1615 Edgewater DrOrlando, FL 32804

Property Details for 1615 Edgewater Dr

Year built

2002

Lot size

1.13 AC

Property size (Sq ft)

26,428 SF

Zone code

MU-1/T/SP/AR

Property type

Office properties

Property subtype

Office buildings

APN

23-22-29-0166-00-090

APU

232229016600090

Description

This exceptional two-story, 25,324 square foot professional office building, constructed in 2002, is situated at 1615 Edgewater Drive in the desirable College Park neighborhood of Orlando, Florida (zip code 32804). The building is zoned MU-1 and offers multiple tenancy options, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 6,315 square feet. The property boasts a beautiful lobby and ample parking. Tenants benefit from a tenant allowance for approved improvements, including the choice of floor covering. Each suite features multiple private offices and workstations, along with a convenient break/copy room and reception area. Its prime location offers easy access to a variety of local restaurants and retail establishments, and is conveniently located just over a mile from Interstate 4 and Highway 50, ensuring excellent accessibility and connectivity. This is a fantastic opportunity for businesses seeking a well-maintained, modern office space in a vibrant and sought-after area of Orlando.

• CAP approach

  CAP return

  Valuation

  6%

  $5,863,210

  6.5%

  $5,412,194

  7%

  $5,025,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,149,989

  Geo Method

  $4,149,989

• Alternative Use

  Use

  Valuation

  Residential

  $6,711,121

  Hospitality

  $6,147,350

  Educational

  $5,114,524

  Medical

  $5,290,420

  Retail

  $7,955,926

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5662

Longitude

-81.389

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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