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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    529 Crown Point Rd Ocoee, FL 34761

    • Office buildings
    • 55,594 SF
    • 3.02 lot acres
    For Lease
    View listing
    $40 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6293647
    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

    • The Centrum Meeting Center / Conference Center / Trade Show Venue
    • WPC (Winter Park Construction) / Construction Company
    • Boyer Building Corporation / Construction Company
    • Ellie Mental Health / Crisis Center / Medical Clinic
    • Boyer Building Corp. / Construction Company / General Contractor

    Property Details for 529 Crown Point Rd

    Year built
    2020
    Lot size
    3.02 lot acres
    Property size
    55,594 SF
    Zone code
    PUD-IND
    Property type
    Office buildings
    APN
    13-22-27-0004-01-001
    APU
    132227000401001

    Description

    This exceptional Class A office building, totaling 55,000 square feet, offers flexible spaces ideal for various businesses. Located in Ocoee, Florida, at 529 E Crown Point Rd, this two-story building sits on a 4.48-acre lot and provides convenient access to major roadways including State Road 429, State Road 408, and the Florida Turnpike. The property boasts ample parking with a 4/1,000 ratio and is situated near AdventHealth for Children and Orlando Health Regional Hospital, as well as the amenities of Downtown Winter Garden and Winter Garden Village. Multiple tenancy options are available, with a minimum divisible space of 2,295 square feet and a maximum contiguous space of 4,276 square feet. Currently, 12,770 square feet of space is vacant, including one immediately available suite of approximately 2,503 square feet. The building is suitable for both traditional office and medical office uses. This property presents a unique opportunity in a rapidly growing area of Orange County, Florida, known for its family-friendly environment and thriving business community. The building's prime location and modern amenities make it an attractive option for businesses seeking a high-quality workspace in a desirable location. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,765,000
      6.5%
      $13,630,000
      7%
      $12,655,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $17,353,000
      Market price range: $14.0M - $42.5M
      AI Estimate
      $8,772,000
      Market price range: $3.13M - $13.9M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $17,730,000
      Current use
      COMMERCIAL (GENERAL)
      $19,110,000
      Change: +8% Conversion: Easy
      AUTO REPAIR, GARAGE
      $18,685,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $14,805,000
      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
    -81.5602
    Latitude
    28.5781
    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
    $175,431
    $1,053,460
    $10,411,430
    $11,464,890
    -
    $1,053,460
    $10,411,430
    $11,464,890

    Comparable in this City

    • Value Estimation
      $1,495,000
      6,889 SF

      2650 Maguire Rd

      PROFESSIONAL BUILDING • 6,889 SF
      2650 Maguire Rd, Ocoee, FL 34761-4752
      View Details
    • Value Estimation by Request
      1,950 SF

      50 Clarke Rd

      OFFICE BUILDING • 1,950 SF
      50 Clarke Rd, Ocoee, FL 34761-9004
      View Details
    • Value Estimation
      $1,545,000
      8,434 SF

      9580 Colonial Dr

      PROFESSIONAL BUILDING • 8,434 SF
      9580 Colonial Dr, Ocoee, FL 34761-6947
      View Details
    • Value Estimation
      $1,880,000
      7,426 SF

      11001 Colonial Dr

      PROFESSIONAL BUILDING • 7,426 SF
      11001 Colonial Dr, Ocoee, FL 34761-2975
      View Details
    • Value Estimation
      $9,475,000
      22,828 SF

      10131 Colonial Dr

      PROFESSIONAL BUILDING • 22,828 SF
      10131 Colonial Dr, Ocoee, FL 34761-4209
      View Details
    • Value Estimation
      $2,310,000
      8,250 SF

      2940 Maguire Rd

      PROFESSIONAL BUILDING • 8,250 SF
      2940 Maguire Rd, Ocoee, FL 34761-4751
      View Details

    Similar Nearby for Sale

    • $2,100,000
      7,568 SF

      Industrial/Office/Medical Property Near SR 429

      Freestanding industrial/office/medical property near SR 429 and Highway 50.
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    • $1,075,000
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      Prime Medical Office Space near Health Central
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    • $499,000
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      Ocoee Commercial Land - $499K

      High-traffic corner lot, build-to-suit.
      0 Silver Star Rd, Ocoee, FL 34761
      View Details
    • $675,000
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      Commercial Land Near State Road

      3.38 acres of commercial land available off State Road 429.
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    • $425,000

      Ocoee Specialty Property for Sale

      Specialty property available for purchase in Ocoee, Florida.
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    • $100,000
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      Established Restaurant & Catering Operation

      Restaurant and catering business for sale in Ocoee, Florida.
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    Similar Nearby for Lease

    • New
      $8,500 /Mo
      4,040 SF

      Freestanding Ocoee Industrial/Office/Medical Property

      Industrial/Office/Medical property seconds from SR 429 and Highway 50.
      801 Marshall Farms Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      1,314 SF

      Ocoee Office Space Available

      1314 square feet of office space for lease.
      2910 Maguire Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      2,002 SF

      Medical Office Space For Rent

      Medical office space adjacent to Health Central Hospital.
      10125 W Colonial Dr, Ocoee, FL 34761
      View Details
    • $5,283 /Mo
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      Salon Spa Suite in Ocoee

      Meticulously designed suite with modern interior, ideal for various uses.
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    • $384 /Mo
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      Ocoee Medical Office Space for Lease

      Turn-key medical office, prime location.
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      View Details
    • $23 SF/Yr
      46,780 SF

      West Orange Medical Office Complex

      Prime Ocoee Medical/Office Space Available
      10131 Colonial Dr, Ocoee, FL 34761
      View Details
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    529 Crown Point Rd
    Ocoee, FL 34761
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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