Winter Park Office/School
For Sale
Contact for pricing
445 Wymore Road, Winter Park, FL 32789
Two-story office building in Winter Park, suitable for various uses.
Property Size12,264 SF
Price / SF$358.77
Days on Market160
Property Features for 445 Wymore Road
General Information
Standard status
Active
Size
12,264 SF
Class
B
Property subtype
Office
Zoning
WP O-1
Building Details
Units
55
Listing Agency:
CITY Commercial LLC
Listed By:
Lee Zerivitz, SIOR, CCIM · License #FL 3167129
Source:
Crexi
Added: May 10
Changed: Oct 11
Last Checked: Oct 14 at 11:24PM
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 CITY Commercial LLC
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Investment Insights
Based on property information with market context.
Available for sale is a two-story office building, previously used as a school, with a total area of 12,264 square feet. The building is elevator-served and features first and second-floor lobbies, along with multiple access points. Each floor includes two restrooms and is separately metered. The property is fully sprinklered and equipped with new LED lighting throughout. There are 55 on-site parking spaces, providing a ratio of 4.5 spaces per 1,000 square feet. The location offers direct frontage on Interstate 4, with approximately 435 feet of frontage and a traffic volume of around 170,000 vehicles per day. Signage opportunities are available for both directions of I-4. The property is situated between the Fairbanks and Lee Road exits, minutes from Downtown Winter Park and Downtown Orlando. Flexible configurations are possible, accommodating a single user for the entire building or tenants on a full-floor basis, with approximately 6,132 square feet per floor. It is perfect for professional office use.
Key Highlights
- Prime location minutes from Downtown Winter Park and Downtown Orlando with direct Interstate 4 frontage (435’) and high visibility (approx. 170,000 VPD).
- Large, flexible space suitable for single user or multiple tenants (12,264 SF total, approx. 6,132 SF per floor).
- 55 on‑site parking spaces (4.5/1000).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,224
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,664,480
$3.7M
Cap Rate 7%
$2,617,486
$2.6M
Cap Rate 9%
$2,035,822
$2.0M
Market Conditions
NOI Build-Up for 12,264 SF
Gross rent
$294.3K $24.00/SF
− Vacancy
−$50.0K −$4.08/SF
EGI
$244.3K $19.92/SF
− OpEx
−$61.1K −$4.98/SF
NOI
$183.2K $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 Rate 5%
$3,664,480
Cap Rate 7%
$2,617,486
Cap Rate 9%
$2,035,822
Alternative Uses
Best Use
Office B
$2.62M
$2.29M – $3.05M
NOI $183,224 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $244,299 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in Winter Park, suitable for various uses.
Where is this office building located?
The property is located at 445 Wymore Road Winter Park, FL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Prime location minutes from Downtown Winter Park and Downtown Orlando with direct Interstate 4 frontage (435’) and high visibility (approx. 170,000 VPD).; Large, flexible space suitable for single user or multiple tenants (12,264 SF total, approx. 6,132 SF per floor).; 55 on‑site parking spaces (4.5/1000).
