This fee-simple, single-story medical office building, located at 6005 Silver Star Rd, Orlando, FL 32808, offers 1,844 square feet of versatile space ideal for medical or traditional office use, and even retail. Priced at $550,000 ($298.26/sq ft), this property presents a compelling investment opportunity. The building features seven private rooms, providing ample space for various business needs. Its convenient location in a bustling commercial area ensures high visibility and accessibility. Surrounding businesses include restaurants, pharmacies, other medical offices, assisted living facilities, and residential areas, creating a diverse and established customer base. Ample parking is available both in front and behind the building, ensuring convenient access for clients and staff. The property is zoned R-3, offering flexibility for a range of uses. The seller is motivated, making this a rare opportunity to acquire a commercial property in a high-demand area at an attractive price. This is one of the few commercial spaces available in the area at this price point.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$409,102
6.5%
$377,633
7%
$350,659
Comparable approach
Method
Valuation
Relative Method
$289,563
Geo Method
$289,563
Alternative Use
Use
Valuation
Residential
$468,265
Hospitality
$428,928
Educational
$356,863
Medical
$369,136
Retail
$555,121
Location Insight
City
Orlando
County
Orange
State
Florida
Latitude
28.5782
Longitude
-81.4645
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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