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Medical Office Condominium

530 Ocoee Commerce Pkwy Ocoee, FL 34761

530 Ocoee Commerce Pkwy, Ocoee, FL, 34761
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For Sale
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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 Market105

Property Features for 530 Ocoee Commerce Pkwy

General Information

Standard status
Active
Size
5,168 SF
Property subtype
Office

Building Details

Year Built
2006
Listing agency Foundry Commercial
Listed by Chris DeMartino · License #SL3638006
Source Crexi
Added: Apr 10 Updated: Jul 22 at 5:54AM Checked: Jul 22 at 5:54AM

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


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

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $124.0k $24.00
− Vacancy −$21.1k −$4.08
EGI $102.9k $19.92
− OpEx −$25.7k −$4.98
NOI $77.2k $14.94
5,168 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

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 local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Building Supply Garden Center (Bike/Boat/Book/etc) Store Hotel & Motel Food Market Kitchen & Bath Showroom Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

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

FAQs

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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