This exceptional 7,023 square foot office and warehouse property is ideally situated in Orlando, Florida, at 4340 Edgewater Drive, at the intersection of Edgewater Drive and Fairbanks Avenue. The property boasts a prime location with excellent visibility and high traffic counts, exceeding 22,300 cars per day on Fairbanks Avenue and 22,500 cars per day on Edgewater Drive (2023 data). Its classification as a Class B building reflects its solid construction and functional design. The property is zoned C-2, offering flexibility for a variety of commercial uses. The building features one drive-in door, providing convenient access for loading and unloading. This single-tenant property offers a unique opportunity for businesses seeking a blend of office and warehouse space. Its lakefront location adds to its appeal, providing a desirable and attractive setting for employees and clients. The property's strategic location offers easy access to major thoroughfares, including Lee Road (north), US 441 (west), and I-4 (east), all within a mile radius. This makes it an excellent choice for businesses needing convenient access to Orlando's transportation network. The property's size and features make it suitable for a variety of businesses seeking a functional and well-located space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,290,399
6.5%
$2,114,215
7%
$1,963,199
Comparable approach
Method
Valuation
Relative Method
$2,779,111
Geo Method
$2,779,111
Alternative Use
Use
Valuation
Residential
$1,783,419
Hospitality
$1,633,602
Educational
$1,359,138
Medical
$1,405,881
Retail
$2,114,215
Location Insight
City
Orlando
County
Orange
State
Florida
Latitude
28.596
Longitude
-81.3991
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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