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

    6200 Lee Vis Blvd Orlando, FL 32822-5147

    • Office buildings
    • 52,998 SF
    • 4.68 lot acres
    OFF-MARKET
    Last Sale
    Nov 30, 2023
    $10,619,600
    Value Estimations
    $10,270,000
    Show details
    Cap Rate Potential
    9.1%
    Office buildings
    Location Intelligence
    Property ID
    US18-0814588
    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

    • First Industrial Realty Trust / Construction / Real Estate Agency
    • RTT Medical / Manufacturer
    • Dr. Arnold Bierman / Hyperbaric Medicine Physician
    • Kindred Pharmacy Services Orlando / Pharmacy
    • My Favorite Therapists / Mental Health Clinic

    Property Details for 6200 Lee Vis Blvd

    Year built
    2004
    Lot size
    4.68 lot acres
    Property size
    52,998 SF
    Zone code
    I-P/AN
    Property type
    Office buildings
    APN
    27-23-30-5070-00-010
    APU
    272330507000010

    Description

    This exceptional 52,619-square-foot flex space property, situated on a 4.68-acre lot in Orlando's Lee Vista corridor, presents a unique investment opportunity. Built in 2004, the single-story building offers a turnkey solution with ample parking (217 spaces). The property is zoned I-P/AN and boasts a convenient location near Semoran Boulevard and the Beachline Expressway (SR 528), just minutes from Orlando International Airport (MCO). Currently available is approximately 5,230 square feet of meticulously maintained space. This area features a thoughtfully designed interior layout including nine private offices, two restrooms, a fully equipped kitchen, a dedicated break room, and an open collaborative workspace, perfect for fostering teamwork and innovation. The client reception area includes an electronically controlled access door for enhanced security. The property's strategic location directly east of Lee Vista Promenade provides employees and clients with easy access to a variety of dining and lodging options. The owner is open to reasonable modifications to the existing layout to better suit a prospective tenant's specific needs. This is a rare opportunity to acquire a well-maintained, strategically located flex space in a thriving Orlando market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,260,000
      ML approach
      $9,570,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $15,485,000
      6.5%
      $14,295,000
      7%
      $13,270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,703,000
      Market price range: $11.4M - $23.9M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $16,780,000
      Current use
      COMMERCIAL (GENERAL)
      $15,905,000
      Change: -5% Conversion: Easy
      RETAIL STORES
      $13,475,000
      Change: -20% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3003
    Latitude
    28.4654
    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
    $143,154
    $2,144,765
    $5,809,206
    $7,953,971
    -
    $2,144,765
    $5,809,206
    $7,953,971

    Comparable in this City

    • Value Estimation
      $7,835,000
      49,713 SF

      7025 Augusta National Dr

      OFFICE BUILDING (MULTI-STORY) • 49,713 SF
      7025 Augusta National Dr, Orlando, FL 32822-5017
      View Details
    • Value Estimation
      $13,445,000
      79,699 SF

      7453 T G Lee Blvd

      OFFICE BUILDING (MULTI-STORY) • 79,699 SF
      7453 T G Lee Blvd, Orlando, FL 32822-4416
      View Details
    • Value Estimation
      $975,000
      3,810 SF

      4906 Patch Rd

      OFFICE BUILDING • 3,810 SF
      4906 Patch Rd, Orlando, FL 32822-3307
      View Details
    • Value Estimation
      $13,250,000
      32,029 SF

      5756 Semoran Blvd

      OFFICE BUILDING • 32,029 SF
      5756 Semoran Blvd, Orlando, FL 32822-4818
      View Details
    • Value Estimation
      $795,000
      3,779 SF

      501 Goldenrod Rd

      PROFESSIONAL BUILDING • 3,779 SF
      501 Goldenrod Rd, Orlando, FL 32822-8123
      View Details
    • Value Estimation
      $1,750,000
      9,890 SF

      900 Goldenrod Rd

      OFFICE BUILDING • 9,890 SF
      900 Goldenrod Rd, Orlando, FL 32822-8113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      123,556 SF

      Single-Story Office Building Near OIA

      123,556 SF office building with excellent access and parking.
      5575 South Semoran Blvd, Orlando, FL 32822
      View Details
    • $15,750,000
      63,537 SF

      Orlando Office Building For Sale

      63,537 SF office building in Orlando, Florida for sale.
      6252 Lee Vista Blvd, Orlando, FL 32822
      View Details
    • $1,300,000
      3,635 SF

      Versatile Industrial/Office Flex Space

      Upgraded industrial/office unit with high-clearance warehouse and flexible office space.
      6457 Hazeltine National Dr, Orlando, FL 32822
      View Details
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      Orlando Retail Investment Opportunity

      High-Grossing Bowling Center on 4.72 Acres
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      View Details
    • $3,077,000
      7.24 Acres

      Prime Orlando Land - McCoy Road

      7.24 Acres, AC-3 Zoning, High Visibility
      6275 Mccoy Rd, Orlando, FL 32822
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      Orlando Industrial Land and Buildings

      4.32 acres of industrial land and buildings for sale.
      4901 Patch Rd, Orlando, FL 32822
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Location Near Vista Palms

      Excellent visibility and access in a rapidly growing area.
      7149 Narcoosee Rd, Orlando, FL 32822
      View Details
    • $1,495 /Mo
      160 SF

      Move-in Ready Office Suites

      Ground-floor office suites in Lee Vista, near Orlando Airport.
      6557 Hazeltine National Dr, Orlando, FL 32822
      View Details
    • $17 SF/Yr
      195,619 SF

      Orlando Flex Space Near MCO

      Prime Flex Space, Two Units Available
      5822 Semoran Blvd, Orlando, FL 32822
      View Details
    • Contact for pricing
      2,500 SF

      Restaurant/Medical Space Near Airport

      Restaurant and medical spaces available near Orlando International Airport.
      6531 Augusta National Dr, Orlando, FL 32822
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    • $16 SF/Yr
      123,556 SF

      Orlando Executive Office Park

      Prime Orlando Office Space Available
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      View Details
    • $48,000

      Orlando Commercial Building For Lease

      Stand-alone commercial building in Orlando with high visibility.
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      View Details
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    6200 Lee Vis Blvd
    Orlando, FL 32822-5147
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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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