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    438 Rinehart Rd Lake Mary, FL 32746

    For Sale
    $6,086,000

    New construction retail buildings with long-term leases near Orlando Health.

    Property size:
    9,809 SF
    Lot size:
    7.57 Acres

    Property Features for 438 Rinehart Rd

    General Information

    Size
    9,809 SF
    Lot size
    7.57 Acres

    Source: Lee & Associates | North San Diego County Agent Ryan Bennett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Buildings For Sale

    New construction storefront retail buildings are available for purchase either together or separately. The properties feature 10-year NNN leases with annual rent growth. The tenant mix includes Jimmy John’s, Clean Eatz, Heartland Dental, and Noire Nail Lounge. The properties are located immediately adjacent to Orlando Health’s new Lake Mary Campus, which has over 250 beds. They are also located directly in front of the new Orlando Health Multi-Specialty Medical Office Facility and a future planned 28,000 square foot medical office facility. The subject properties are located within the new $800 million, 150-acre Lake Mary Wellness and Technology Park. The property size is 9,809 square feet and is located in Lake Mary, FL.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dental Care at Bents ... Dentist Elvin F. Ramirez, ... Dentist Clean Eatz Juice Shop

    Suggested Use

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

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

    Similar Places Nearby

    Sam's Club Floral

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.3531262
    Latitude
    28.7702074

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    FAQs

    What type of property is this?
    Storefront property - New construction retail buildings with long-term leases near Orlando Health.
    Where is this storefront property located?
    The property is located at 438 Rinehart Rd Lake Mary, FL.
    What is the asking price?
    The asking price for this property is $6,086,000.
    What are key features of this property?
    This property features: - Immediately adjacent to Orlando Health’s new Lake Mary Campus (250+ beds).; - Located directly in front of the new Orlando Health Multi-Specialty Medical Office Facility & future planned 28,000 SF Medical Office Facility.; - Located within the new $800MM, 150-acre, Lake Mary Wellness and Technology Park.
    (760) 519-0240
    Request Owner's contact information
    438 Rinehart Rd Lake Mary, FL 32746
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    Lake Mary, FL 32746
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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
    438 Rinehart Rd Lake Mary, FL 32746
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