733 Goldenrod RdOrlando, FL 32822

  • Office properties
  • 5,448 SF
For Sale
$2,800,000 View listing

Property Details for 733 Goldenrod Rd

Year built
2008
Lot size
1.32 AC
Property size (Sq ft)
5,448 SF
Zone code
RSTD C-1
Property type
Office properties
Property subtype
Office buildings
APN
35-22-30-6409-00-020
APU
352230640900020

Description

This exceptional medical office building, located at 733 S Goldenrod Rd, Orlando, FL 32822, presents a compelling investment opportunity or potential owner-occupancy scenario. The property boasts 5,448 square feet of space, with 5,256 square feet net rentable, across a single building situated on a 1.32-acre lot. Currently housing two medical tenants under a triple net (NNN) lease, this multi-tenant property offers a strong, stable income stream. The asking price is $2,800,000, translating to $513.95 per square foot. Ample parking is provided with 64 spaces, exceeding the recommended ratio at 11.7 spaces per 1,000 square feet. The property features gated access and is zoned RSTD C-1. Its prime location on a major thoroughfare offers easy access to Downtown Orlando, airports, and major highways. The existing structure allows for potential expansion, with the possibility of adding a third office suite. Many exam rooms are equipped with sinks, catering to the specific needs of medical practices. The property's parcel number (APN) is 35-22-30-6409-00-020. This is a turnkey opportunity for investors seeking a high-return medical office building in a desirable Orlando location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,294,437
    6.5%
    $1,194,865
    7%
    $1,109,518
  • Comparable approach

    Method
    Valuation
    Relative Method
    $855,499
    Geo Method
    $855,499
  • Alternative Use

    Use
    Valuation
    Residential
    $1,481,633
    Hospitality
    $1,357,168
    Educational
    $1,129,148
    Medical
    $1,167,981
    Retail
    $1,756,452
733 Goldenrod Rd, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5343
Longitude
-81.2852
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
$22,229
$684,544
$843,018
$1,527,562
-
$684,544
$843,018
$1,527,562

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