For Sale
$3,000,000

610 Wymore RdMaitland, FL 32751

Prime Maitland office building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A, two-story office building in Maitland, Florida, presents a compelling investment opportunity. Spanning 15,985 square feet, the property boasts a stabilized investment profile with a current NOI of $229,957 and a pro-forma NOI of $276,000, translating to a 7.67% cap rate and a pro-forma cap rate of 9.20%. The asking price is $3,000,000, resulting in a price per square foot of $187.68. Located at 610 Wymore Rd, 32751, within the Maitland Professional Office Village, this multi-tenant building (currently 77% occupied with two tenants across three units) offers convenient access to I-4 and the Maitland SunRail Station. Recent capital improvements include lobby renovations. Each floor features separate bathrooms, and a receptionist desk is situated on the ground floor. The property is zoned PD and allows for rent bumps. This versatile building is well-suited for various office uses, including executive, medical, and traditional office spaces. The owner/user investment sub-type makes this a particularly attractive option.

Property Details for 610 Wymore Rd

Property type
Office properties, Medical offices
Square Feet
15,985 SF
Class
A
Buildings
1
Stories
2
Units
3

Location Insight

City
Maitland
County
Orange
State
Florida
Latitude
28.631573
Longitude
-81.3845768
610 Wymore Rd, Maitland, Florida

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610 Wymore Rd
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