800 State Road 434Longwood, FL 32750
- Retail properties
- 4,135 SF
Property Details for 800 State Road 434
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 4,135 SF
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 05-21-30-502-0500-0020
- APU
- 5213050205000020
Description
This exceptional investment opportunity encompasses a prime 4,350 square foot retail complex situated on a 9,727 square foot lot in Longwood, Florida. The property consists of two buildings and a vacant lot, all situated on three separate parcels (APN: 434 -06-21-30-504-0000-0010, 806 06-21-30-300-018B-0000, and 06-21-30-300-0188-0000). Building 800, a 2,640 square foot metal building with a recently resealed (2022) metal roof, is currently leased to a long-term tenant in the auto repair industry until March 31, 2027. Building 806, a 1,710 square foot block masonry building with a 2019 shingle roof, has served as a car sales facility for 25 years and is currently available for lease, offering flexible space options of 1,270 or 1,670 square feet. Both buildings feature separate electric meters and three-phase power. The property boasts convenient features including three curb cuts, road signage, and ample parking (20+ overflow spaces). Its strategic location on SR 434, directly across from Orlando Health Hospital and near I-4 (2 miles away), places it within a high-growth area experiencing significant development. A clean Phase One environmental report is available. This property presents a unique blend of income-generating potential and future development opportunities. The vacant lot offers additional expansion or redevelopment possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,034,677
- 6.5%
- $955,087
- 7%
- $886,866
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,163,207
- Geo Method
- $1,163,207
-
Alternative Use
- Use
- Valuation
- Residential
- $805,652
- Hospitality
- $737,972
- Educational
- $613,984
- Medical
- $635,100
- Retail
- $955,087
Location Insight
- City
- Longwood
- County
- Seminole
- State
- Florida
- Latitude
- 28.6973
- Longitude
- -81.3332
- 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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