6427 Westwood BlvdOrlando, FL 32821

  • Office properties
  • 15,250 SF
For Sale

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
6427 Westwood Blvd, Orlando, Florida

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

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
$31,358
$1,093,188
$788,826
$1,882,014
-
$1,093,188
$788,826
$1,882,014

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