The Palm Springs Center, located at 525 E Altamonte Dr, Altamonte Springs, FL 32701, offers exceptional medical office space for lease. This 126,446 square foot retail and office complex, situated on an expansive 11.95-acre lot, presents a unique opportunity for medical professionals. The property features multiple tenancies, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, 4,000 square feet of space is vacant and immediately available. Two spaces are currently available, ranging from 2,000 to 6,000 square feet. One space is a 2,000 square foot shell space, ready for tenant build-out. Another option is a 6,000 square foot former Humana Insurance office, perfectly suited for a variety of medical uses, including veterinary clinics or spas. The property's prime location in Altamonte Springs, Florida offers excellent visibility and accessibility. This is an ideal opportunity to establish or expand your medical practice in a thriving community. Interested parties should inquire about lease terms and availability.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,815,627
6.5%
$1,675,964
7%
$1,556,252
Comparable approach
Method
Valuation
Relative Method
$2,041,168
Geo Method
$2,041,168
Alternative Use
Use
Valuation
Residential
$1,413,738
Hospitality
$1,294,976
Educational
$1,077,405
Medical
$1,114,459
Retail
$1,675,964
Location Insight
City
Altamonte Springs
County
Seminole
State
Florida
Latitude
28.6643
Longitude
-81.3717
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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