5405 Diplomat CirOrlando, FL 32810

Property Details for 5405 Diplomat Cir

Year built

1970

Lot size

1.62 AC

Property size (Sq ft)

31,972 SF

Zone code

RSTD C-2

Property type

Office properties

Property subtype

Office buildings

APN

02-22-29-6304-02-000

APU

22229630402000

Description

This exceptional 5,228 square foot office suite is located in a Class B building at 5405 Diplomat Circle, Orlando, FL 32810. Built in 2022 and renovated in 2023, the property boasts prime Interstate 4 frontage with high visibility and accessibility. The building features a total of 29,484 square feet, one elevator, and 95 parking spaces (shared parking lot). The suite is part of a multi-tenant building, with the remaining space occupied by a major tenant. This location offers easy access to Downtown Orlando, Winter Park, Maitland, Altamonte Springs, and other Central Florida areas. The property sits on a 1.624-acre lot and is zoned C-2/General Commercial. The minimum lease term is five years, with a preferred term of ten years. The asking rent is $35 per square foot. The building is situated near the Orlando Regional Realtor Association's new headquarters. This is the last available space of this size in the building.

• CAP approach

  CAP return

  Valuation

  6%

  $4,947,459

  6.5%

  $4,566,886

  7%

  $4,240,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,020,563

  Geo Method

  $5,020,563

• Alternative Use

  Use

  Valuation

  Residential

  $5,662,938

  Hospitality

  $5,187,220

  Educational

  $4,315,706

  Medical

  $4,464,130

  Retail

  $6,713,322

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.6103

Longitude

-81.3875

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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