6427 Westwood BlvdOrlando, FL 32821
- Office properties
- 15,250 SF
Property Details for 6427 Westwood Blvd
- Year built
- 2007
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 15,250 SF
- Zone code
- P-D
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 12-24-28-9243-00-020
- APU
- 122428924300020
Description
Westwood Center presents a unique investment opportunity in Orlando's vibrant Tourist Corridor. This 13,600 square foot, Class B building, constructed in 2006, sits on 1.9 acres of land at a high-traffic intersection of I-4, International Drive, and the 528. The property boasts a two-story structure with an elevator, offering exceptional accessibility. Currently, there are two available spaces ranging from 35 to 6,200 square feet, catering to diverse business needs. The first floor features 3,100 square feet of fully furnished medical/office space, ideal for immediate occupancy. The second floor provides 6,300 square feet of unfinished space, presenting a blank canvas for build-out tailored to specific business requirements. A tenant improvement allowance is available to assist with customization. The property's zoning (1-4) allows for a variety of uses. This multi-tenant building offers a prime location for businesses seeking high visibility and convenient access for clients and employees throughout Central Florida. The strategic location ensures maximum exposure and accessibility, making Westwood Center an exceptional choice for businesses seeking a prominent presence in a thriving market. The combination of existing furnished space and significant build-out potential makes this a versatile and attractive investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,261,656
- 6.5%
- $3,010,759
- 7%
- $2,795,705
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,394,708
- Geo Method
- $2,394,708
-
Alternative Use
- Use
- Valuation
- Residential
- $3,733,341
- Hospitality
- $3,419,720
- Educational
- $2,845,167
- Medical
- $2,943,017
- Retail
- $4,425,816
Location Insight
- City
- Orlando
- County
- Orange
- State
- Florida
- Latitude
- 28.4192
- Longitude
- -81.4651
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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