1500 Lee RdOrlando, FL 32810

  • Office properties
  • 19,328 SF
For Lease
$25/SF/YR View listing

Property Details for 1500 Lee Rd

Year built
1981
Lot size
1.20 AC
Property size (Sq ft)
19,328 SF
Zone code
C-1
Property type
Office properties
Property subtype
Office buildings
APN
03-22-29-2628-14-020
APU
32229262814020

Description

This exceptional Class A office building, located at 1500 Lee Road in Orlando, Florida (zip code 32810), offers 18,016 square feet of versatile space. Recently renovated in 2024, the two-story building features six suites, ranging from a minimum of 1,007 square feet to a maximum of 3,400 square feet, allowing for flexible configurations to suit various business needs. Currently, 10,201 square feet is available for lease. The property sits on 1.2 acres of land and boasts 67 parking spaces, ensuring ample parking for tenants and their clients. A single elevator services both floors. The building enjoys a highly visible location on Lee Road (SR 423), a major thoroughfare with high daily traffic volume, and is conveniently situated just one mile west of I-4. The C-1 zoning provides flexibility for a range of businesses. Modern amenities include secure 24/7 access and strong internet connectivity. The building also features prominent monument signage on Lee Road, providing excellent visibility. Nearby amenities include Starbucks, Home Depot, Walmart, Foxtail Coffee, Tesla, and Christner's Steakhouse. This property presents a unique opportunity to establish a thriving business in a vibrant and convenient Orlando location. The APN is 03-22-29-2628-14-020.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,990,882
    6.5%
    $2,760,814
    7%
    $2,563,614
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,035,076
    Geo Method
    $3,035,076
  • Alternative Use

    Use
    Valuation
    Residential
    $3,423,410
    Hospitality
    $3,135,825
    Educational
    $2,608,970
    Medical
    $2,698,696
    Retail
    $4,058,397
1500 Lee Rd, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.6054
Longitude
-81.4033
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
$18,468
$889,061
$305,646
$1,194,707
-
$889,061
$305,646
$1,194,707

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