801 Magnolia AveOrlando, FL 32803

Property Details for 801 Magnolia Ave

Year built

1974

Lot size

1.53 AC

Property size (Sq ft)

54,000 SF

Zone code

O-3/T

Property type

Office properties

Property subtype

Office buildings

APN

24-22-29-1333-02-000

APU

242229133302000

Description

801 Magnolia Avenue in Orlando, Florida, presents a fantastic opportunity for businesses seeking executive office space. This four-story, Class B office building, totaling 54,000 square feet, underwent renovations in 2019 and offers multiple tenancy options. Currently, 19,943 square feet of space is available, divisible into units as small as 939 square feet and up to a contiguous 7,106 square feet. The building boasts 138 parking spaces and elevators for convenient access. Built in 1974, the property provides a blend of established infrastructure and modern updates. Utilities, basic janitorial services, and parking are included in the monthly rent

• CAP approach

  CAP return

  Valuation

  6%

  $13,142,051

  6.5%

  $12,131,124

  7%

  $11,264,615

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,479,620

  Geo Method

  $8,479,620

• Alternative Use

  Use

  Valuation

  Residential

  $15,042,593

  Hospitality

  $13,778,935

  Educational

  $11,463,912

  Medical

  $11,858,173

  Retail

  $17,832,752

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5553

Longitude

-81.3762

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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