5749 Westgate DrOrlando, FL 32835

  • Office properties
  • 47,089 SF
For Sale
$8,350,000 View listing

Property Details for 5749 Westgate Dr

Year built
2008
Lot size
2.67 AC
Property size (Sq ft)
47,089 SF
Zone code
AC-1
Property type
Office properties
Property subtype
Office buildings
APN
36-22-28-4949-01-000
APU
362228494901000

Description

This exceptional three-story office building, located at 5749 Westgate Drive in Orlando, Florida, 32835, offers 47,089 square feet of versatile space. Ideal for a single tenant, this property is perfectly suited for traditional office use or medical practices, given its dual zoning. The building's convenient location provides easy access to Valencia College, situated just two minutes away, ensuring a strategic position for businesses seeking a central hub. The single-building structure simplifies management and offers excellent control over the entire space. Its three stories provide ample room for expansion or efficient layout customization. The property's address is easily accessible and well-situated within the Orlando business community. This presents a unique opportunity for businesses seeking a prominent and functional space in a thriving area. The building's size and layout offer significant flexibility for a variety of business needs, making it an attractive option for companies looking to establish a strong presence in Orlando. The proximity to Valencia College also provides access to a skilled workforce and a vibrant educational environment. This is a rare opportunity to acquire a substantial, well-located office building in a desirable area of Orlando. Serious inquiries are encouraged to explore this exceptional property further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,276,145
    6.5%
    $8,562,595
    7%
    $7,950,982
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,394,386
    Geo Method
    $7,394,386
  • Alternative Use

    Use
    Valuation
    Residential
    $10,617,618
    Hospitality
    $9,725,681
    Educational
    $8,091,652
    Medical
    $8,369,937
    Retail
    $12,587,015
5749 Westgate Dr, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5327
Longitude
-81.4606
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
$132,566
$975,295
$6,217,497
$7,192,792
-
$975,295
$6,217,497
$7,192,792

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