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Property profile & analytics

2716 Rew Cir Ocoee, FL 34761-4201

  • Office buildings
  • 4,824 SF
  • 0.41 lot acres
OFF-MARKET
Last Sale
Mar 04, 2025
$1,525,000
Value Estimations
$1,290,000
Show details
Cap Rate Potential
6.3%
Office buildings
Location Intelligence
Property ID
US18-6106594
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Windermere Engineering Services Inc / Civil Engineer
  • Adnan A Physicians Stat Lab Nh / Physician
  • Jensine Caudill / Physician
  • Lombardo Marina Holistic Psychotherapy / Physician / Medical Clinic
  • colina & associates / Consultant

Property Details for 2716 Rew Cir

Year built
1993
Lot size
0.41 lot acres
Property size
4,824 SF
Zone code
I-1
Property type
Office buildings
APN
29-22-28-9159-00-090
APU
292228915900090

Description

This exceptional 4,624 square foot free-standing office building presents a rare opportunity in desirable Ocoee, Florida. Located at 2716 Rew Cir, Ocoee, FL 34761, this two-story building sits on a 0.41-acre lot and offers a versatile layout ideal for owner-users or investors. Currently vacant, the property features three units, with 4,000 square feet on the ground floor and an additional 624 square feet upstairs, perfect for overflow or storage. Built in 1993, the block and stucco structure boasts a metal roof and ample parking with 20 open spaces and two carport spaces. Three 4-ton AC systems, installed in 2013, ensure climate control. The property is zoned for office low-rise use and is situated in a small professional office park near Orlando Health Central Hospital, offering easy access to major roadways including US Hwy 50, the Florida Turnpike, and Hwy 429. The asking price is $1,625,000, translating to $351.43 per square foot. The property includes a monument sign and is fenced, providing privacy and security. Minor maintenance is needed, according to inspection reports. The building utilizes a septic sewage system. Available for occupancy on October 25, 2024. This property's location and features make it an attractive investment, particularly given the limited inventory of comparable properties in the area. The strong potential for leasing to a single tenant or multiple sub-tenants makes this a compelling opportunity for both owner-occupiers and investors. The property's parcel number (APN) is 29-22-28-9159-00-090.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,215,000
    ML approach
    $1,175,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,280,000
    6.5%
    $1,185,000
    7%
    $1,100,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,602,000
    Market price range: $1.21M - $3.69M
    AI Estimate
    $809,000
    Market price range: $272k - $1.21M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,540,000
    Current use
    COMMERCIAL (GENERAL)
    $1,660,000
    Change: +8% Conversion: Easy
    AUTO REPAIR, GARAGE
    $1,620,000
    Change: +5% Conversion: Difficult
    RETAIL STORES
    $1,285,000
    Change: -16% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Ocoee
County
Orange
State
Florida
Longitude
-81.5375
Latitude
28.5501
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,676
$124,318
$934,117
$1,058,435
-
$124,318
$934,117
$1,058,435
More about this property
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