733 Goldenrod RdOrlando, FL 32822
- Office properties
- 5,448 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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