6239 Edgewater DrLockhart, FL 32810

Property Details for 6239 Edgewater Dr

Year built

1963

Lot size

1.37 AC

Property size (Sq ft)

9,914 SF

Zone code

IND-2/IND-3

Property type

Office properties

Property subtype

Office buildings

APN

33-21-29-3600-00-110

APU

332129360000110

Description

This exceptional Orlando commercial property, located at 6239 Edgewater Drive, 32810, offers a diverse range of office spaces for lease. The property consists of two buildings totaling 22,000 square feet, encompassing a Class B building constructed in 1980 and extensively renovated in 2019. The flexible layout caters to various business needs, with space options ranging from 500 square feet to a maximum contiguous 5,000 square feet. Currently, there are 2,000 square feet of vacant space available across three suites, ideal for businesses seeking multiple units or a single larger space. The property's versatility accommodates medical, traditional, executive, creative, and coworking office setups. Ample parking is provided with 40 spaces. The location is highly convenient, offering easy access to I-4, Lee Road, and Downtown Orlando. Benefit from 24/7 access and the potential for build-to-suit options. This prime location is experiencing significant redevelopment within a 5-mile radius, presenting a unique opportunity for growth and investment. The property is situated in the Orlando submarket of Lockhart, Florida.

• CAP approach

  CAP return

  Valuation

  6%

  $1,534,127

  6.5%

  $1,416,117

  7%

  $1,314,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,556,795

  Geo Method

  $1,556,795

• Alternative Use

  Use

  Valuation

  Residential

  $1,755,985

  Hospitality

  $1,608,473

  Educational

  $1,338,231

  Medical

  $1,384,255

  Retail

  $2,081,692

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.6145

Longitude

-81.4212

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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