This exceptional 6,150-square-foot office suite, located within the prestigious Oviedo Office Park, presents a unique opportunity for a discerning tenant. Situated on the first floor of a Class A, 50,000-square-foot building constructed in 2008, this space boasts an impressive double-door entrance in the main lobby. Originally designed as a single corporate office for a national marketing research firm, the suite (#1010 & #1030) offers a flexible layout. Currently configured as one large suite, it can be subdivided to accommodate varying needs. Suite #1010 features a spacious corner CEO office, four private offices, a conference room, shared workspaces, a reception area, and a fully equipped kitchen/break room with built-in desks and cabinetry. Suite #1030 includes a main reception area, three large research suites (easily adaptable into open-plan or smaller private offices), and a manager's office. The Oviedo Office Park itself is a 50,000 square foot building situated on approximately 3.7 acres, offering a generous 3.7 parking spaces per 1,000 square feet. Its prime location on Red Bug Lake Road in Oviedo, Florida, provides convenient access to major roadways including SR 417, SR 434, SR 436, and SR 426, and is close to AdventHealth ER and the new Oviedo hospital, making it an excellent choice for businesses serving the Oviedo and Winter Springs communities. The building backs to a conservation area, offering a tranquil and professional setting. This is a single-tenant space, perfect for a company seeking a high-profile, well-appointed office environment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$242,592
6.5%
$223,931
7%
$207,936
Comparable approach
Method
Valuation
Relative Method
$179,590
Geo Method
$115,314
Alternative Use
Use
Valuation
Residential
$277,675
Hospitality
$254,349
Educational
$211,615
Medical
$218,893
Retail
$329,179
Location Insight
City
Oviedo
County
Seminole
State
Florida
Latitude
28.6522
Longitude
-81.2439
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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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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