400 State Road 436Casselberry, FL 32707

  • Retail properties
  • 17,748 SF
For Sale
$12,500,000 View listing

Property Details for 400 State Road 436

Year built
1973
Construction
CONCRETE BLOCKS
Lot size
3.07 AC
Property size (Sq ft)
17,748 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
17-21-30-511-0E00-0000
APU
1721305110E000000

Description

This exceptional investment opportunity presents a 60,720 square foot mixed-use plaza strategically located on State Road 436 in Casselberry, Florida. The property encompasses 3.07 acres of prime real estate and features four separate buildings housing 33 rental units. Its prominent position on a major thoroughfare ensures unparalleled visibility and high foot traffic, making it an ideal location for a variety of commercial ventures. The plaza boasts an impressive 500 feet of frontage along State Road 436, maximizing exposure to potential customers. This high-demand area offers significant growth potential, making this a lucrative investment for discerning buyers seeking a strong return. The existing rental units provide immediate cash flow, while the substantial size and location offer ample opportunities for expansion, redevelopment, or repositioning to suit a variety of business needs. The property's scale and strategic placement within a thriving Central Florida community present a rare opportunity to acquire a significant commercial asset with substantial upside. This is a turnkey investment ready for immediate income generation and future growth. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,440,980
    6.5%
    $4,099,367
    7%
    $3,806,555
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,992,648
    Geo Method
    $4,992,648
  • Alternative Use

    Use
    Valuation
    Residential
    $3,457,969
    Hospitality
    $3,167,481
    Educational
    $2,635,307
    Medical
    $2,725,940
    Retail
    $4,099,367
400 State Road 436, Casselberry, Florida

Location Insight

City
Casselberry
County
Seminole
State
Florida
Latitude
28.6548
Longitude
-81.3315
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
$50,043
-
-
$2,944,800
-
$1,532,534
$1,412,266
$2,944,800

FAQs

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