105 Timberlachen CirLake Mary, FL 32746

  • Office properties
  • 3,600 SF
For Sale
$859,000 View listing

Property Details for 105 Timberlachen Cir

Year built
1999
Construction
CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
3,600 SF
Property type
Office properties
Property subtype
Other office properties
APN
18-20-30-512-0000-0040
APU
18203051200000040

Description

This exceptional 3,600 square foot traditional office building is situated in the highly desirable Lake Mary, Florida, at 105 Timberlachen Circle, zip code 32746. Offered at $859,000, this represents a compelling price per square foot of $238.61. The property boasts a strong rental history with a long-term established tenant currently in place under a triple-net lease, minimizing landlord responsibilities. The building itself is well-maintained, reflecting a commitment to quality and longevity. Its convenient location offers easy access to Interstate 4, providing excellent connectivity for both employees and clients. This presents a rare opportunity to acquire a stable, income-producing asset in a prime location within Seminole County. The property is a traditional office building, ideal for a variety of professional uses. The address is 105 Timberlachen Cir, Lake Mary, FL 32746. This is a turnkey investment opportunity with significant potential for long-term growth and return.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $612,794
    6.5%
    $565,656
    7%
    $525,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $401,868
    Geo Method
    $401,868
  • Alternative Use

    Use
    Valuation
    Residential
    $701,414
    Hospitality
    $642,491
    Educational
    $534,545
    Medical
    $552,929
    Retail
    $831,515
105 Timberlachen Cir, Lake Mary, Florida

Location Insight

City
Lake Mary
County
Seminole
State
Florida
Latitude
28.7485
Longitude
-81.3575
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
$7,912
-
-
$594,000
-
-
$594,000
$594,000

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