790 Concourse PkwyMaitland, FL 32751

  • Office properties
  • 7,054 SF
For Lease
$33/SF/YR View listing

Property Details for 790 Concourse Pkwy

Year built
2010
Lot size
0.20 AC
Property size (Sq ft)
7,054 SF
Zone code
PD
Property type
Office properties
Property subtype
Office buildings
APN
25-21-29-5489-00-040
APU
252129548900040

Description

This exceptional Class A medical office building, completed in 2023, offers 27,000 square feet of versatile space in Maitland, Florida. Located at 790 Concourse Pkwy S, near Maitland Avenue and Concourse Parkway South, this property boasts a prime location with excellent visibility and accessibility. The building features two suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 30,000 square feet, allowing for flexibility in tenant needs. Currently, 30,000 square feet is available. The two-story building offers 14-foot ceilings and four passenger elevators. Ample parking is provided, with a ratio of 6.1 spaces per 1,000 square feet. The building is equipped with 3-phase power. Its PD zoning allows for medical, office, healthcare, and retail uses. Situated in Orange County, this property benefits from its proximity to major roadways, including I-4 (0.25 miles away), and is conveniently located near Orlando Health and AdventHealth facilities. The building's location within the affluent Maitland submarket of the Orlando MSA, with average household incomes exceeding $130,000, presents a strong investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,091,561
    6.5%
    $1,007,594
    7%
    $935,623
  • Comparable approach

    Method
    Valuation
    Relative Method
    $787,438
    Geo Method
    $787,438
  • Alternative Use

    Use
    Valuation
    Residential
    $1,249,417
    Hospitality
    $1,144,459
    Educational
    $952,177
    Medical
    $984,924
    Retail
    $1,481,164
790 Concourse Pkwy, Maitland, Florida

Location Insight

City
Maitland
County
Orange
State
Florida
Latitude
28.6328
Longitude
-81.3734
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
$41,741
$394,740
$2,184,508
$2,579,248
-
$394,740
$2,184,508
$2,579,248

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