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204 State Road 436 Casselberry, FL 32707

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For Sale
$12,000,000

High-traffic retail location with redevelopment potential on SR 436.

Property size:
85,560 SF
Lot size:
7.59 Acres

Property Features for 204 State Road 436

General Information

Size
85,560 SF
Lot size
7.59 Acres

Source: NAI Realvest | Orlando Agent Paul P. Partyka

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


Overview

Large Retail Storefront on SR 436

This property presents an opportunity to acquire a large retail store in a high-traffic location. The property, currently occupied by Old Time Pottery, is situated on State Road 436 (Semoran Blvd), near the intersection of SR 436 and US Hwy 17-92. The location benefits from 200 feet of frontage on SR 436 (Semoran Blvd), which sees an average annual daily traffic count of 54,000. The property is adjacent to Oxford Square, a 58,444 square foot shopping center. The existing tenant provides a Year 1 (2023) Net Operating Income of $452,000. Upon lease expiration, there is potential to lease the space at the current market rate. There is also an additional development opportunity for a retail outparcel suitable for a restaurant or convenience store. The property offers potential redevelopment opportunities.
Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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

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

Similar Places Nearby

Segovia's Flowers

Location Insight

  • Map
  • Local Demand
City
Casselberry
County
Seminole
State
Florida
Longitude
-81.337764
Latitude
28.658695

FAQs

What type of property is this?
Storefront property - High-traffic retail location with redevelopment potential on SR 436.
Where is this storefront property located?
The property is located at 204 State Road 436 Casselberry, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: - High traffic location on SR 436 (Semoran Blvd) with 54,000 AADT and 200 feet of frontage.; - Year 1 (2023) NOI of $452,000 with potential for higher cash on cash return upon lease expiration.; - Large footprint retail store at $105 / SF.
More about this property
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