Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    222 FL-434 Longwood, FL 32750

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Corner lot in Longwood, Florida with high traffic volume.

    Type:Hospitality, Office, Retail, Special Purpose
    Property size:
    1,830 SF
    Added:
    Oct 1, 2024
    Days on Market:
    564
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 222 FL-434

    General Information

    Standard status
    Active
    Size
    1,830 SF
    Property subtype
    Hospitality, Office, Retail, Special Purpose

    Building Details

    Year Built
    1962

    We can help!

    Listing Contact
    Scott McGrath

    Listing agent Scott McGrath License #FL BK3480707

    Listing office BuyingParadise LLC

    Listing date Oct 1, 2024

    Source Crexi

    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 BuyingParadise LLC

    Overview

    Corner Lot on SR 434

    This commercial land is a corner lot located on SR 434 and Wilma Street in Longwood, Florida. The property has a size of 1830 square feet. The location benefits from a high traffic volume of 44,000 trips per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.3526
    Latitude
    28.7075

    Nearby Similar for Sale

    • $1,600,000
      8,514 SF

      Renovated Flex Space in Longwood

      Renovated flex space with office and warehouse functionality.
      265 HUNT PARK COVE, LONGWOOD, FL 32750
      View Details
    • $700,000
      3,230 SF

      LONGWOOD, FL Industrial Flex Space

      3,230 SF flex space with offices and warehouse door.
      2005 TREE FORK LANE, LONGWOOD, FL 32750
      View Details
    • $419,000
      2,542 SF

      Longwood Duplex: Income-Producing Opportunity

      Income-producing duplex in Longwood near shopping, dining, and transportation.
      737 E CHURCH AVENUE, LONGWOOD, FL 32750
      View Details
    • $740,000
      1,002 SF

      Longwood Automotive/Retail Opportunity

      High-exposure Longwood location with transferable auto sales/repair licenses.
      377 E STATE ROAD 434, LONGWOOD, FL 32750
      View Details
    • $495,000
      2,632 SF

      Longwood Duplex on Corner Lot

      Large duplex on a corner lot with new roof.
      895 PASADENA AVENUE, LONGWOOD, FL 32750
      View Details
    • $495,000
      2,632 SF

      Longwood Duplex on Corner Lot

      Large duplex with new roof on a corner lot.
      895 Pasadena Ave., Longwood, FL 32750
      View Details
    • $345,000

      Residential Land in Markham Glen

      One-acre homesite for custom estate in established community.
      1766 MARKHAM GLEN CIRCLE, LONGWOOD, FL 32779
      View Details
    • $59,000

      Wooded Land in Longwood

      0.33 acre wooded land with potential for splitting.
      MARJORIE BOULEVARD, LONGWOOD, FL 32750
      View Details
    • $6,937,000
      46,560 SF

      Updated Warehouse in Longwood Industrial Area

      46,560 SF warehouse on 2.5 acres in Longwood, Florida.
      1356 BENNETT DRIVE, LONGWOOD, FL 32750
      View Details
    • $1,599,900
      3,460 SF

      Longwood Commercial Property for Sale

      Commercial property available in Longwood, Florida, totaling 3,460 square feet.
      531 N US HIGHWAY 17 92, LONGWOOD, FL 32750
      View Details
    • $1,600,000
      8,514 SF

      Longwood Land For Sale

      Land available in Longwood, Florida.
      265 HUNT PARK COVE, LONGWOOD, FL 32750
      View Details
    • $5,000,000

      Longwood Land on Markham Woods

      8.99 acres of land in desirable Seminole County.
      MARKHAM WOODS ROAD, LONGWOOD, FL 32779
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot in Longwood, Florida with high traffic volume.
    Where is this commercial land located?
    The property is located at 222 FL-434 Longwood, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Corner lot location.; High traffic count: 44,000 trips per day.; Located on State Road 434.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott McGrath
    Real Estate License ID: FL BK3480707
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!