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    407 E Alfred St Tavares, FL 32778

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    For Sale
    $450,000

    Two-unit office building with high visibility in downtown Tavares.

    Lot size:
    0.22 Acres

    Property Features for 407 E Alfred St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1986

    Source: MORRIS REALTY AND INVESTMENTS Agent Scott Strem

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

    Overview

    Downtown Tavares Office Investment Opportunity

    Located on E Alfred St near downtown Tavares, this two-unit office building offers an investment opportunity. The property features newer style construction and signage on E Alfred St. Unit 407 is currently occupied by a national insurance agency. Unit 405 is occupied by the owner and is suitable for office or professional space. The building can be owner-occupied or leased for income generation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elderfire Lodges, LLC Assisted Living Facility Berry Orthotics & Prosthetics Orthotics & Prosthetics Service Amber Word - State ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.7240883
    Latitude
    28.8042613

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    FAQs

    What type of property is this?
    Office building - Two-unit office building with high visibility in downtown Tavares.
    Where is this office building located?
    The property is located at 407 E Alfred St Tavares, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High visibility location on busy E Alfred St/ Old 441 near downtown Tavares.; - Two-unit office building offering investment or owner-occupancy potential.; - One unit currently occupied by a national insurance agency tenant.
    (352) 435-4663
    Request Owner's contact information
    407 E Alfred St Tavares, FL 32778
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    Tavares, FL 32778
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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
    407 E Alfred St Tavares, FL 32778
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