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Property profile

2716 Rew Cir Ocoee, FL 34761

FOR LEASE
Office buildings
Property ID
US18-6106594
4,824 SF 0.41 ac lot Built 1993
Entity Owned 1-yr Hold ~ Est. High Equity
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2716 Rew Cir, Ocoee, FL 34761 For Lease
$2,500/Mo
2716 Rew Cir, Ocoee, FL 34761
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1993
Total area 4,824 SF
Lot 0.41 ac (17,760 SF)
Zoning code I-1
APN 29-22-28-9159-00-090
UPID US18-6106594

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
  • Civil Engineer
  • Physician
  • Physician
  • Physician Medical Clinic
  • Consultant

Location

2716 Rew Cir Ocoee, FL 34761
Ocoee metro Census 14804 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.22M

Owner & transaction history

since 2025
Last sale
$1.5M
2 recorded transactions
2025
$1.5M
2024
$1.5M

Zoning & alternative use

I-1 · Ocoee, FL
Zoning description

I-1 Light Manufacturing and Warehousing I-2 Heavy Industrial Planned Unit Develo pment (PUD) District B. District Descriptions Following is a description of each district: ( 1 ) A-1 General Agricultural District. This di…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $1.7M +7.8%
Auto repair, garage $1.6M +5.4%

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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