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    242 State Road 434 Longwood, FL 32750

    For Sale
    $460,000

    Prime Longwood location, 2000 sq ft, high visibility.

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 2,000 square foot retail space in Longwood, Florida, boasts a premium location on one of the city's busiest streets, ensuring exceptional visibility and high daily traffic. The property sits on a 0.17-acre lot and offers dedicated parking for customer convenience. Recently renovated, the roof was completely replaced in 2023. There are no HOA fees. The interior is clean and ready for immediate occupancy, minimizing setup time and costs. A rear green area offers expansion potential, with a permit already in progress for additional construction. The property benefits from its proximity to banks, restaurants, shopping centers, and public transportation. High-speed internet access and updated energy-efficient features, including LED lighting and improved insulation, are available. Longwood's growing economy and available local and state incentives for new businesses make this a strategic investment opportunity. The property is situated in a safe area with security systems available. The versatile space is adaptable to various business types, from retail stores and restaurants to offices.

    Property Features for 242 State Road 434

    General Information

    Property type
    Retail properties
    Square Feet
    2,000 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1993
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Christine Bixon Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.34924
    Latitude
    28.69763

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    FAQs

    What type of property is this?
    Retail property - Prime Longwood location, 2000 sq ft, high visibility.
    Where is this retail property located?
    The property is located at 242 State Road 434 Longwood, FL.
    What is the asking price?
    The asking price for this property is $460,000.
    (561) 513-5162
    Request Owner's contact information
    242 State Road 434 Longwood, FL 32750
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    Longwood, FL 32750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 State Road 434 Longwood, FL 32750
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