For Sale
$2,800,000

105 Melody LnCasselberry, FL 32707

O'Reilly Auto Parts & Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 28,060 square foot retail property situated on a 2.18-acre lot in Casselberry, Florida. The property features a credit-rated O'Reilly Auto Parts store as its primary tenant, operating under a net lease with approximately 2 years remaining on the current term. Two additional vacant buildings offer significant redevelopment potential, allowing for expansion or diversification of the property's income stream. Built in 1962 and renovated in 1983, the property boasts excellent visibility along US-17, with high daily traffic volume exceeding 53,000 vehicles. The location benefits from a dense population base, with over 237,054 residents within a 5-mile radius and an average household income of $102,277. The asking price is $2,800,000, translating to $99.79 per square foot. This multi-tenant property offers a compelling blend of existing income and future development prospects in a prime location just 12 miles from Orlando. The property's current occupancy is 31%, with three total units. Detailed financial and lease information for the O'Reilly Auto Parts tenant is available upon request. This is a rare opportunity to acquire a substantial retail property with strong existing tenancy and significant upside potential in a thriving Florida market.

Highlights

  • 2.18-acre parcel with O'Reilly Auto Parts and two vacant buildings.
  • High-density demographics: 237,054 residents within a 5-mile radius.
  • Financial and lease details for O'Reilly Auto Parts available upon request.
  • Excellent visibility on US-17, with 53,000 vehicles passing daily.
  • High average household income of $102,277 within a 5-mile radius.
  • O'Reilly Auto Parts is a major national automotive parts retailer.

Property Details for 105 Melody Ln

Property type
Retail properties, Retail space
Square Feet
28,060 SF
Year Built/Renovated
1962/1983
Lot Size (sq. ft)
94,961 SF
Units
3

Location Insight

City
Casselberry
County
Seminole
State
Florida
Latitude
28.6730343
Longitude
-81.3384409
105 Melody Ln, Casselberry, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
105 Melody Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message