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

    5750 Major Blvd Orlando, FL 32819

    • Office buildings
    • 92,766 SF
    • 3.38 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3235685
    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

    • Florida Department of Agriculture and Consumer Services / State Government Office
    • Passur Aerospace Inc / Software Company
    • BOLAD ARTHRITIS & RHEUMATOLOGY CLINIC / Medical Clinic / Doctor
    • Tropical Vacation Resort / Real Estate Agency / Resort Hotel
    • Crystal Clear Digital Marketing / Advertising Agency / Internet Marketing Service

    Property Details for 5750 Major Blvd

    Year built
    1972
    Lot size
    3.38 lot acres
    Property size
    92,766 SF
    Zone code
    AC-3
    Property type
    Office buildings
    APN
    18-23-29-5401-01-000
    APU
    182329540101000

    Description

    Major Plaza II offers exceptional office space in Orlando, Florida, with two available suites ranging from 1,435 to 2,942 square feet. This multi-tenant building is ideally situated at 5750 Major Blvd, Orlando, FL 32819, in Orange County. The property's traditional office design is also suitable for medical office use. Its central location provides unparalleled access to major transportation arteries, including I-4, the Florida Turnpike, and Kirkman Road. This strategic position places businesses within easy reach of significant attractions and commercial hubs, such as Universal Orlando Resort, The Mall at Millenia, and International Drive. The building itself offers valuable on-site amenities designed for tenant convenience and security, including on-site security personnel and a dedicated on-site maintenance team. This combination of prime location, flexible space options, and convenient amenities makes Major Plaza II an attractive opportunity for businesses seeking a thriving and accessible location in Central Florida. The property is categorized as a traditional office building, but its design and amenities are also well-suited for medical office practices.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $19,861,000
      Market price range: $19.9M - $42.3M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $28,450,000
      Current use
      AUTO REPAIR, GARAGE
      $30,940,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $27,840,000
      Change: -2% Conversion: Easy
      WAREHOUSE, STORAGE
      $24,900,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $23,585,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4551
    Latitude
    28.4788
    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
    $204,965
    $2,814,642
    $8,824,839
    $11,639,481
    -
    $2,814,642
    $8,824,839
    $11,639,481

    Comparable in this City

    • Value Estimation
      $11,255,000
      40,622 SF

      6050 Universal Blvd

      OFFICE BUILDING (MULTI-STORY) • 40,622 SF
      6050 Universal Blvd, Orlando, FL 32819-7611
      View Details
    • Value Estimation
      $3,975,000
      13,061 SF

      4760 Sand Lk Rd

      OFFICE BUILDING • 13,061 SF
      4760 Sand Lk Rd, Orlando, FL 32819-9538
      View Details
    • Value Estimation
      $39,010,000
      122,779 SF

      9395 John Young Pkwy

      OFFICE BUILDING (MULTI-STORY) • 122,779 SF
      9395 John Young Pkwy, Orlando, FL 32819-8612
      View Details
    • Value Estimation
      $6,555,000
      24,552 SF

      8553 Commodity Cir

      OFFICE BUILDING (MULTI-STORY) • 24,552 SF
      8553 Commodity Cir, Orlando, FL 32819-9002
      View Details
    • Value Estimation
      $1,050,000
      3,772 SF

      8522 Commodity Cir

      PROFESSIONAL BUILDING • 3,772 SF
      8522 Commodity Cir, Orlando, FL 32819-9001
      View Details
    • Value Estimation
      $1,270,000
      4,504 SF

      8793 Commodity Cir

      PROFESSIONAL BUILDING • 4,504 SF
      8793 Commodity Cir, Orlando, FL 32819-9005
      View Details

    Similar Nearby for Sale

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      Orlando Office Building For Sale

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      Orlando Flex Office For Sale

      Strategically located flex office space in Orlando's southwest quadrant.
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      Office/Warehouse Space Near Highway 528

      Office/warehouse space with highway access, suitable for investment.
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      Orlando Office Space For Sale

      Office space for sale with ample parking and furniture.
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    Similar Nearby for Lease

    • Contact for pricing
      34,500 SF

      Orlando Office Building Sublease

      Office building available for sublease in Orlando, Florida.
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      View Details
    • $26 SF/Yr
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      Corner Office Building for Lease

      Three-story office building with excellent frontage and ample parking.
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      View Details
    • Contact for pricing
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      Class A Office Space Available

      Move-in ready office space with highway access and fitness center.
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    • $37 SF/Yr
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      Class A Office Space Available

      Luxury office building with high-end finishes and convenient location.
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      Orlando Office Space Available

      Available office space in Orlando, Florida.
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      Office Building For Rent

      Office building with 143,718 square feet available for rent.
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      View Details
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    5750 Major Blvd
    Orlando, FL 32819
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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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