1000 Magnolia AveOrlando, FL 32803

  • Office buildings
  • 6,779 SF
For Lease
$25/SF/YR View listing

Property Details for 1000 Magnolia Ave

Year built
1956
Lot size
0.30 AC
Property size (Sq ft)
6,779 SF
Zone code
AC-3A/T
Property type
Office buildings
APN
23-22-29-2552-00-171
APU
232229255200171

Description

This exceptional Class A office space, located at 1000 N Magnolia Ave (cross street: Orange), in Orlando, Florida (zip code 32803), offers 2,179 square feet of move-in ready space. Situated in the desirable Lake Ivanhoe submarket within Downtown Orlando, this single-tenant property is perfect for a business seeking a high-visibility location with excellent access. The space boasts a functional layout including six private offices, a spacious conference room, a welcoming reception area, a convenient kitchen, and a dedicated copy area. The "plug and play" design allows for immediate occupancy, minimizing setup time and maximizing productivity. This is a below-market-rate opportunity, making it an attractive investment. The property is available for lease beginning June 1st. Its location in the gateway to Orlando ensures high traffic and excellent visibility for your business. Interested parties should submit applications promptly as this space is expected to lease quickly. The property's coordinates are latitude 28.5585531 and longitude -81.3772754.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,649,814
    6.5%
    $1,522,905
    7%
    $1,414,126
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,064,506
    Geo Method
    $1,064,506
  • Alternative Use

    Use
    Valuation
    Residential
    $1,888,403
    Hospitality
    $1,729,767
    Educational
    $1,439,146
    Medical
    $1,488,640
    Retail
    $2,238,671

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5586
Longitude
-81.3773
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
$29,614
$556,357
$956,263
$1,512,620
-
$556,357
$956,263
$1,512,620

FAQs

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