Office Unit With Reception
New
For Sale
$299,000
7065 WESTPOINTE Boulevard, Orlando, FL 32835
Commercial Sale, ORLANDO, FL
Property Size684 SF
Lot Size0.33 Acres
Price / SF$437.13
Days on Market2
Property Features for 7065 WESTPOINTE Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
AC-2
Directions
From FL 408, take exit 4, travel South on S Hiawassee Rd. Turn Left onto Westpointe Blvd. 7065 Westpointe Blvd will be on your left.
Subdivision
32835 - Orlando/Metrowest/Orlo Vista
Standard status
Active
APN
02-23-28-6125-00-317
Size
684 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OFFICES AT VERANDA PARK BUILDING 7000 8370/330 UNIT 317
Tax Annual Amount
3640
Legal Description
OFFICES AT VERANDA PARK BUILDING 7000 8370/330 UNIT 317
Utilities
Cooling system
Central Air
Building Details
Year built
2005
Building materials
Concrete
Listing Agency:
GO FLORIDA COMMERCIAL LLC
Listed By:
Mike Guidice · License #3070728
(407) 443-3206
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 11 at 10:06PM
MLS# O6440490
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 684-square-foot office condominium is located in Veranda Office Park within Orlando’s MetroWest district. The suite includes a reception area, three enclosed offices, tall ceilings, a built-in sink with running water, and a storage closet. The building was constructed in 2005 with concrete materials, central air, and two elevators. The property carries AC-2 zoning.
The office park is positioned for access to I-4, State Road 408, and the Florida Turnpike. MetroWest includes more than 1 million square feet of office, retail, and medical space, along with over 10,000 nearby residences. The surrounding mixed-use business district provides a central setting for professional office operations and client access.
The office park is positioned for access to I-4, State Road 408, and the Florida Turnpike. MetroWest includes more than 1 million square feet of office, retail, and medical space, along with over 10,000 nearby residences. The surrounding mixed-use business district provides a central setting for professional office operations and client access.
Key Highlights
- 684‑square‑foot office condominium in Veranda Office Park
- Reception area plus 3 private offices
- Tall ceilings, built‑in sink with running water, and storage closet
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
$12,774
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
4.27%
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%
$255,480
$255.5K
Cap Rate 7%
$182,486
$182.5K
Cap Rate 9%
$141,933
$141.9K
Market Conditions
NOI Build-Up for 684 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
$20.5K $30.00/SF
− Vacancy
−$3.5K −$5.10/SF
EGI
$17.0K $24.90/SF
− OpEx
−$4.3K −$6.23/SF
NOI
$12.8K $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 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%
$255,480
Cap Rate 7%
$182,486
Cap Rate 9%
$141,933
Alternative Uses
Best Use
Office B
$182.5K
$159.7K – $212.9K
NOI $12,774 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.3K
$192.8K – $257.1K
NOI $15,424 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
Explore this area
Business Placement
Demographics for 32835, FL
45,380
Population
19,377
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$70,183
Median Household Income
$38,953
Median Earnings
$1,764
Median Rent
$333,000
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 - Professional office condominium with private offices, high ceilings, sink, storage, and access to a two-elevator building.
Where is this office units located?
The property is located at 7065 WESTPOINTE Boulevard Orlando, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 684‑square‑foot office condominium in Veranda Office Park; Reception area plus 3 private offices; Tall ceilings, built‑in sink with running water, and storage closet
