400 State Road 436Casselberry, FL 32707
- Retail properties
- 17,748 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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