Two-Suite Office
New
For Sale
$1,350,000
436 N WYMORE RD, Winter Park, FL 32789
Flexible office property with separate entrances, private support areas, conference rooms, and on-site parking.
Property Size3,021 SF
Price / SF$446.87
Days on Market5
Property Features for 436 N WYMORE RD
General Information
Standard status
Active
Size
3,021 SF
Total Parking Spaces
10
Property subtype
Business
Occupancy
100%
Additional Details
Gross Income
$116,143
Road Access
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$17,958
Amenities
high ceilings
attractive flooring
conference rooms
high-end lighting fixtures
window treatments
monument signage
built-in workspaces
Building Details
Building Size
3,021 SF
Year Built
1951
Buildings
1
Stories
1
Owner Occupied
Yes
Listing Agency:
HOMEVEST REALTY
Listed By:
Susan Dering · License #3161330
(407) 497-5231
Source:
Novaorlando
Added: Sep 9
Changed: Sep 11
Last Checked: Sep 12 at 9:32AM
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 HOMEVEST REALTY
Investment Insights
Based on property information with market context.
This one-story office property at 436 N Wymore Road in Winter Park contains approximately 3,021 square feet arranged across two suites. The suites measure approximately 1,736 and 1,285 square feet, with separate entrances and an interior connecting door. Each includes a reception area, kitchen, and bathroom, while the building provides six private offices, two conference rooms, built-in work areas, high ceilings, finished flooring, window treatments, and upgraded lighting fixtures.
The property includes 10 parking spaces, including one handicapped-accessible space, along with public street parking. Monument signage is visible from eastbound I-4 traffic, and the site is positioned on Wymore Road in the 32789 ZIP code. The configuration supports separate suite use or combined occupancy, subject to applicable requirements.
The property includes 10 parking spaces, including one handicapped-accessible space, along with public street parking. Monument signage is visible from eastbound I-4 traffic, and the site is positioned on Wymore Road in the 32789 ZIP code. The configuration supports separate suite use or combined occupancy, subject to applicable requirements.
Key Highlights
- Approximately 3,021 square feet across two office suites
- Two suites measuring approximately 1,736 and 1,285 square feet
- 10 parking spaces, including one handicapped‑accessible space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,134
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,680
$902.7K
Cap Rate 7%
$644,771
$644.8K
Cap Rate 9%
$501,489
$501.5K
Market Conditions
NOI Build-Up for 3,021 SF
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.
Gross rent
$72.5K $24.00/SF
− Vacancy
−$12.3K −$4.08/SF
EGI
$60.2K $19.92/SF
− OpEx
−$15.0K −$4.98/SF
NOI
$45.1K $14.94/SF
Area
Orange County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,680
Cap Rate 7%
$644,771
Cap Rate 9%
$501,489
Alternative Uses
Best Use
Office B
$644.8K
$564.2K – $752.2K
NOI $45,134 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$859.7K
$752.2K – $1.00M
NOI $60,178 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 32789, FL
26,399
Population
12,945
Households
2
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
3,384
Density / Sq Mi
$100,213
Median Household Income
$65,652
Median Earnings
$1,667
Median Rent
$695,000
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 South region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with separate entrances, private support areas, conference rooms, and on-site parking.
Where is this office building located?
The property is located at 436 N WYMORE RD Winter Park, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 3,021 square feet across two office suites; Two suites measuring approximately 1,736 and 1,285 square feet; 10 parking spaces, including one handicapped‑accessible space
