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Medical Office Condominium
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530 Ocoee Commerce Pkwy, Ocoee, FL 34761

Located on Ocoee Commerce Parkway with close access to W Colonial Drive, which carries 40,000 to 47,000 vehicles daily.

Property Size5,168 SF
Price / SF$425.70
Days on Market197

Property Features for 530 Ocoee Commerce Pkwy

General Information

Standard status Active
Size 5,168 SF
Class B
Property subtype Office
Zoning OCO-C-2

Site & Location

Traffic Count 47,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2006
Buildings 1
Stories 1
Units 1
Listing Agency: Foundry Commercial
Listed By: Chris DeMartino · License #SL3638006
Source: Crexi
Added: Apr 10 Changed: Oct 7 Last Checked: Oct 23 at 3:32AM

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 Foundry Commercial

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Investment Insights

Based on property information with market context.

This medical office condominium totals approximately 5,168 square feet and is offered for sale. It is situated within a corridor that features multiple medical office condominiums, with recent transaction activity indicating steady investor demand for well-located medical product in the submarket.

W Colonial Drive (SR-50) carries 40,000 to 47,000 vehicles per day within steps of the property, and AdventHealth’s expanded presence is set to continue with a new AdventHealth Ocoee ER opening on W Colonial Drive in spring 2026. The area also benefits from convenient access to the Western Beltway (SR-429) and the Florida Turnpike.

Demographic data for the 3-mile trade area shows projected population growth of 8% from 2025 to 2030, with household formation expected to increase 9% over the same period. Citywide median household income is approximately $99,000.

Key Highlights

  • Year built 2006
  • Located on Ocoee Commerce Parkway with close access to W Colonial Drive (SR‑50), which carries 40,000 to 47,000 vehicles per day
  • AdventHealth Ocoee ER opening on W Colonial Drive in spring 2026, alongside the existing AdventHealth Apopka hospital campus

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,210
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,200 $1.5M
Cap Rate 7%
$1,103,000 $1.1M
Cap Rate 9%
$857,889 $857.9K
Market Conditions
NOI Build-Up for 5,168 SF
Gross rent
$124.0K $24.00/SF
− Vacancy
−$21.1K −$4.08/SF
EGI
$102.9K $19.92/SF
− OpEx
−$25.7K −$4.98/SF
NOI
$77.2K $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%
$1,544,200
Cap Rate 7%
$1,103,000
Cap Rate 9%
$857,889

Alternative Uses

Best Use
Office B
$1.10M
$965.1K – $1.29M (±1% cap)
NOI $77,210 @ 7.0% cap · market cap 3.51%
Second Best
Healthcare Medical
$1.05M
$920.9K – $1.23M (±1% cap)
NOI $73,675 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $102,947 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mario Monteleone Physician Michael Steppie Physician Associates in Dermatology | Ocoee Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

47,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,386
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34761, FL

48,193
Population
14,794
Households
3.3
Avg Household Size
37
Median Age
30%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$90,406
Median Household Income
$42,694
Median Earnings
$1,806
Median Rent
$363,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • All4 Pets Hospital — 1555 Boren Dr, Ocoee, FL 34761
  • UrgentVet — 11050 W Colonial Dr #10, Ocoee, FL 34761
  • Ocoee Animal Hospital - Marc A Hall DVM — 733 S Bluford Ave, Ocoee, FL 34761

Frequently Asked Questions

What type of property is this?
Medical Office Space - Located on Ocoee Commerce Parkway with close access to W Colonial Drive, which carries 40,000 to 47,000 vehicles daily.
Where is this medical office space located?
The property is located at 530 Ocoee Commerce Pkwy Ocoee, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Year built 2006; Located on Ocoee Commerce Parkway with close access to W Colonial Drive (SR‑50), which carries 40,000 to 47,000 vehicles per day; AdventHealth Ocoee ER opening on W Colonial Drive in spring 2026, alongside the existing AdventHealth Apopka hospital campus
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