Fully Occupied Flex
5500 Commerce Dr Orlando, FL
5500 Commerce Dr, Orlando, FL, 00000
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For Sale
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6,486 SF multitenant flex property with diverse commercial uses.
Property Size6,486 SF
Lot Size0.49 Acres
Price / SF$185.01
Days on Market348
Property Features for 5500 Commerce Dr
General Information
- Standard status
- Active
- Size
- 6,486 SF
- Lot size
- 0.49 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Greysteel - Corporate
(321) 248-2848
Listed by
Nathan Johnson
Source
Moodyscre
Added: Aug 8, 2025 Updated: Jul 6 at 10:00AM Checked: Jul 21 at 2:58AM
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 Greysteel - Corporate
Investment Insights
Based on property information with market context.
The property at 5500 Commerce Drive, Edgewood, FL 32839 is a fully occupied, 6,486 SF multitenant flex property. The building comprises five units, ranging in size from 650 SF to 2,000 SF. The roof was rebuilt in 2020, and the lot was re-paved in 2023. Zoned C-3, this property supports a diverse array of commercial uses.
Key Highlights
- Fully occupied, multitenant flex property providing immediate income.
- Recently re‑paved lot (2023) indicating updated exterior.
- Roof rebuilt in 2020, reducing near‑term maintenance concerns.
Local Financial Insights For Industrial
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 | $56.8k | $8.76 |
| − Vacancy | −$5.1k | −$0.78 |
| EGI | $51.8k | $7.98 |
| − OpEx | −$15.5k | −$2.39 |
| NOI | $36.2k | $5.59 |
6,486 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$517.6K
$452.9K – $603.9K
NOI $36,232 @ 7.0% cap · market cap 3.02%
Second Best
Flex RnD
$480.6K
$420.6K – $560.7K
NOI $33,644 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,256 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative Custom Millworks ...
Production Facility
Born Too Wrap ...
Interior Design
Phoenix Roofing Services, ...
Roofing Company
Red Lion Recording ...
Recording Studio
Larémico Holdings LLC
Consultant
Similar For Sale Nearby
Similar Off Market Nearby
- Queeley’s Shaved Ice — 5699 S Orange Ave, Orlando, FL 32809
- Primo's Gourmet Catering Orlando — 6123 S Orange Ave, Orlando, FL 32809
- Port A Pit Barbeque — 5509 Commerce Dr # F, Orlando, FL 32839
- Reflections of Thyme Catering — 5439 Hansel Ave J-14, Orlando, FL 32809
FAQs
What type of property is this?
Flex space - 6,486 SF multitenant flex property with diverse commercial uses.
Where is this flex space located?
The property is located at 5500 Commerce Dr Orlando, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully occupied, multitenant flex property providing immediate income.; Recently re‑paved lot (2023) indicating updated exterior.; Roof rebuilt in 2020, reducing near‑term maintenance concerns.
