531 Us Highway 17 92Longwood, FL 32750

Property Details for 531 Us Highway 17 92

Year built

1973

Construction

CONCRETE BLOCKS

Lot size

0.46 AC

Property size (Sq ft)

3,360 SF

Property type

Retail space

APN

33-20-30-503-0000-018C

APU

3320305030000018C

Description

This exceptional investment opportunity presents a fully occupied, 26-unit retail portfolio situated on a prime 0.5-acre lot in Longwood, Florida, along the bustling US Highway 17-92. The property comprises two buildings: a 3,525 square foot building with 15 retail units and a second building totaling 7,060 square feet, featuring 3 flex spaces and 8 additional retail units. Recent renovations and long-term leases with substantial security deposits ensure a guaranteed income stream from day one. The property boasts a recently resealed parking lot and enjoys a highly desirable location with excellent visibility and accessibility. Financial information, including a rent roll, profit and loss statement, and twelve-month financial data, is readily available for qualified buyers to verify. The seller will lease back a portion of the property long-term, eliminating immediate vacancy concerns. This is a turnkey investment perfect for those seeking a strong return on investment in the thriving Orlando market. Showings are by appointment only to avoid disturbing tenants. All information is deemed accurate but should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $840,754

  6.5%

  $776,080

  7%

  $720,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $945,194

  Geo Method

  $945,194

• Alternative Use

  Use

  Valuation

  Residential

  $654,653

  Hospitality

  $599,658

  Educational

  $498,909

  Medical

  $516,067

  Retail

  $776,080

Location Insight

City

Longwood

County

Seminole

State

Florida

Latitude

28.7051

Longitude

-81.326

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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