Free-Standing Medical Office
For Sale
Contact for pricing
954 Lake Baldwin Ln, Orlando, FL 32814
Free-standing medical office features a large patient lobby and 13 exam rooms with sinks.
Property Size3,437 SF
Price / SF$487.34
Days on Market740
Property Features for 954 Lake Baldwin Ln
General Information
Standard status
Active
Size
3,437 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Colonial Town Center
Amenities
large lobby
13 exam rooms
2 showers & hydrotherapy room
high-end finishes
wood floors
10’+ ceilings
8’ tall solid core doors
private owner/physician exit
ADA ramp
building signage
Listing Agency:
City Commercial
(407) 644-2489
Listed By:
Lee Zerivitz
(407) 929-3598
Source:
Moodyscre
Added: Oct 16, 2024
Changed: Oct 2
Last Checked: Oct 24 at 8:36PM
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 City Commercial
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Investment Insights
Based on property information with market context.
This free-standing medical/office building is in immaculate condition and designed for an efficient patient experience. The layout includes a large lobby with traditional patient check-in and check-out, 13 exam rooms with sinks, and amenities such as two showers and a hydrotherapy room. The interior features high-end finishes, wood floors, and 10+ foot ceilings, with 8’ tall solid core doors and a dedicated ADA ramp in place. A private owner/physician exit supports controlled access, and building signage is available.
The property offers ample parking and is positioned among professional uses in Baldwin Park.
Operational flexibility is reflected in the current configuration, with potential for a two-user setup supported by two separate electric meters.
The property offers ample parking and is positioned among professional uses in Baldwin Park.
Operational flexibility is reflected in the current configuration, with potential for a two-user setup supported by two separate electric meters.
Key Highlights
- Free‑standing medical/office building with large patient lobby and traditional patient check‑in/out area
- 13 exam rooms with sinks, plus 2 showers and a dedicated hydrotherapy room
- High‑end interior finishes including wood floors and 10'+ ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,186
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,720
$1.3M
Cap Rate 7%
$916,943
$916.9K
Cap Rate 9%
$713,178
$713.2K
Market Conditions
NOI Build-Up for 3,437 SF
Gross rent
$103.1K $30.00/SF
− Vacancy
−$17.5K −$5.10/SF
EGI
$85.6K $24.90/SF
− OpEx
−$21.4K −$6.23/SF
NOI
$64.2K $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 Rate 5%
$1,283,720
Cap Rate 7%
$916,943
Cap Rate 9%
$713,178
Alternative Uses
Best Use
Office B
$916.9K
$802.3K – $1.07M
NOI $64,186 @ 7.0% cap · market cap 3.83%
Second Best
Healthcare Medical
$700.0K
$612.5K – $816.6K
NOI $48,998 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.11M
$968.8K – $1.29M
NOI $77,502 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32814, FL
9,218
Population
4,533
Households
2
Avg Household Size
35
Median Age
81%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
7,682
Density / Sq Mi
$129,712
Median Household Income
$67,578
Median Earnings
$2,224
Median Rent
$751,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
Similar Off Market Nearby
- PetSmart Veterinary Services - Orlando (Fashion Square Mall) — 3232 E Colonial Dr, Orlando, FL 32803
- Banfield Pet Hospital — 4900 E Colonial Dr, Orlando, FL 32803
- Animal Hospital at Baldwin Park — 946 Lake Baldwin Ln, Orlando, FL 32814
Frequently Asked Questions
What type of property is this?
Medical Office Space - Free-standing medical office features a large patient lobby and 13 exam rooms with sinks.
Where is this medical office space located?
The property is located at 954 Lake Baldwin Ln Orlando, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Free‑standing medical/office building with large patient lobby and traditional patient check‑in/out area; 13 exam rooms with sinks, plus 2 showers and a dedicated hydrotherapy room; High‑end interior finishes including wood floors and 10'+ ceilings
