Kingspointe Parkway Office Units For
For Sale
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6881 Kingspointe Pkwy Units 1 & 2, Orlando, FL 32819
Professionally configured office units totaling 4,265 SF, suitable for various users.
Property Size4,265 SF
Price / SF$281.36
Days on Market212
Property Features for 6881 Kingspointe Pkwy Units 1 & 2
General Information
Standard status
Active
Size
4,265 SF
Property subtype
Industrial, Office
Zoning
I-P
Building Details
Year Built
2006
Listing Agency:
Compass St Pete
Listed By:
Kim Meredith-Hampton · License #261015298
(727) 295-0000
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Compass St Pete
Investment Insights
Based on property information with market context.
Located at 6881 Kingspointe Parkway, this property features two professionally configured office units totaling approximately 4,265 square feet. The units are designed to support professional, medical, or administrative users. Unit 1, encompassing 1,357 square feet, includes a private office and a semi-private office on the ground floor, along with one restroom and two private offices on the second floor. Unit 2, which spans 2,908 square feet, features a conference room, three private offices on the ground floor (one with a barn door), a large storage room, a dedicated server room, a restroom, a kitchen, and three additional private offices on the second floor. The layouts offer a mix of private offices, collaborative space, and operational infrastructure, making the property suitable for owner-users or multi-tenant occupancy.
Key Highlights
- Two professionally configured office units totaling 4,265 SF.
- Suited for professional, medical, or administrative users.
- Efficient mix of private offices and collaborative space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,649
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,592,980
$1.6M
Cap Rate 7%
$1,137,843
$1.1M
Cap Rate 9%
$884,989
$885.0K
Market Conditions
NOI Build-Up for 4,265 SF
Gross rent
$128.0K $30.00/SF
− Vacancy
−$21.8K −$5.10/SF
EGI
$106.2K $24.90/SF
− OpEx
−$26.5K −$6.23/SF
NOI
$79.6K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,592,980
Cap Rate 7%
$1,137,843
Cap Rate 9%
$884,989
Alternative Uses
Best Use
Office B
$1.14M
$995.6K – $1.33M
NOI $79,649 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,173 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Office units - Professionally configured office units totaling 4,265 SF, suitable for various users.
Where is this office units located?
The property is located at 6881 Kingspointe Pkwy Units 1 & 2 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: Two professionally configured office units totaling 4,265 SF.; Suited for professional, medical, or administrative users.; Efficient mix of private offices and collaborative space.
