Flex Space with Roll-Up Door
For Sale
$865,000
8810 COMMODITY CIRCLE #12, Orlando, FL 32819
Class B flex configuration combines dedicated office space with roll-up door storage for adaptable business operations.
Property Size2,286 SF
Price / SF$378.39
Days on Market89
Property Features for 8810 COMMODITY CIRCLE #12
General Information
Standard status
Active
Size
2,286 SF
Class
Class B
Property subtype
Commercial
Zoning
IND-2/IND-
Taxes and HOA fees
Annual Taxes
$9,669
Building Details
Building Size
2,286 SF
Year Built
2005
Listing Agency:
TRUST REALTY CORPORATION
(786) 241-2060
Listed By:
Franklin Adrianza · License #3330242
(786) 241-2060
Source:
Mbifloridarealty
Added: Jun 3
Changed: Aug 23
Last Checked: Aug 28 at 11:29AM
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 Class B flex space provides a practical split between office and storage. The office area totals 676 sq. ft. and includes a welcoming reception area, a conference room, a private office, and a bathroom. The storage portion measures 1,610 sq. ft. and is served by a convenient roll-up door, supporting day-to-day logistics and accessible in-and-out operations.
The property is positioned in a highly accessible commercial area with plenty of parking, and the surrounding transportation profile is car-dependent. These details make the space straightforward for teams, clients, and deliveries that rely primarily on vehicles.
With its blend of professional interior space and warehouse-style storage, this suite can fit a range of small to medium-sized users. The layout supports businesses that need customer-facing or meeting space along with functional storage, including showroom use and professional services that benefit from roll-up door access for materials and equipment.
The property is positioned in a highly accessible commercial area with plenty of parking, and the surrounding transportation profile is car-dependent. These details make the space straightforward for teams, clients, and deliveries that rely primarily on vehicles.
With its blend of professional interior space and warehouse-style storage, this suite can fit a range of small to medium-sized users. The layout supports businesses that need customer-facing or meeting space along with functional storage, including showroom use and professional services that benefit from roll-up door access for materials and equipment.
Key Highlights
- Flex space built in 2005 with combined office and storage/warehouse functionality
- Includes 676 SF office with reception area, conference room, private office, and bathroom
- Includes 1,610 SF storage space with a convenient roll‑up door for easy access
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 - Class B flex configuration combines dedicated office space with roll-up door storage for adaptable business operations.
Where is this flex space located?
The property is located at 8810 COMMODITY CIRCLE #12 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: Flex space built in 2005 with combined office and storage/warehouse functionality; Includes 676 SF office with reception area, conference room, private office, and bathroom; Includes 1,610 SF storage space with a convenient roll‑up door for easy access
