Orlando Multi-Unit Commercial
For Sale
$870,000
8865 COMMODITY CIRCLE #14, Orlando, FL 32819
Multi-unit commercial property in a dynamic Orlando business hub.
Property Size2,666 SF
Lot Size0.26 Acres
Price / SF$326.33
Days on Market249
Property Features for 8865 COMMODITY CIRCLE #14
General Information
Standard status
Active
Size
2,666 SF
Lot size
0.26 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,050
Amenities
Central air
Pool
Public Pool
Central Air Cooling
Central Heating
Building Details
Year Built
2007
Listing Agency:
GLASSTONE GROUP INC
(321) 988-4663
Listed By:
CAROL VALENTINO, LLC
Source:
Corcoran
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:12AM
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 GLASSTONE GROUP INC
Investment Insights
Based on property information with market context.
Located at 8865 Commodity Cir, Suite 14, this commercial property features 12 individual units. Positioned in the SouthPark/Orlando Central Park area, the property benefits from visibility and access to major roadways. It is located close to the Orlando International Airport, convention centers, tourist corridors, and surrounding businesses. The units offer flexible configurations suitable for offices, professional services, storage, or other commercial uses. This property offers income potential and versatile use options for a range of businesses.
Key Highlights
- Strong income potential from 12 individual units.
- Located in the highly desirable SouthPark/Orlando Central Park area.
- Versatile use options suitable for offices, professional services, storage, or other commercial uses.
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
$49,788
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
5.72%
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%
$995,760
$995.8K
Cap Rate 7%
$711,257
$711.3K
Cap Rate 9%
$553,200
$553.2K
Market Conditions
NOI Build-Up for 2,666 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
$80.0K $30.00/SF
− Vacancy
−$13.6K −$5.10/SF
EGI
$66.4K $24.90/SF
− OpEx
−$16.6K −$6.23/SF
NOI
$49.8K $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%
$995,760
Cap Rate 7%
$711,257
Cap Rate 9%
$553,200
Alternative Uses
Best Use
Office B
$711.3K
$622.4K – $829.8K
NOI $49,788 @ 7.0% cap · market cap 5.72%
Second Best
Self Storage
$364.7K
$319.1K – $425.5K
NOI $25,530 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$858.8K
$751.5K – $1.00M
NOI $60,117 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,324
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
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Multi-unit commercial property in a dynamic Orlando business hub.
Where is this office units located?
The property is located at 8865 COMMODITY CIRCLE #14 Orlando, FL.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Strong income potential from 12 individual units.; Located in the highly desirable SouthPark/Orlando Central Park area.; Versatile use options suitable for offices, professional services, storage, or other commercial uses.
