Built-Out Office Unit with
8803 Futures Drive Unit 3 Orlando, FL 32819
For Sale
$1,050,000
Turn-key office unit with tilt-up concrete walls and a 500 SF second-floor mezzanine.
Property Size2,062 SF
Price / SF$509.21
Days on Market835
Property Features for 8803 Futures Drive Unit 3
General Information
- Standard status
- Active
- Size
- 2,062 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2007
Listing Agency:
SOLARE REALTY LLC
(407) 460-1994
Listed By:
Nivea Coutinho · License #3118815
Source:
Xome
Added: Apr 11, 2024
Changed: Jul 23
Last Checked: Jul 24 at 5:01AM
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 SOLARE REALTY LLC
Investment Insights
Based on property information with market context.
This built-out commercial office unit offers a unique architectural design with tilt-up concrete walls and an interior configuration ready for occupancy. The unit totals 2,062 SF and includes a 500 SF second-floor mezzanine within the stated square footage. Interior improvements are in place, with ample open parking described on-site to support daily operations.
Located at 8803 Futures Drive Unit 3 in Orlando, the property is positioned off John Young Pkwy and Sand Lake Road, with convenient access to SR 528 and I-4. The surrounding area is noted as minutes from major regional destinations including Universal Studios (and their new theme park under development), International Drive, Mall at Millenia, and Florida Mall.
For buyers seeking a prepared office space in a professional business center environment, this unit provides both single-level space and an added mezzanine level within the overall square footage.
Located at 8803 Futures Drive Unit 3 in Orlando, the property is positioned off John Young Pkwy and Sand Lake Road, with convenient access to SR 528 and I-4. The surrounding area is noted as minutes from major regional destinations including Universal Studios (and their new theme park under development), International Drive, Mall at Millenia, and Florida Mall.
For buyers seeking a prepared office space in a professional business center environment, this unit provides both single-level space and an added mezzanine level within the overall square footage.
Key Highlights
- Commercial office unit in The South Park professional business center in Orlando
- 2007 build with tilt‑up concrete walls
- 2,062 SF unit with a 500 SF second‑floor mezzanine included in square footage
Financial Insights For Retail
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 | $59.9k | $29.04 |
| − Vacancy | −$2.0k | −$0.99 |
| EGI | $57.8k | $28.05 |
| − OpEx | −$17.4k | −$8.42 |
| NOI | $40.5k | $19.64 |
2,062 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$578.4K
$506.1K – $674.9K
NOI $40,491 @ 7.0% cap · market cap 3.86%
Second Best
Office B
$550.1K
$481.4K – $641.8K
NOI $38,508 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$664.2K
$581.2K – $775.0K
NOI $46,497 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Donnelly Engineering
Construction Company
American Bancshares Mortgage
Loan Service
International Covenant Church
Church
John Young
Business Service Center
Pulmonary Institute
Association / Organization
FAQs
What type of property is this?
Office units - Turn-key office unit with tilt-up concrete walls and a 500 SF second-floor mezzanine.
Where is this office units located?
The property is located at 8803 Futures Drive Unit 3 Orlando, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Commercial office unit in The South Park professional business center in Orlando; 2007 build with tilt‑up concrete walls; 2,062 SF unit with a 500 SF second‑floor mezzanine included in square footage
