105 Melody LnCasselberry, FL 32707

Property Details for 105 Melody Ln

Year built

1962

Lot size

2.18 AC

Property size (Sq ft)

28,060 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Casselberry

County

Seminole

State

Florida

Latitude

28.673

Longitude

-81.3384

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].