222 State Road 434Longwood, FL 32750

  • Retail properties
  • 1,830 SF
For Sale
$799,000 View listing

Property Details for 222 State Road 434

Year built
1962
Construction
CONCRETE BLOCKS
Lot size
0.17 AC
Property size (Sq ft)
1,830 SF
Property type
Retail properties
Property subtype
Retail space
APN
06-21-30-503-0000-0070
APU
6213050300000070

Description

This exceptional 1,830 square foot property is situated on a 0.17-acre corner lot at the intersection of State Road 434 and Wilma Street in Longwood, Florida. Its strategic location offers unparalleled visibility and accessibility, boasting an impressive 44,000 daily passerby trips. This translates to significant potential for businesses seeking high foot traffic and brand exposure. The property's versatile "Other" classification allows for a wide range of commercial uses, making it an ideal investment opportunity for entrepreneurs and developers alike. The asking price of $799,000 reflects the property's prime location and substantial potential for return on investment. Given the high daily traffic count and prominent corner location, this property presents a rare opportunity to establish a thriving business in a bustling area of Longwood. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The property's size and location make it suitable for a variety of commercial ventures, capitalizing on the substantial daily traffic flow. Don't miss this chance to secure a highly visible and strategically positioned commercial property in a thriving Longwood community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $457,910
    6.5%
    $422,687
    7%
    $392,495
  • Comparable approach

    Method
    Valuation
    Relative Method
    $514,793
    Geo Method
    $514,793
  • Alternative Use

    Use
    Valuation
    Residential
    $356,552
    Hospitality
    $326,600
    Educational
    $271,727
    Medical
    $281,072
    Retail
    $422,687
222 State Road 434, Longwood, Florida

Location Insight

City
Longwood
County
Seminole
State
Florida
Latitude
28.6976
Longitude
-81.3489
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
$2,505
-
-
$164,251
-
$109,200
$55,051
$164,251

FAQs

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