Office Building with
924 Delaney Ave Orlando, FL 32806
924 Delaney Ave, Orlando, FL, 32806
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For Sale
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Small office building offering a lobby/reception, seven offices, and a conference room with 20 parking spaces.
Property Size1,900 SF
Price / SF$460.53
Days on Market51
Property Features for 924 Delaney Ave
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- OFFICE
Listing agency
NAI Realvest | Orlando
(407) 949-0758
Listed by
Paul P. Partyka · License #675481
Source
Moodyscre
Added: Jun 1 Updated: Jul 20 at 8:04PM Checked: Jul 20 at 8:04PM
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 NAI Realvest | Orlando
Investment Insights
Based on property information with market context.
This office building totals approximately 1,900 square feet and includes a lobby/reception area, seven offices, a conference room, and two restrooms. The building has been regularly updated.
The property sits on a 0.36-acre site with 20 parking spaces. It is located near the Orlando Health Campus, and is described as being within about 5 minutes of I-4 and approximately 3 minutes of SR 408.
The current tenant is Delaney Park Law Office, and the tenant would consider staying. The site is noted as an oversized lot with extra parking, and the property is also positioned as an option for redevelopment. Estimated operating expenses are listed at $5.00/SF.
The property sits on a 0.36-acre site with 20 parking spaces. It is located near the Orlando Health Campus, and is described as being within about 5 minutes of I-4 and approximately 3 minutes of SR 408.
The current tenant is Delaney Park Law Office, and the tenant would consider staying. The site is noted as an oversized lot with extra parking, and the property is also positioned as an option for redevelopment. Estimated operating expenses are listed at $5.00/SF.
Key Highlights
- 1,900± SF office building with lobby/reception, 7 offices, conference room, and 2 restrooms
- 0.36± acre site with 20 parking spaces (10/1,000 parking ratio)
- Close to Orlando Health Campus (ORMC, Arnold Palmer & Winnie Palmer Hospitals)
Local Financial Insights For Office B
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 | $57.0k | $30.00 |
| − Vacancy | −$9.7k | −$5.10 |
| EGI | $47.3k | $24.90 |
| − OpEx | −$11.8k | −$6.23 |
| NOI | $35.5k | $18.67 |
1,900 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$506.9K
$443.5K – $591.4K
NOI $35,483 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$612.1K
$535.6K – $714.1K
NOI $42,844 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Small office building offering a lobby/reception, seven offices, and a conference room with 20 parking spaces.
Where is this office units located?
The property is located at 924 Delaney Ave Orlando, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 1,900± SF office building with lobby/reception, 7 offices, conference room, and 2 restrooms; 0.36± acre site with 20 parking spaces (10/1,000 parking ratio); Close to Orlando Health Campus (ORMC, Arnold Palmer & Winnie Palmer Hospitals)
