1221 Fairbanks AveOrlando, FL 32804

  • Office properties
  • 5,480 SF
For Lease
$306/SF/YR View listing

Property Details for 1221 Fairbanks Ave

Year built
1971
Lot size
0.21 AC
Property size (Sq ft)
5,480 SF
Zone code
C-1
Property type
Office properties
Property subtype
Office buildings
APN
03-22-29-1000-00-060
APU
32229100000060

Description

Exceptional opportunity to lease a fully built-out, 9-chair dental office in College Park, Orlando (zip code 32804). Located at the corner of Fairbanks and Edgewater Drive, this 4,000 square foot space boasts high visibility and accessibility. The modern design features a large waiting room, spacious reception and staff areas, multiple private offices, lab rooms, and an oversized break room. Abundant parking is available for patients and staff. The property sits on a 0.21-acre lot (9,342 square feet) and is part of a larger 5,400 square foot building. This single-tenant space is available December 2024. Avoid the significant cost and time of building out a dental office from scratch – this turnkey solution offers immediate occupancy and a professional, welcoming environment. The neutral color palette creates a calming atmosphere for patients. This is a rare opportunity to establish a thriving practice in a highly desirable location. The property's APN is 03-22-29-1000-00-060.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,215,771
    6.5%
    $1,122,250
    7%
    $1,042,089
  • Comparable approach

    Method
    Valuation
    Relative Method
    $860,524
    Geo Method
    $860,524
  • Alternative Use

    Use
    Valuation
    Residential
    $1,391,590
    Hospitality
    $1,274,689
    Educational
    $1,060,526
    Medical
    $1,096,999
    Retail
    $1,649,708
1221 Fairbanks Ave, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5968
Longitude
-81.3969
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,611
$158,806
$721,699
$880,505
-
$158,806
$721,699
$880,505

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