801 Douglas Ave Altamonte Springs, FL 32714
801 Douglas Ave, Altamonte Springs, FL, 32714
Contact for pricing
For Sale
Contact for pricing
Medical Office Space
Property Size15,385 SF
Price / SF$228.14
Days on Market387
Property Features for 801 Douglas Ave
General Information
- Standard status
- Active
- Size
- 15,385 SF
- Property subtype
- Office
Listing Agency
CEP - Commercial Equity Partners
Listed by
David Lundberg · License #FL 3067486
Source
Crexi
Added: Jun 26, 2025 Checked: Jul 16 at 12:11 pm
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 CEP - Commercial Equity Partners
Investment Insights
Based on property information with market context.
Key Highlights
- First Floor Buildout available for Owner/User (4,127 sf)
- 73% of the Building is Leased, 100% of the Second Floor is Leased
- Great Signage and Exposure with Frontage on I‑4 and Douglas Ave
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $369.2k | $24.00 |
| − Vacancy | −$62.8k | −$4.08 |
| EGI | $306.5k | $19.92 |
| − OpEx | −$76.6k | −$4.98 |
| NOI | $229.9k | $14.94 |
15,385 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.28M
$2.87M – $3.83M
NOI $229,852 @ 7.0% cap · market cap 6.55%
Second Best
Healthcare Medical
$3.13M
$2.74M – $3.66M
NOI $219,329 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$4.38M
$3.83M – $5.11M
NOI $306,469 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Altamonte Springs Heating ...
Hardware & Home Improvement
GoodWerk Counseling | Dr. ...
Crisis Center
Meridian Associates
Crisis Center
Rachael Dyson
Counselor
Samuel Kelley
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Petco Vaccination Clinic — 375 E Altamonte Dr Suite 1100, Altamonte Springs, FL 32701
- Altamonte Pet Doc Hospital — 262 E Altamonte Dr, Altamonte Springs, FL 32701
- The Cat Hospital of Orlando — 266 E Altamonte Dr, Altamonte Springs, FL 32701
- Westmonte Center — 241 S Westmonte Dr Suite 1040, Altamonte Springs, FL 32714
FAQs
Where is this medical office space located?
The property is located at 801 Douglas Ave Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $3,510,000.
What are key features of this property?
This property features: First Floor Buildout available for Owner/User (4,127 sf); 73% of the Building is Leased, 100% of the Second Floor is Leased; Great Signage and Exposure with Frontage on I‑4 and Douglas Ave
