This single-story, 4,222 square foot Class B office building, constructed in 2006, is situated within the Longley Professional Campus Office Complex. The property boasts a functional layout ideal for various professional uses, including medical offices, given its proximity to the Northern Nevada Sierra Medical Center. The building features twelve private offices, two conference rooms, a kitchen, three restrooms, a reception area with waiting space, storage, IT room, utility closet, and space for cubicles. Recent upgrades include a new roof (2023), upgraded LED lighting, and some new finishes. The property offers ample parking with 20 spaces and convenient access to S. McCarran Boulevard and Double R Boulevard. The building is well-maintained, benefiting from a professionally managed HOA that ensures exceptional grounds upkeep. Outdoor seating areas are also available. The minimum divisible space is 2,048 square feet, with a maximum contiguous space of 4,222 square feet. The property is zoned IC and has two suites. Prominent building signage is available. The building's location offers easy access to numerous restaurants and retail shops.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,089,566
6.5%
$1,928,830
7%
$1,791,057
Comparable approach
Method
Valuation
Relative Method
$2,046,641
Geo Method
$2,046,641
Alternative Use
Use
Valuation
Residential
$1,627,040
Hospitality
$1,490,360
Educational
$1,239,962
Medical
$1,282,606
Retail
$1,928,830
Location Insight
City
Orlando
County
Orange
State
Florida
Latitude
28.4286
Longitude
-81.404
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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