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New Professional Office Building
For Sale
$1,750,000

741 Ciara Creek Cove LONGWOOD, Longwood, FL 32750

Newly built office facility with private offices, conference space, restrooms, interior storage, and backup generation.

Property Size6,834 SF
Price / SF$256.07
Days on Market48

Property Features for 741 Ciara Creek Cove LONGWOOD

General Information

Standard status Active
Size 6,834 SF
Zoning C-2

Additional Details

Office Units 13

Taxes and HOA fees

Annual Taxes $3,184

Amenities

Luxury Vinyl
true
Blinds
Trees/Landscaped
Street Lights
6834
0.16
false
Asphalt
Slab
Street Lights,Main Throrughfare
1

Building Details

Building Size 6,834 SF
Year Built 2026
Buildings 1
Listing Agency:
Listed By: Yordan Polanco
Source: Movetojacksonville
Added: Jul 6 Changed: Aug 22 Last Checked: Aug 22 at 3:34AM

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 Yordan Polanco

Investment Insights

Based on property information with market context.

This newly constructed professional office building offers a well-organized workspace totaling just under 7,000 square feet. The interior layout includes 13 private offices, including two executive offices, along with expansive open work areas. A 16' x 30' conference room supports client meetings and team collaboration, and a large employee breakroom provides additional day-to-day convenience. The building includes four restrooms for efficient flow throughout the space, and it also features a substantial 41' x 44' interior storage area suitable for records, equipment, inventory, or other operational needs. For continuity, the property is equipped with a backup generator.

The property is located at 741 Ciara Creek Cove in Longwood, Florida, along a Central Florida business corridor with convenient access to major transportation routes. The listing indicates C-2 zoning, which provides flexibility for office and medical users and other qualifying uses.

Designed for professional, medical, corporate, and specialty service operations, the combination of private offices, a dedicated conference room, and multiple restrooms can support a range of team sizes and client-facing workflows. The interior storage area can also help keep day-to-day materials organized within the building, while backup power adds operational reliability for users and tenants.

Key Highlights

  • Newly built (2026) professional office building offering 6,834 SF on a 0.16‑acre lot
  • Floor plan includes 13 private offices (including 2 executive offices) plus expansive open work areas
  • Includes a 16' x 30' conference room and a large employee breakroom for daily team use

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
$102,100
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
5.83%
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%
$2,042,000 $2.0M
Cap Rate 7%
$1,458,571 $1.5M
Cap Rate 9%
$1,134,444 $1.1M
Market Conditions
NOI Build-Up for 6,834 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
$164.0K $24.00/SF
− Vacancy
−$27.9K −$4.08/SF
EGI
$136.1K $19.92/SF
− OpEx
−$34.0K −$4.98/SF
NOI
$102.1K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /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%
$2,042,000
Cap Rate 7%
$1,458,571
Cap Rate 9%
$1,134,444

Alternative Uses

Best Use
Office B
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,100 @ 7.0% cap · market cap 5.83%
Second Best
Healthcare Medical
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,426 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M (±1% cap)
NOI $136,133 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Law Firm Hair Salon Nail Salon

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

13
Office units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 32750, FL

25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
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
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Frequently Asked Questions

What type of property is this?
Office building - Newly built office facility with private offices, conference space, restrooms, interior storage, and backup generation.
Where is this office building located?
The property is located at 741 Ciara Creek Cove LONGWOOD Longwood, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Newly built (2026) professional office building offering 6,834 SF on a 0.16‑acre lot; Floor plan includes 13 private offices (including 2 executive offices) plus expansive open work areas; Includes a 16' x 30' conference room and a large employee breakroom for daily team use
More about this property
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