The Westhall Executive Center, a Class B office building located at 2700 Westhall Ln, Maitland, FL 32751, offers a unique investment opportunity. This two-story building, constructed in 1984 and extensively renovated in 2008, boasts 35,500 square feet of total space, with 4,218 square feet currently vacant. The property sits on 2.5 acres of land, with a 2.5 FAR, and includes 122 parking spaces. Building amenities include a single hydraulic elevator, 9-foot ceilings, and a common area conference room accessible via an online scheduling system. The building benefits from a 24-hour HVAC system accessible to tenants at a reasonable cost. The property is zoned for professional offices (Prof Office, APN 27-21-29-5476-12-001) and is situated in the Maitland Center submarket, conveniently located at the intersection of Keller Road and Westhall Lane, directly east of the RDV Sportsplex. The available space presents a redevelopment opportunity for a large user. This property has been under the same ownership and management for over 35 years. The 2008 renovation included energy management system upgrades and restroom renovations.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,402,096
6.5%
$4,986,550
7%
$4,630,368
Comparable approach
Method
Valuation
Relative Method
$3,897,003
Geo Method
$3,897,003
Alternative Use
Use
Valuation
Residential
$6,183,322
Hospitality
$5,663,890
Educational
$4,712,290
Medical
$4,874,352
Retail
$7,330,228
Location Insight
City
Maitland
County
Orange
State
Florida
Latitude
28.6361
Longitude
-81.3977
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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