Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Narcoossee Rd Orlando, FL 32832
    Back to Search
    Property profile & analytics

    Narcoossee Rd, Orlando, FL 32832

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Narcoossee Rd

    Property type
    Land

    Description

    This exceptional 2+ acre commercial land parcel presents a rare opportunity for investors and developers. Situated directly on Narcoossee Road in Orlando, Florida, this property boasts a highly desirable location with excellent visibility and accessibility. The permitted zoning is KB3 General Commercial, offering a wide range of potential uses. This off-market listing presents a unique chance to acquire a significant land holding in a thriving area of Orlando. The seller is highly motivated, making this an attractive investment prospect. The property's address is on Narcoossee Road, within Orange County, Florida, and uses the 32832 zip code. Its precise coordinates are latitude 28.385294002332213 and longitude -81.24366464256201. Given its size and location, this property is well-suited for a variety of commercial developments, offering significant potential for future growth and return on investment. The property is currently listed as off-market, indicating a potentially exclusive opportunity for serious buyers. Interested parties should act quickly to secure this exceptional commercial land offering. This is a truly remarkable opportunity to acquire a substantial commercial property in a prime Orlando location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.2437
    Latitude
    28.3853

    Comparable in this City

    • Value Estimation by Request
      13.00 Acres

      Fl-528

      Land
      0 Fl-528, Orlando, FL 32832
      View Details
    • Value Estimation by Request

      11763 Narcoossee Rd

      Land
      11763 Narcoossee Rd, Orlando, FL 32832
      View Details
    • Value Estimation by Request
      61.00 Acres

      Moss Park Rd

      Land
      0 Moss Park Rd, Orlando, FL 32832
      View Details
    • Value Estimation by Request
      3.76 Acres

      Moss Preserve Pkwy

      VACANT COMMERCIAL LAND
      Moss Preserve Pkwy, Orlando, FL 32832
      View Details
    • Value Estimation by Request
      3.00 Acres

      Wellness Way

      VACANT COMMERCIAL LAND
      Wellness Way, Orlando, FL 32832
      View Details
    • Value Estimation by Request
      1.39 Acres

      13250 Narcoossee Rd

      VACANT COMMERCIAL LAND
      13250 Narcoossee Rd, Orlando, FL 32832-7113
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakefront Lot on Lake Mary

      Lakefront lot with permits, wells, and boat dock.
      12518 S Lake Mary Jane Rd, Orlando, FL 32832
      View Details
    • $950,000
      2.03 Acres

      Two Acres in Lake Nona

      Two-acre parcel in Lake Nona near Medical City.
      Kirby Smith Rd, Orlando, FL 32832
      View Details
    • New
      $1,150,000
      Pending

      Lakefront Land on Lake Mary

      Lakefront lot with permits, wells, and boat dock.
      12518 S Lake Mary Jane Rd, Orlando, FL 32832
      View Details
    • Contact for pricing

      Prime Commercial Outparcel For Sale

      0.99 AC outparcel near major retailers with high traffic.
      12211 Narcoossee Rd, Orlando, FL 32832
      View Details
    • Contact for pricing
      Pending

      Renovated Two-Story Condominium Near Medical

      Fully renovated 3-bedroom condominium with modern amenities and convenient location.
      10758 Garden Lily Dr, Orlando, FL 32832
      View Details
    • Contact for pricing
      1,722 SF

      Randal Park Townhouse with Upgrades

      Townhouse in Randal Park with modern upgrades and community amenities.
      8521 Vedder Ln, Orlando, FL 32832
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lake Nona Retail Outparcels

      Two retail parcels in rapidly expanding Lake Nona area.
      10006 Wellness Way, Orlando, FL 32832
      View Details
    • Contact for pricing

      Prime Retail/Restaurant Opportunity in Orlando

      Exceptional ground lease/sale opportunity in a strategic Orlando location.
      9348 Dowden Rd, Orlando, FL 32832
      View Details
    • Contact for pricing

      Lake Nona Retail Outparcels

      Two retail outparcels in Lake Nona for lease.
      11809 Narcoossee Rd, Orlando, FL 32832
      View Details
    • Contact for pricing

      Commercial Land Near Retail Development

      Commercial land for rent near Narcoossee Cove development.
      11763 Narcoossee Rd, Orlando, FL 32832
      View Details
    • Contact for pricing

      Lake Nona Retail Outparcels

      Two retail outparcels in Lake Nona for lease.
      11807 Narcoossee Rd, Orlando, FL 32832
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Narcoossee Rd
    Orlando, FL 32832
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Narcoossee Rd, Orlando, FL, 32832
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!