222 State Road 434Longwood, FL 32750
- Retail properties
- 1,830 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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