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    801 E State Road 434 Longwood, FL 32750

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    For Sale
    $4,023,467

    NNN leased Truist Bank branch with drive-thru on 1.45 acres.

    Property size:
    5,904 SF
    Lot size:
    1.45 Acres

    Property Features for 801 E State Road 434

    General Information

    Size
    5,904 SF
    Lot size
    1.45 Acres

    Source: Marcus & Millichap | Miami Agent Ronnie Issenberg

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

    Overview

    Longwood Bank Branch For Sale

    This property is a fee simple absolute NNN leased Truist Bank branch located in Longwood, Florida, part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. The property includes a recent lease extension, demonstrating commitment to the site. Truist Financial Corporation, headquartered in Charlotte, North Carolina, operates 2,781 bank branches across 15 states and Washington, D.C. As of August 2023, Truist is the 9th largest bank with $514 billion in assets and over 51,169 employees. The property is situated on an oversized 1.45-acre parcel of land and is equipped with a drive-thru. The building size is 5,904 square feet. There are 3.3 years remaining on the lease, indicating a stable, ongoing income stream.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Donut Shop Truist Mortgage Mortgage Lender Truist Bank Nelahtem Animal Experts Animal Protection Organization Cameron V Decker ... Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.329603
    Latitude
    28.692799

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    FAQs

    What type of property is this?
    Bank - NNN leased Truist Bank branch with drive-thru on 1.45 acres.
    Where is this bank located?
    The property is located at 801 E State Road 434 Longwood, FL.
    What is the asking price?
    The asking price for this property is $4,023,467.
    What are key features of this property?
    This property features: - Truist Bank NNN Lease with Recent Extension: Demonstrates tenant commitment and provides stable, passive income.; - Fee Simple Absolute Ownership: Offers complete control and eliminates ground lease concerns.; - Strong Truist Financial Corporation Tenant: A top 10 US bank with substantial assets and a large employee base, ensuring financial stability.
    (786) 522-7000
    Request Owner's contact information
    801 E State Road 434 Longwood, FL 32750
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    801 E State Road 434
    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

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    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.

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    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
    801 E State Road 434 Longwood, FL 32750
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