798 Semoran BlvdOrlando, FL 32807

Property Details for 798 Semoran Blvd

Year built

1970

Lot size

1.60 AC

Property size (Sq ft)

6,495 SF

Zone code

C-2

Property type

Office buildings

APN

21-22-30-4828-00-030

APU

212230482800030

Description

This exceptional 7,800 square foot retail building presents a captivating investment opportunity in Orlando, Florida. Situated on a prime 1.6-acre corner lot in Orange County, this property boasts a highly desirable location between two busy intersections. Originally constructed in 1970, the building has undergone a complete renovation, featuring brand new electrical, plumbing, sewer, and lift station systems. A new HVAC system, sprinkler system, and fire alarm system are also in place. A transfer switch for generator hookup is included. The property is zoned C-2, offering flexibility for various commercial uses. Recent updates include contemporary design elements, although some finishing touches may be desired to fully customize the space. The building's substantial size and prime location make it ideal for a wide range of businesses, from retail and office space to specialized ventures. The asking price is $4,500,000, translating to $577 per square foot. This represents a rare chance to acquire a significant piece of central Florida real estate in a thriving area. The property's central air conditioning and ample parking further enhance its appeal. A virtual tour is available. The property's APN is 21-22-30-4828-00-030. The ownership structure is a corporation.

• CAP approach

  CAP return

  Valuation

  6%

  $1,543,203

  6.5%

  $1,424,495

  7%

  $1,322,746

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,019,910

  Geo Method

  $1,019,910

• Alternative Use

  Use

  Valuation

  Residential

  $1,766,374

  Hospitality

  $1,617,989

  Educational

  $1,346,148

  Medical

  $1,392,444

  Retail

  $2,094,008

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5552

Longitude

-81.3115

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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