1573 Fairbanks AveWinter Park, FL 32789

Property Details for 1573 Fairbanks Ave

Year built

2002

Lot size

5.95 AC

Property size (Sq ft)

27,136 SF

Zone code

O-1

Property type

Office properties

Property subtype

Office buildings

APN

12-22-29-0000-00-015

APU

122229000000015

Description

This exceptional Winter Park medical office building, constructed in 1981, offers a total of 112,526 square feet across multiple tenancies in Orange County, Florida. Currently, a 2,125 square foot space is available for lease. The building sits on a generous 5.66-acre lot and features a total of 47,654 square feet of rentable space spread across two floors. Conveniently located at 1573 W Fairbanks Ave, Winter Park, FL 32789, this property enjoys a prestigious address near popular restaurants such as 4 Rivers BBQ. Building amenities include an elevator, prominent monument signage opportunities, and ample parking, including designated handicap spaces. Each unit is equipped with private bathrooms, designed to provide a comfortable and efficient workspace specifically suited for medical practices. The building is meticulously maintained, offering a clean and functional environment ideal for businesses seeking a productive atmosphere in a highly desirable location. This is a rare opportunity to secure office space in a well-established and highly sought-after area of Winter Park.

• CAP approach

  CAP return

  Valuation

  6%

  $4,199,120

  6.5%

  $3,876,110

  7%

  $3,599,246

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,453,840

  Geo Method

  $4,261,166

• Alternative Use

  Use

  Valuation

  Residential

  $4,806,377

  Hospitality

  $4,402,616

  Educational

  $3,662,924

  Medical

  $3,788,898

  Retail

  $5,697,882

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5955

Longitude

-81.3704

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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