20 Orange AveOrlando, FL 32801

Property Details for 20 Orange Ave

Year built

1983

Lot size

2.32 AC

Property size (Sq ft)

272,905 SF

Zone code

AC-3A/T/HP

Property type

Office properties

Property subtype

Office buildings

APN

26-22-29-7352-36-013

APU

262229735236013

Description

20 North Orange Avenue in the heart of downtown Orlando presents a unique opportunity for businesses seeking Class A office space. This 16-story building, constructed in 1983, offers a total of 279,780 square feet of retail and office space, currently featuring 21,400 square feet of vacant space. The building is categorized as Class A and boasts modern finishes, reflecting a contemporary workplace design. Its prime location at the corner of Orange Avenue and Central Boulevard ensures superior accessibility for tenants and guests. Multiple tenancy options are available, with spaces ranging from a minimum of 1,196 square feet to a maximum contiguous space of 7,366 square feet, providing flexibility for businesses of various sizes. The building's executive office subtype caters to businesses seeking a sophisticated and professional environment. Situated in Orange County, Florida, with a zip code of 32801, this property offers an unparalleled opportunity to establish a presence in Orlando's vibrant downtown core. The building's design prioritizes an elevated office experience, making it an ideal location for businesses seeking a prestigious and functional workspace. This is a rare opportunity to secure space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $66,417,248

  6.5%

  $61,308,228

  7%

  $56,929,068

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,854,272

  Geo Method

  $42,854,272

• Alternative Use

  Use

  Valuation

  Residential

  $76,022,200

  Hospitality

  $69,635,928

  Educational

  $57,936,276

  Medical

  $59,928,792

  Retail

  $90,123,096

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5427

Longitude

-81.3797

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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