400 State Road 436Casselberry, FL 32707

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

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.

• 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

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