1071 Sun DrLake Mary, FL 32746

Property Details for 1071 Sun Dr

Year built

2006

Construction

CONCRETE BLOCKS

Lot size

0.26 AC

Property size (Sq ft)

18,200 SF

Property type

Office properties

Property subtype

Other office properties

APN

18-20-30-520-0700-0000

APU

18203052007000000

Description

This exceptional 4,100 square foot Class A office space is available for lease in a prestigious Lake Mary, Florida location. Situated within a 18,250 square foot, two-story building constructed in 2006, this property offers a prime opportunity for businesses seeking a modern and functional workspace. The space is fully furnished and ready for immediate occupancy, featuring an open layout with glass walls that maximize natural light. The building boasts one elevator and ample onsite parking, a significant advantage in this thriving business district. The property is part of a multi-tenant building, currently occupied by established medical and general office tenants. Its convenient location provides easy access to Interstate 4 and is within walking distance of various restaurants and retail establishments. The building features monument signage, enhancing visibility and brand recognition. This location is in the heart of Lake Mary's professional business district, a rapidly growing area home to numerous tech companies and major corporations. The area also benefits from highly-rated schools and a family-friendly atmosphere. The available space is located on the second floor. The building's address is 1071 S Sun Dr, Lake Mary, FL 32746. The property includes a total of 18,250 square feet, with 4,100 square feet currently vacant. The property is located in the Lake Mary Sanford submarket cluster. The building consists of one building with two stories.

• CAP approach

  CAP return

  Valuation

  6%

  $3,098,015

  6.5%

  $2,859,706

  7%

  $2,655,441

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,031,666

  Geo Method

  $2,031,666

• Alternative Use

  Use

  Valuation

  Residential

  $3,546,036

  Hospitality

  $3,248,150

  Educational

  $2,702,422

  Medical

  $2,795,363

  Retail

  $4,203,768

Location Insight

City

Lake Mary

County

Seminole

State

Florida

Latitude

28.7532

Longitude

-81.3477

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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