800 State Road 434Longwood, FL 32750

  • Retail properties
  • 4,135 SF
For Lease
$25/SF/YR View listing

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
800 State Road 434, Longwood, Florida

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

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
$14,897
-
-
$935,022
-
$557,213
$377,809
$935,022

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