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Zoned Commercial Office Development Site
For Sale
$1,499,000

498 ESTHER LANE, Altamonte Springs, FL 32714

For sale commercial office property zoned for multi-family and townhome development near I-4 and Cranes Roost.

Property Size1,653 SF
Price / SF$906.84
Days on Market360

Property Features for 498 ESTHER LANE

General Information

Standard status Active
Size 1,653 SF
Property subtype Office
Zoning Z

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,980

Amenities

Central Air
3
Corner Lot.
00x00
Corner, City Road, Private Roads, Asphalt.

Building Details

Year Built 1959
Stories 1
Listing Agency: COTTAGE REALTY INC
Listed By: Eskarlet Peguero Sanchez
Source: Xome
Added: Aug 19, 2025 Changed: Aug 12 Last Checked: Aug 12 at 3:51AM

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 COTTAGE REALTY INC

Investment Insights

Based on property information with market context.

This for-sale commercial office property is presented as a Z-zoned site suitable for multi-family and townhome development. The offering is described as having visibility and accessibility, with ample space for creating residential living environments.

The property is located at 498 Esther Lane in Altamonte Springs, Florida, about 5 minutes from I-4 and Cranes Roost, with nearby restaurants and shopping centers. Closing can be as soon as 2 weeks. Please do not disturb tenants; call for an appointment.

Key Highlights

  • Commercial property zoned for multi‑family and townhome development
  • Corner lot
  • Central air cooling

Property Analytics

Current Use

Mitch accountant Corporate Office Macaw Realty Investment, ... Real Estate Agency Kelsey Grimes Photography Service

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby

Demographics for 32714, FL

38,049
Population
16,722
Households
2.3
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,476
Density / Sq Mi
$67,333
Median Household Income
$39,714
Median Earnings
$1,641
Median Rent
$292,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - For sale commercial office property zoned for multi-family and townhome development near I-4 and Cranes Roost.
Where is this office units located?
The property is located at 498 ESTHER LANE Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Commercial property zoned for multi‑family and townhome development; Corner lot; Central air cooling
More about this property
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