Gravenstein and Castrilli Close $1.5M Medical Office Sale

First Capital Property Group has completed the $1,500,000 sale of a 3,034-square-foot medical office building at 311 East Evans Street, Orlando, FL 32804. RCO Holdings acquired the property.

FCPG Vice Presidents of Brokerage Services, Michael Castrilli and Trey Gravenstein, brokered the transaction.

The sale priced out to roughly $494 per square foot, a mark that reflects steady demand for well-located medical office space in Orlando’s core. Sitting in the College Park area just off North Orange Avenue, the building lands in one of the city’s established medical corridors, close to major hospitals and healthcare providers, exactly the kind of address that keeps drawing owner-users and investors to the sector.

Medical office has been one of the more resilient corners of the commercial market, and a 3,000-square-foot standalone building in a proven location is a tough asset to find. FCPG brought the deal together and got it to the closing table on terms that worked for both sides.

First Capital Property Group is a Full-Service Real Estate company leasing and managing over 2 million square feet of commercial property in Central Florida. The information contained herein is believed to be reliable; however, First Capital makes no representations or warranties, expressed or implied, regarding its accuracy. ©2026 First Capital Property Group – Licensed Real Estate Brokers.
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