1160 State Road 436Forest City, FL 32714

  • Retail properties
  • 10,468 SF
For Lease
$22.91/SF/YR View listing

Property Details for 1160 State Road 436

Year built
1960
Construction
CONCRETE BLOCKS
Lot size
0.46 AC
Property size (Sq ft)
10,468 SF
Property type
Retail properties
Property subtype
Community centers
APN
17-21-29-502-0A00-0240
APU
1721295020A000240

Description

This exceptional 1100-square-foot retail space is ideally situated on State Road 436 in Altamonte Springs, Florida, offering unparalleled visibility and high foot traffic. Previously occupied by a shipping business and a liquor store, the property boasts flexible space adaptable to various retail needs. The existing infrastructure includes a 12x12 walk-in cooler, chest cooler, point-of-sale register, displays, and racks—all in excellent condition, minimizing build-out costs. Its prime location on SR 436 ensures high exposure and prominent signage opportunities, attracting significant customer engagement. The property provides convenient accessibility for customers and deliveries, with ample parking available. Located in Seminole County, with a 32714 zip code, this single-tenant space is perfect for businesses seeking a high-visibility location with strong growth potential. Available November 1st. This convenience store-suitable space presents a unique opportunity to establish a thriving retail presence in a bustling commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,619,348
    6.5%
    $2,417,860
    7%
    $2,245,155
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,944,728
    Geo Method
    $2,944,728
  • Alternative Use

    Use
    Valuation
    Residential
    $2,039,555
    Hospitality
    $1,868,221
    Educational
    $1,554,338
    Medical
    $1,607,794
    Retail
    $2,417,860
1160 State Road 436, Forest City, Florida

Location Insight

City
Altamonte Springs
County
Seminole
State
Florida
Latitude
28.6662
Longitude
-81.4299
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,310
-
-
$1,375,879
-
$699,665
$676,214
$1,375,879

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