Renovated Office Building with Gated
For Sale
$795,000
531 Dog Track Road, Longwood, FL 32750
Renovated office building with multiple private offices, open area, and conference room, plus a gated yard and separate storage building.
Property Size1,578 SF
Price / SF$503.80
Days on Market258
Property Features for 531 Dog Track Road
General Information
Standard status
Active
Size
1,578 SF
Property subtype
Commercial
Building Details
Year Built
1956
Listing Agency:
BEACH LIFE REALTY
Listed By:
Shane Murray · License #3214384
(386) 690-4663
Source:
Realtygroupfl
Added: Feb 4
Changed: Oct 19
Last Checked: Oct 19 at 9:51AM
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 BEACH LIFE REALTY
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Investment Insights
Based on property information with market context.
This centrally located office building offers a mix of multiple private offices and an open area, along with a break room and conference room. The property includes both the main building and a separate storage building, supported by just under 1 acre of land. Recent renovations include updated HVAC, electrical, a metal roof, fresh paint, new floors, wall texturing, updated bathrooms, and flooring throughout.
The property sits at 531 Dog Track Rd in Longwood, FL. A gated back yard provides storage and room to turn around, supporting day-to-day operations and off-site staging needs.
The space is positioned for a business to move in and operate, with the office layout providing both private work areas and shared meeting or collaboration space.
The property sits at 531 Dog Track Rd in Longwood, FL. A gated back yard provides storage and room to turn around, supporting day-to-day operations and off-site staging needs.
The space is positioned for a business to move in and operate, with the office layout providing both private work areas and shared meeting or collaboration space.
Key Highlights
- Renovated commercial office building with multiple private offices, open area, break room, and conference room
- Renovations include updated HVAC, electrical, metal roof, fresh paint, floors, wall texturing, bathrooms, and flooring
- Includes a separate storage building on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,575
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,500
$471.5K
Cap Rate 7%
$336,786
$336.8K
Cap Rate 9%
$261,944
$261.9K
Market Conditions
NOI Build-Up for 1,578 SF
Gross rent
$37.9K $24.00/SF
− Vacancy
−$6.4K −$4.08/SF
EGI
$31.4K $19.92/SF
− OpEx
−$7.9K −$4.98/SF
NOI
$23.6K $14.94/SF
Area
Seminole 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%
$471,500
Cap Rate 7%
$336,786
Cap Rate 9%
$261,944
Alternative Uses
Best Use
Office B
$336.8K
$294.7K – $392.9K
NOI $23,575 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.1K
$392.9K – $523.9K
NOI $31,434 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 32750, FL
25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
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
Frequently Asked Questions
What type of property is this?
Office building - Renovated office building with multiple private offices, open area, and conference room, plus a gated yard and separate storage building.
Where is this office building located?
The property is located at 531 Dog Track Road Longwood, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Renovated commercial office building with multiple private offices, open area, break room, and conference room; Renovations include updated HVAC, electrical, metal roof, fresh paint, floors, wall texturing, bathrooms, and flooring; Includes a separate storage building on‑site
