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Freestanding Office with Signage
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8507 Forest City Road, Orlando, FL 32810

Standalone office property with on-site parking, building signage, and access to a heavily traveled state route.

Property Size1,632 SF
Lot Size0.17 Acres
Price / SF$300.25
Days on Market101

Property Features for 8507 Forest City Road

General Information

Standard status Active
Size 1,632 SF
Lot size 0.17 Acres
Property subtype Office
Zoning ORG-P-O
Investment Type Owner/User

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1952
Buildings 1
Tenancy Single
Building Size 1,632 SF
Parking Ratio 6 per 1,000 SF
Listing Agency: Results Real Estate Partners, LLC
Listed By: Vincent Wolle · License #BK688271
Source: Crexi
Added: Jul 6 Changed: Oct 14 Last Checked: Oct 12 at 5:33PM

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 Results Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

This freestanding office building contains 1,632 SF on a 0.17-acre site and was built in 1952. The property is zoned ORG-P-O and includes front and rear parking areas, along with building and street signage opportunities. Its standalone format supports owner-user occupancy and provides a dedicated commercial setting.

The property fronts SR-434, identified as carrying more than 30k VPD, with connections to I-4, SR-414, and Hwy-441. The surrounding area includes single-family homes and apartment units, while Seminole State Campus and the Advent Health Corporate Campus are each noted as one mile away. The location also serves the broader Maitland, Winter Park, Altamonte Springs, and Orlando submarkets.

Key Highlights

  • 1,632 SF freestanding office building on a 0.17‑acre site
  • Zoned ORG‑P‑O
  • Front and rear parking at 6 Spots per 1,000 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,478
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,560 $609.6K
Cap Rate 7%
$435,400 $435.4K
Cap Rate 9%
$338,644 $338.6K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$49.0K $30.00/SF
− Vacancy
−$8.3K −$5.10/SF
EGI
$40.6K $24.90/SF
− OpEx
−$10.2K −$6.23/SF
NOI
$30.5K $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 Rate 5%
$609,560
Cap Rate 7%
$435,400
Cap Rate 9%
$338,644

Alternative Uses

Best Use
Office B
$435.4K
$381.0K – $508.0K (±1% cap)
NOI $30,478 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.7K
$460.0K – $613.4K (±1% cap)
NOI $36,801 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Nathan L Williams ... Renovation Specialist GG land Service ... Agricultural Supply Crowley Wesley CPA Accounting Firm Gary J Smith ... Tax Preparation

Suggested Use

Top Pick Hair Salon Dental Office Auto Repair Shop Bakery Spa & Massage Center Furniture & Home Goods

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 32810, FL

35,925
Population
14,849
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
3,905
Density / Sq Mi
$58,462
Median Household Income
$37,983
Median Earnings
$1,545
Median Rent
$260,000
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

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Standalone office property with on-site parking, building signage, and access to a heavily traveled state route.
Where is this office building located?
The property is located at 8507 Forest City Road Orlando, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 1,632 SF freestanding office building on a 0.17‑acre site; Zoned ORG‑P‑O; Front and rear parking at 6 Spots per 1,000 SF
(407) 647-0200 Call to check price and availability
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