Technical
Financial
Distress signals
Property profile

10131 W Colonial Dr Ocoee, FL 34761

FOR LEASE
Office buildings
Property ID
US18-4149421
22,828 SF 1.1 ac lot Built 2001
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a two-building, Class B medical office complex in Ocoee, Florida. The West Orange Professional Center boasts a total of 46,780 square feet of leasable space, strategically situated at 10131 W Colonial Dr, 34761. Built in 2001, the property features two two-story buildings, offering multiple tenancy options. Its convenient location directly across from Orlando Health - Health Central Hospital provides unparalleled access to a significant patient base and medical professionals. The property benefits from ample parking, ensuring convenience for tenants and visitors. Excellent access to major roadways, including I-4, the Florida Turnpike, and State Road 408, enhances its appeal and accessibility. The property is zoned C1 & C2, allowing for a variety of commercial and medical uses. This well-maintained complex presents a strong investment opportunity for those seeking a prime location in a thriving medical corridor. The property's size and layout offer flexibility for various business needs, making it an ideal choice for established practices or new ventures seeking a high-visibility location. The combination of its prime location, ample parking, and convenient access to major transportation routes makes this property a highly desirable asset.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2001
Total area 22,828 SF
Lot 1.1 ac (48,008 SF)
Zoning code C-2
APN 20-22-28-0000-00-051
UPID US18-4149421

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Alternative Medicine Practice
  • Ophthalmologist

Location

10131 W Colonial Dr Ocoee, FL 34761
Ocoee metro Census 14906 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.80M
Blend (final) Blend
$11.19M

Owner & transaction history

since 2021
Last sale
$9.5M
3 recorded transactions
2021
$9.5M
2016
$3.8M
2004
$5.8M

Zoning & alternative use

C-2 · Ocoee, FL
Zoning description

C-2 Community Commercial C-3 General Commercial Industrial Districts: I-1 Light Manufacturing and Warehousing I-2 Heavy Industrial Planned Unit Develo pment (PUD) District B. District Descriptions Following is a descript…

General category COMMERCIAL
Top alternative use upside
Restaurant $11.1M +51.9%
Industrial (general) $9.5M +30.3%
Commercial (general) $7.9M +7.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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