3116 Washington StZellwood, FL 32798

Property Details for 3116 Washington St

Year built

1980

Lot size

1.30 AC

Property size (Sq ft)

4,207 SF

Zone code

C-1

Property type

Office buildings

APN

22-20-27-2736-10-043

APU

222027273610043

Description

This exceptional investment opportunity presents a vacant, 3,129 square foot freestanding building situated on a 1.62-acre lot in Zellwood, Florida. Located at 3116 Washington Street and 5612 Woodward Avenue, this Class C property boasts 135 feet of frontage on US Highway 441/West Orange Blossom Trail, a major thoroughfare with a high average annual daily traffic count of 36,259 vehicles. The property features a prominent monument sign, providing excellent visibility and brand recognition. With ample parking for 27 vehicles, this versatile space offers multiple potential uses, including a bank, retail establishment, or professional office. The property's convenient location provides easy access to Ponkan Road, SR 429 (Western Beltway), SR 414 (Maitland Blvd), SR 44, and I-4, ensuring high traffic flow and accessibility. The asking price is $1,500,000. The property consists of one building and includes two parcels (APN: 22-20-27-2736-10-043; 22-20-27-8600-00-190) totaling 1.62 acres. Previously used as a bank, it features a three-lane drive-thru. This is a rare opportunity to acquire a well-positioned property in a growing area with significant development potential. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs.

• CAP approach

  CAP return

  Valuation

  6%

  $820,916

  6.5%

  $757,768

  7%

  $703,642

• Comparable approach

  Method

  Valuation

  Relative Method

  $660,625

  Geo Method

  $660,625

• Alternative Use

  Use

  Valuation

  Residential

  $939,633

  Hospitality

  $860,698

  Educational

  $716,091

  Medical

  $740,718

  Retail

  $1,113,919

Location Insight

City

Zellwood

County

Orange

State

Florida

Latitude

28.729

Longitude

-81.6032

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].