Technical
Financial
Distress signals
Property profile

3210 Lk Emma Rd Lake Mary, FL 32746

OFF-MARKET
Office buildings
Property ID
US18-8142263
95,076 SF 23.3 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 92,127-square-foot office building, situated on 23.3 acres in the prestigious Lake Mary, Florida, offers a compelling value-add investment opportunity. Built in 1996 and renovated between 2014 and 2017, the three-story building features a central core design with existing interior corridors, allowing for flexible space configurations to accommodate a variety of tenant sizes. Currently, the multi-tenant property boasts 35% occupancy with a net operating income (NOI) of $299,388. The property's M-1A zoning permits redevelopment, presenting a significant opportunity for repositioning or new construction. The ample 6.5 parking spaces per 1,000 square feet is a key competitive advantage. Additional features include a building generator ensuring 100% redundancy, and a loading dock with two overhead doors and a convenient truck well design, serviced by a freight elevator. Located in the affluent Lake Mary submarket within the Orlando MSA, the property benefits from a strong demographic profile, with a 3-mile radius boasting an average household income of $147,309 and a population of 54,481. The area's upscale residential neighborhoods, top-rated schools, and abundant corporate amenities, including Topgolf and numerous restaurants and shopping options, create a highly desirable location for businesses and employees. This property presents a unique chance to capitalize on a prime location and strong market fundamentals.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1996
Construction CONCRETE
Total area 95,076 SF
Lot 23.3 ac (1,014,948 SF)
APN 18-20-30-300-007C-0000
UPID US18-8142263

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
  • Insurance Agency
  • Insurance Agency
  • Translation Service
  • Corporate Office
  • Corporate Office

Location

3210 Lk Emma Rd Lake Mary, FL 32746-3359
Lake Mary metro Census 20808 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.07M

Owner & transaction history

since 2025
Last sale
$6.0M
3 recorded transactions
2025
$6.0M
2019
Price N/A
2019
$15.0M

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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