3029 Forsyth RdWinter Park, FL 32792

Property Details for 3029 Forsyth Rd

Year built

1969

Lot size

4.91 AC

Property size (Sq ft)

2,975 SF

Zone code

IND-1/IND-5

Property type

Investment properties

Property subtype

Retail residential properties

APN

11-22-30-0000-00-028

APU

112230000000028

Description

This exceptional 1.5-acre industrial land parcel in Winter Park, Florida, presents a rare leasing opportunity. Located at 3029 Forsyth Rd, 32792, this property boasts a highly visible location on a main road, offering excellent exposure for any business. The site is conveniently situated near major thoroughfares, including the 417, 408, Highway 50, and University Boulevard, ensuring easy access for employees and clients. The property is zoned IND-1/IND-5, allowing for a wide range of industrial uses. The land is securely gated, providing enhanced security and peace of mind. Utilities are available on-site, and there's provision for mobile office hook-up. This is a single-tenant property with an APN of 11-22-30-0000-00-028 in Orange County. The asking rent is $7,000 per month net. Don't miss this chance to secure a prime industrial location in a thriving area. This hard-to-find property offers a unique combination of accessibility, visibility, and security. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $863,736

  6.5%

  $797,295

  7%

  $740,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $804,103

  Geo Method

  $724,105

• Alternative Use

  Use

  Valuation

  Residential

  $797,295

  Hospitality

  $730,318

  Educational

  $607,616

  Medical

  $628,513

  Retail

  $945,180

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5885

Longitude

-81.2926

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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