525 Altamonte DrAltamonte Springs, FL 32701

Property Details for 525 Altamonte Dr

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

0.80 AC

Property size (Sq ft)

7,256 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

12-21-29-5BE-0000-5490

APU

1221295BE00005490

Description

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.

• 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

Property Tax & Assessments

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].