FT N 145 FT TO POB (LESS W 30 FT FOR R/W) AND FROM INT OF S R/W LINE OF SILVERSTAR RD & W LINE OF LOT 36 RUN E 180 FTFOR POB TH RU N S 141.53 FT E 50 FT N 141.53 FT W 50 FT TO POB
Tax Annual Amount
9163
Legal Description
WILLIS R MUNGERS LAND SUB E/3 BEG AT INTERSECTION OF S R/W SILVER STAR RD & W LINE OF LOT 36 RUN E 180 FT S 145 FT W 180FT N 145 FT TO POB (LESS W 30 FT FOR R/W) AND FROM INT OF S R/W LINE OF SILVERSTAR RD & W LINE OF LOT 36 RUN E 180 FTFOR POB TH RU N S 141.53 FT E 50 FT N 141.53 FT W 50 FT TO POB
Utilities
Cooling system
Central Air
Building Details
Year built
1964
Floors in Building
2
Building materials
Block
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
Listed By:
Mark Allen
(407) 737-9797
Added: Feb 2
Changed: Sep 9
Last Checked: Oct 14 at 8:06AM
MLS# O6378917
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property combines an 800-square-foot office with a 1,243-square-foot warehouse on a 0.67-acre parcel. The site is fully fenced, the building was constructed in 1964 with block materials, and central air conditioning serves the improvements. Total property size is 2,369 square feet.
Located on Silver Star Road in Orlando, the property carries ORG-RSTD C-3 zoning. Outdoor storage areas must be identified on a site plan and screened from public rights-of-way, while new billboards and pole signs are prohibited. Site-plan compliance with Orange County Code requirements, including landscaping and paved surfaces, is required before accommodating any C-2 uses.
Located on Silver Star Road in Orlando, the property carries ORG-RSTD C-3 zoning. Outdoor storage areas must be identified on a site plan and screened from public rights-of-way, while new billboards and pole signs are prohibited. Site-plan compliance with Orange County Code requirements, including landscaping and paved surfaces, is required before accommodating any C-2 uses.
Key Highlights
- 800‑square‑foot office area
- 1,243‑square‑foot warehouse
- Fully fenced 0.67‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,241
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,820
$884.8K
Cap Rate 7%
$632,014
$632.0K
Cap Rate 9%
$491,567
$491.6K
Market Conditions
NOI Build-Up for 2,369 SF
Gross rent
$71.1K $30.00/SF
− Vacancy
−$12.1K −$5.10/SF
EGI
$59.0K $24.90/SF
− OpEx
−$14.7K −$6.23/SF
NOI
$44.2K $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%
$884,820
Cap Rate 7%
$632,014
Cap Rate 9%
$491,567
Alternative Uses
Best Use
Office B
$632.0K
$553.0K – $737.4K
NOI $44,241 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$229.6K
$200.9K – $267.8K
NOI $16,070 @ 7.0% cap · market cap 1.61%
Theoretical Best
Office A
$763.1K
$667.8K – $890.3K
NOI $53,420 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32808, FL
52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse improvements occupy a secured commercial site with C-3 zoning and central air conditioning.
Where is this flex space located?
The property is located at 3960 SILVER STAR Road Orlando, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 800‑square‑foot office area; 1,243‑square‑foot warehouse; Fully fenced 0.67‑acre lot
