6121 Westwood BlvdOrlando, FL 32821

  • Strip malls
  • 44,846 SF

Property Details for 6121 Westwood Blvd

Year built
1986
Lot size
7.03 AC
Property size (Sq ft)
44,846 SF
Zone code
P-D
Property type
Strip malls
Property subtype
Neighborhood centers
APN
12-24-28-0000-00-023
APU
122428000000023

Description

This exceptional 45,596 square foot power center, located at 6121 Westwood Boulevard in Orlando, Florida (zip code 32821), presents a significant retail leasing opportunity. The property boasts a prime location and offers a total of 45,596 square feet of retail space, currently featuring multiple tenants. A substantial 5,600 square feet of space is immediately available for lease, ideal for a variety of retail uses. The expansive 7.29-acre lot provides ample parking and visibility for potential tenants. This power center is strategically situated in Orlando, Florida, offering excellent access to major transportation routes and a thriving consumer base. The property's size and location make it an attractive option for businesses seeking high-traffic exposure and a strong presence in a dynamic market. The available 5,600 square feet offers a blank canvas for a new tenant to establish a significant retail presence. Interested parties are encouraged to inquire about lease terms and explore the potential of this exceptional retail space within this established power center. The property is classified as a multi-tenant retail space. The address is 6121 Westwood Blvd, Orlando, FL 32821.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,099,681
    6.5%
    $13,015,090
    7%
    $12,085,441
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,746,262
    Geo Method
    $17,746,262
  • Alternative Use

    Use
    Valuation
    Residential
    $10,978,716
    Hospitality
    $10,056,445
    Educational
    $8,366,844
    Medical
    $8,654,592
    Retail
    $13,015,090

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.42
Longitude
-81.4614
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
$167,338
$7,929,259
$2,077,574
$10,006,833
-
$7,929,259
$2,077,574
$10,006,833

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