204 State Rd 436 Casselberry, FL
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High-traffic retail location with redevelopment potential on SR 436.
Type:RETAIL
Property size:
85,560 SFLot size:
7.59 AcresPrice / SF:
$140/SF- Added:
- Jul 13, 2023
- Days on Market:
- 1029
- Last Refresh:
- Apr 5 at 10:08 pm
Property Features for 204 State Rd 436
General Information
- Standard status
- Active
- Size
- 85,560 SF
- Lot size
- 7.59 Acres
- Property subtype
- RETAIL
Listing agent Paul P. Partyka
Listing office NAI Realvest | Orlando (407) 875-9989
Listing date Jul 13, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Realvest | Orlando
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Segovia's Flowers — 1013 Semoran Blvd, Casselberry, FL 32707
Location Insight
- Map
- Local Demand
- City
- Casselberry
- County
- Seminole
- State
- Florida
- Longitude
- -81.3378
- Latitude
- 28.6587
Nearby Similar for Sale
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 Rd 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.
