Flex Office Condo with
For Sale
$725,000
7901 KINGSPOINTE PARKWAY #20, Orlando, FL 32819
Industrial-zoned flex space combines private offices, showroom potential, and overhead-door loading access.
Property Size1,650 SF
Price / SF$439.39
Days on Market12
Property Features for 7901 KINGSPOINTE PARKWAY #20
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
3
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
380 SF
Drive-In Doors
1
Conditioned Warehouse
Yes
Amenities
security alarm system
surveillance cameras
0.04 acres
Additional parcels description:, Parcel Number: 29-23-29-8273-00-200, Public Survey Range: 29, Public Survey Section: 29, Annual Amount: $6,145.62, Tax Block: 00, Tax Book Number: 7732-2325, Legal Description: STARPOINTE II SERVICE CENTER CONDO 7732/2325 UNIT 20, Lot: 20, Year: 2025, Zoning: I-P
Central Air
Listing ID: MFRO6432715, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-08-13, Special Conditions: None
Built in 2005, Living area: 1650, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: STARPOINTE 02 SERVICE CENTER, MLS Area (Major): 32819 - Orlando/Bay Hill/Sand Lake, County/Parish: Orange
Completed
Slab
Frontage Type: Access Road, Road Surface: Asphalt
Building Details
Year Built
2005
Listing Agency:
GO FLORIDA COMMERCIAL LLC
(407) 443-3206
Listed By:
Mike Guidice · License #3070728
Source:
Miharaandassociates
Added: Aug 13
Changed: Aug 24
Last Checked: Aug 24 at 6:11AM
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.
This 1,650-square-foot flex office condo, built in 2005, combines a polished office environment with approximately 380 square feet of air-conditioned warehouse space. The layout includes four private offices, a conference room, reception area, kitchen, upgraded restroom, and an overhead garage door serving the warehouse portion. Travertine and wood flooring, crown molding, framed glass-insert office doors, and finished baseboards contribute to the interior presentation. The property is suited to office, showroom, light warehouse, and service-based business uses supported by the industrial zoning.
Located at 7901 Kingspointe Parkway #20 in Orlando, the property sits just off Sand Lake Road between I-4 and the Florida Turnpike. Access to Universal Studios, Disney, Orlando International Airport, major transportation corridors, and Central Florida markets is identified as part of the surrounding location context. Three assigned parking spaces, guest parking within the complex, a security alarm, and surveillance cameras are also included.
Located at 7901 Kingspointe Parkway #20 in Orlando, the property sits just off Sand Lake Road between I-4 and the Florida Turnpike. Access to Universal Studios, Disney, Orlando International Airport, major transportation corridors, and Central Florida markets is identified as part of the surrounding location context. Three assigned parking spaces, guest parking within the complex, a security alarm, and surveillance cameras are also included.
Key Highlights
- 1,650 SF flex office condo built in 2005
- Approximately 380 SF of air‑conditioned warehouse space
- Four private offices plus conference room, reception area, kitchen, and upgraded restroom
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
$30,814
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
4.25%
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%
$616,280
$616.3K
Cap Rate 7%
$440,200
$440.2K
Cap Rate 9%
$342,378
$342.4K
Market Conditions
NOI Build-Up for 1,650 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
$49.5K $30.00/SF
− Vacancy
−$8.4K −$5.10/SF
EGI
$41.1K $24.90/SF
− OpEx
−$10.3K −$6.23/SF
NOI
$30.8K $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%
$616,280
Cap Rate 7%
$440,200
Cap Rate 9%
$342,378
Alternative Uses
Best Use
Office B
$440.2K
$385.2K – $513.6K
NOI $30,814 @ 7.0% cap · market cap 4.25%
Second Best
Warehouse
$159.9K
$139.9K – $186.5K
NOI $11,192 @ 7.0% cap · market cap 1.54%
Theoretical Best
Office A
$531.5K
$465.1K – $620.1K
NOI $37,207 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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- Catering And Events — 5454 International Dr, Orlando, FL 32819
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned flex space combines private offices, showroom potential, and overhead-door loading access.
Where is this flex space located?
The property is located at 7901 KINGSPOINTE PARKWAY #20 Orlando, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,650 SF flex office condo built in 2005; Approximately 380 SF of air‑conditioned warehouse space; Four private offices plus conference room, reception area, kitchen, and upgraded restroom
