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Office Flex Property with Metal Shop
For Sale
$225,000
Pending

541 Blanche Avenue, Umatilla, FL 32784

Office space with five private offices, central gathering area, and detached metal building for equipment and storage needs.

Property Size2,591 SF
Days on Market56

Property Features for 541 Blanche Avenue

General Information

Standard status Pending
Size 2,591 SF
Total Parking Spaces 10
Property subtype Office
Zoning C-1

Additional Details

Office Units 5

Building Details

Year Built 2002
Listing Agency: RE/MAX 200 REALTY
Listed By: Tom Langmann · License #3221919
Source: Xome
Added: Jun 12 Changed: Jul 10 Last Checked: Jul 16 at 5:55AM

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 RE/MAX 200 REALTY

Investment Insights

Based on property information with market context.

This C-1 commercial property features a log cabin-style main structure designed for a combined office and operational workflow. The interior includes five private offices arranged around a central 30' x 17' gathering space that can function as a reception, conference, collaborative work area, showroom, or training room. Additional amenities include a kitchen with induction cooktop, oven, dishwasher, refrigerator, and island, along with a half bath. An attached one-car garage includes a washer and dryer, and a finished, air-conditioned bonus room above the garage provides additional space for storage or office use.

A detached 25' x 24' metal building with electricity, a roll-up door, and a loft adds practical support for inventory, equipment storage, workshops, or fleet-related needs. The property also includes a parking configuration intended to accommodate approximately 10 vehicles, using a mix of standard and tandem spaces.

With C-1 zoning, prospective buyers should confirm intended use with the local jurisdiction. The layout and supporting structures may fit professional and neighborhood-oriented operations that need private office rooms plus an on-site building for work materials, tools, or equipment, such as consulting, training, design, home services, or other commercial uses consistent with local regulations.

Key Highlights

  • C‑1 commercial property built in 2002 with five private offices and a 30' x 17' central gathering space
  • Kitchen includes induction cooktop, oven, dishwasher, and refrigerator, plus a half bath
  • Central air cooling and a heating system listed as "3"

Financial Insights For Warehouse

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 $22.7k $8.76
− Vacancy −$2.0k −$0.78
EGI $20.7k $7.98
− OpEx −$3.1k −$1.20
NOI $17.6k $6.78
2,591 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%

Alternative Uses

Best Use
Office B
$553.0K
$483.9K – $645.2K (±1% cap)
NOI $38,710 @ 7.0% cap · market cap 17.20%
Second Best
Warehouse
$251.1K
$219.7K – $292.9K (±1% cap)
NOI $17,576 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$737.3K
$645.2K – $860.2K (±1% cap)
NOI $51,613 @ 7.0% cap · market cap 22.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Restaurant Bed & Breakfast Hotel & Motel

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

5
Office units

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32784, FL

11,212
Population
4,971
Households
2.3
Avg Household Size
45
Median Age
12%
College-Educated
88%
High-School Grad
92.8 sq mi
ZIP Area
121
Density / Sq Mi
$69,633
Median Household Income
$40,247
Median Earnings
$1,082
Median Rent
$237,300
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office space with five private offices, central gathering area, and detached metal building for equipment and storage needs.
Where is this flex space located?
The property is located at 541 Blanche Avenue Umatilla, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: C‑1 commercial property built in 2002 with five private offices and a 30' x 17' central gathering space; Kitchen includes induction cooktop, oven, dishwasher, and refrigerator, plus a half bath; Central air cooling and a heating system listed as "3"
More about this property
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