Office Unit with Reception
For Sale
$599,000
8615 Commodity Cir Unit 2, Orlando, FL 32819
Flexible commercial suite in Orlando with two entrances, downstairs restroom, and convenient access to major regional routes.
Property Size1,567 SF
Price / SF$382.26
Days on Market51
Property Features for 8615 Commodity Cir Unit 2
General Information
Standard status
Active
Size
1,567 SF
Additional Details
Highway Access
Yes
Amenities
reception area
bathroom
2 entrances
Building Details
Year Built
2007
Listing Agency:
WRA BUSINESS & REAL ESTATE
Listed By:
Andrea Mendonca · License #3437299
(407) 534-3799
Source:
Globalsapphirerealty
Added: Sep 16
Changed: Oct 25
Last Checked: Nov 4 at 3:39PM
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 WRA BUSINESS & REAL ESTATE
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Investment Insights
Based on property information with market context.
This 1,567-square-foot office unit, completed in 2007, offers a functional commercial layout within a modern office park. The space includes a reception area, a downstairs bathroom, and two entrances, with more than five parking spaces serving the property. Its configuration supports a professional office environment and flexible workspace needs.
The property is located in Orlando’s southwest quadrant, approximately 5 minutes from EPIC UNIVERSAL. Access extends to Interstate 4, Highway 50, U.S. 441, 417, the East-West Expressway, and the Beach Line Expressway. Sand Lake Road and John Young Parkway are also nearby, while shopping, hotels, restaurants, financial institutions, technology businesses, and entertainment destinations are within the surrounding area.
The property is located in Orlando’s southwest quadrant, approximately 5 minutes from EPIC UNIVERSAL. Access extends to Interstate 4, Highway 50, U.S. 441, 417, the East-West Expressway, and the Beach Line Expressway. Sand Lake Road and John Young Parkway are also nearby, while shopping, hotels, restaurants, financial institutions, technology businesses, and entertainment destinations are within the surrounding area.
Key Highlights
- 1,567‑square‑foot office unit completed in 2007
- Reception area and downstairs bathroom
- Two entrances provide separate access points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,264
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,280
$585.3K
Cap Rate 7%
$418,057
$418.1K
Cap Rate 9%
$325,156
$325.2K
Market Conditions
NOI Build-Up for 1,567 SF
Gross rent
$47.0K $30.00/SF
− Vacancy
−$8.0K −$5.10/SF
EGI
$39.0K $24.90/SF
− OpEx
−$9.8K −$6.23/SF
NOI
$29.3K $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%
$585,280
Cap Rate 7%
$418,057
Cap Rate 9%
$325,156
Alternative Uses
Best Use
Office B
$418.1K
$365.8K – $487.7K
NOI $29,264 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.8K
$441.7K – $588.9K
NOI $35,335 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial suite in Orlando with two entrances, downstairs restroom, and convenient access to major regional routes.
Where is this office unit located?
The property is located at 8615 Commodity Cir Unit 2 Orlando, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,567‑square‑foot office unit completed in 2007; Reception area and downstairs bathroom; Two entrances provide separate access points
