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    498 Esther Ln Altamonte Springs, FL 32714

    For Sale
    $1,499,000

    Ideal for multi-family and townhome development near I4.

    Property size:
    1,653 SF
    Lot size:
    0.20 Acres

    Property Features for 498 Esther Ln

    General Information

    Standard status
    Active
    Size
    1,653 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1959

    Source: COTTAGE REALTY INC Agent ESKARLET PEGUERO SANCHEZ

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

    Overview

    Prime Zoned Commercial Property

    This Z-zoned commercial property is suited for multi-family and townhome development. The property benefits from visibility and accessibility. It is located 5 minutes from I4, Cranes Roost, restaurants, and shopping centers. The property size is 1653 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.4023474
    Latitude
    28.6644847

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    FAQs

    What type of property is this?
    Commercial land - Ideal for multi-family and townhome development near I4.
    Where is this commercial land located?
    The property is located at 498 Esther Ln 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: - Zoned for multi-family and townhome development, offering significant investment potential.; - Prime location with exceptional visibility and accessibility.; - Ideal for creating dynamic living environments and modern residences.
    (407) 772-2799
    Request Owner's contact information
    498 Esther Ln Altamonte Springs, FL 32714
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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
    498 Esther Ln Altamonte Springs, FL 32714
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