Office Unit with Reception
New
For Sale
$299,000
7065 Westpointe Boulevard Unit 317, Orlando, FL 32835
Three private offices, a sink, storage, and elevator access support a professional work setting.
Property Size684 SF
Price / SF$437.13
Days on Market2
Property Features for 7065 Westpointe Boulevard Unit 317
General Information
Standard status
Active
Size
684 SF
Elevators
Yes
Additional Details
Highway Access
Yes
Office Units
1
Amenities
reception area
tall ceiling heights
built-in sink
storage closet
Building Details
Year Built
2005
Listing Agency:
GO FLORIDA COMMERCIAL LLC
Listed By:
Mike Guidice · License #3070728
(407) 443-3206
Source:
Chenoregroup
Added: Sep 12
Last Checked: Sep 13 at 11:41AM
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 GO FLORIDA COMMERCIAL LLC
Investment Insights
Based on property information with market context.
Located at 7065 Westpointe Boulevard #317 in Orlando, this office unit provides a reception area, three private offices, tall ceilings, a built-in sink with running water, and a storage closet. The layout is suited to a professional office environment, with features that support both daily operations and visitor reception.
The unit is within Veranda Office Park in MetroWest, a mixed-use business district with more than 1 million square feet of office, retail, and medical space and over 10,000 nearby residences. Interstate 4, State Road 408, and the Florida Turnpike provide connections across Central Florida. The building was completed in 2005 and includes two elevators.
The unit is within Veranda Office Park in MetroWest, a mixed-use business district with more than 1 million square feet of office, retail, and medical space and over 10,000 nearby residences. Interstate 4, State Road 408, and the Florida Turnpike provide connections across Central Florida. The building was completed in 2005 and includes two elevators.
Key Highlights
- Reception area plus 3 private offices
- Built‑in sink with running water
- Tall ceilings and a dedicated 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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Three private offices, a sink, storage, and elevator access support a professional work setting.
Where is this office units located?
The property is located at 7065 Westpointe Boulevard Unit 317 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: Reception area plus 3 private offices; Built‑in sink with running water; Tall ceilings and a dedicated storage closet
