531 Us Highway 17 92Longwood, FL 32750
- Retail properties
- 3,360 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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