Flex Space with Roll-Up
For Sale
$865,000
8810 COMMODITY CIRCLE, Orlando, FL 32819
Office and storage areas feature central air, a reception area, and convenient parking.
Property Size2,286 SF
Price / SF$378.39
Days on Market103
Property Features for 8810 COMMODITY CIRCLE
General Information
Standard status
Active
Size
2,286 SF
Class
Class B
Property subtype
Mixed Use
Warehouse & Industrial
Warehouse Space
1,610 SF
Office Build-Out
676 SF
Taxes and HOA fees
Annual Taxes
$9,669
Amenities
Central Air
3
City Road, Asphalt.
Building Details
Year Built
2005
Listing Agency:
TRUST REALTY CORPORATION
(407) 251-0669
Listed By:
Franklin Adrianza · License #3330242
(786) 581-3100
Source:
Xome
Added: May 24
Changed: Sep 2
Last Checked: Sep 2 at 3:31PM
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 TRUST REALTY CORPORATION
Investment Insights
Based on property information with market context.
This 2,286-square-foot flex property combines finished office space with dedicated storage. The 676-square-foot office area includes a reception area, conference room, private office, bathroom, and central air. A separate 1,610-square-foot storage area is served by a roll-up door, providing practical access for handling materials and equipment.
Built in 2005, the property is positioned on a paved city road at 8810 Commodity Circle in Orlando. The site includes parking and offers a functional format for businesses requiring both administrative space and enclosed storage. Its office-to-storage configuration also supports showroom or professional-service operations where those uses are appropriate.
Built in 2005, the property is positioned on a paved city road at 8810 Commodity Circle in Orlando. The site includes parking and offers a functional format for businesses requiring both administrative space and enclosed storage. Its office-to-storage configuration also supports showroom or professional-service operations where those uses are appropriate.
Key Highlights
- 2,286 SF flex property with office and storage components
- 676 SF office area with reception, conference room, private office, and bathroom
- 1,610 SF storage area with roll‑up door
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
$42,691
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
4.94%
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%
$853,820
$853.8K
Cap Rate 7%
$609,871
$609.9K
Cap Rate 9%
$474,344
$474.3K
Market Conditions
NOI Build-Up for 2,286 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
$68.6K $30.00/SF
− Vacancy
−$11.7K −$5.10/SF
EGI
$56.9K $24.90/SF
− OpEx
−$14.2K −$6.23/SF
NOI
$42.7K $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%
$853,820
Cap Rate 7%
$609,871
Cap Rate 9%
$474,344
Alternative Uses
Best Use
Office B
$609.9K
$533.6K – $711.5K
NOI $42,691 @ 7.0% cap · market cap 4.94%
Second Best
Warehouse
$221.5K
$193.8K – $258.5K
NOI $15,507 @ 7.0% cap · market cap 1.79%
Theoretical Best
Office A
$736.4K
$644.4K – $859.1K
NOI $51,548 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,542
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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Frequently Asked Questions
What type of property is this?
Flex space - Office and storage areas feature central air, a reception area, and convenient parking.
Where is this flex space located?
The property is located at 8810 COMMODITY CIRCLE Orlando, FL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 2,286 SF flex property with office and storage components; 676 SF office area with reception, conference room, private office, and bathroom; 1,610 SF storage area with roll‑up door
