Property profile

115 International Pkwy Lake Mary, FL 32746

OFF-MARKET
Office buildings
Property ID
US18-2554514
7,922 SF 0.59 ac lot Built 1995
Individually Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional two-story, 8,900-square-foot executive office building is situated on a 25,700-square-foot lot at 115 International Pkwy, Lake Mary, FL 32746, within the desirable Heathrow submarket of Metro Orlando. Built in 1995, this landmark building offers a prominent business address, ideal for a single corporation, multiple tenants, or subleasing opportunities. The main floor boasts open workspace, four private offices, a conference room, two bathrooms, an IT closet, and a kitchen/breakroom. An attached annex provides seven additional private offices, two bathrooms, and open areas. The upper level, accessible by stairs or elevator, features expansive divided workspaces, private offices, restrooms, and another kitchen/breakroom. High ceilings and abundant natural light enhance the entire space. The property is offered at $5,000,000, representing a compelling 6.72% cap rate with a net operating income (NOI) of $336,000 and a price per square foot of $561.80. The lease type is NNN. This property benefits from a proven history of strong occupancy and rental rates, exceeding those of comparable properties in both the Lake Mary and overall Metro Orlando office markets. The building's location and features make it a truly remarkable investment opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1995
Construction CONCRETE BLOCKS
Total area 7,922 SF
Lot 0.59 ac (25,700 SF)
APN 12-20-29-300-001T-0000
UPID US18-2554514

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
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Spa & Massage Center Alternative Medicine Practice

Location

115 International Pkwy Lake Mary, FL 32746-5007
Lake Mary metro Census 20704 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$2.53M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$2.6M
2017
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.1M +23.4%
Neighborhood: shopping center $1.8M +3.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 International Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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