1300 Duncan DrTavares, FL 32778

  • Office properties
  • 19,936 SF
For Lease

Property Details for 1300 Duncan Dr

Year built
1981
Construction
WOOD FRAME
Lot size
5.81 AC
Property size (Sq ft)
19,936 SF
Property type
Office properties
Property subtype
Office buildings
APN
31-19-26-0004-000-03700
APU
311926000400003700

Description

This exceptional 5,333 square foot flex space, located in Building B at 1300 S Duncan Dr, offers a versatile layout perfect for a variety of businesses. The space boasts 28+ individual offices, two restrooms, a large conference room, and a welcoming reception area. Ample parking is provided with 30 spaces available across the five-building complex. The property is well-maintained, featuring attractive landscaping and a convenient location less than an hour from Orlando. Situated in a desirable office park near Downtown Tavares, this space offers easy access to amenities and is close to key locations such as America's Sea Plane City and the Lake County Courthouse. The entire 8,000 square foot building sits on a 4.77-acre lot and was constructed in 1981. The property's flexible lease terms make it an attractive option for businesses seeking a comfortable and functional workspace. The property's APN is 31-19-26-000 & 4-000-03700 and is located in Lake County. Currently, 2,383 square feet are vacant, offering an immediate opportunity for occupancy. Directions: From the intersection of Alfred and Duncan or SR 19, go south on SR 19; the property will be on the right, look for signage.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,145,369
    6.5%
    $3,826,494
    7%
    $3,553,173
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,130,550
    Geo Method
    $3,130,550
  • Alternative Use

    Use
    Valuation
    Residential
    $4,744,853
    Hospitality
    $4,346,260
    Educational
    $3,616,037
    Medical
    $3,740,398
    Retail
    $5,624,946
1300 Duncan Dr, Tavares, Florida

Location Insight

City
Tavares
County
Lake
State
Florida
Latitude
28.7906
Longitude
-81.7475
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
$71,490
-
-
$3,831,658
-
$842,583
$2,989,075
$3,831,658

FAQs

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