Medical Office
For Sale
Contact for pricing
Pending
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
Days on Market151
Property Features for 530 Ocoee Commerce Pkwy
General Information
Standard status
Pending
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: Sep 5
Last Checked: Aug 14 at 7:51AM
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.
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 = 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
$77,210
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
3.51%
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%
$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
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
$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 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%
$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
NOI $77,210 @ 7.0% cap · market cap 3.51%
Second Best
Healthcare Medical
$1.05M
$920.9K – $1.23M
NOI $73,675 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $102,947 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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
