Altamonte Springs Commercial Property For
614 E ALTAMONTE DRIVE Altamonte Springs, FL 32701
614 E ALTAMONTE DRIVE, Altamonte Springs, FL, 32701
$3,725,000
For Sale
$3,725,000
Free-standing 15,490 SF building on 1.5 acres near AdventHealth.
Property Size15,490 SF
Lot Size1.47 Acres
Price / SF$240.48
Days on Market234
Property Features for 614 E ALTAMONTE DRIVE
General Information
- Standard status
- Active
- Size
- 15,490 SF
- Lot size
- 1.47 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing Agency
JOHN SADRI & COMPANY
(407) 619-9999
Listed by
JOHN SADRI · License #FL BK598235
Source
Corcoran
Added: Nov 25, 2025 Checked: Jul 16 at 7:44 am
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 JOHN SADRI & COMPANY
Investment Insights
Based on property information with market context.
This free-standing commercial property is located in Altamonte Springs, North Orlando, opposite the AdventHealth Altamonte Hospital. The 15,490 SF building sits on approximately 1.5 acres with 54 parking spaces. It has 262 feet of frontage on State Road 436 (Altamonte Drive), which sees over 74,000 vehicles a day. The property features a prominent pylon sign and a dedicated turn lane for access. Left-turn access is available from Altamonte Drive (westbound). The building includes a spacious showroom with natural light, multiple private offices, and a rear warehouse/storage area. There are four grade-level roll-up doors, two measuring 10’x10’ and two measuring 8’x10’. A fire sprinkler system is installed throughout the building. The property is located in a high-income area with an average household income exceeding $85,000 within a five-mile radius, and is 0.5 miles from Altamonte Mall and Cranes Roost Park. Potential uses include retail, medical, wellness/surgery center, veterinary clinic, training center, cardiology, or physical therapy center.
Key Highlights
- Prime Location: Directly opposite AdventHealth Altamonte Hospital with high visibility on State Road 436.
- High Traffic Volume: Over 74,000 vehicles per day (AADT) ensuring maximum exposure.
- Versatile Use: Suitable for retail, medical, wellness, veterinary, training, and other commercial purposes.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $449.8k | $29.04 |
| − Vacancy | −$15.3k | −$0.99 |
| EGI | $434.5k | $28.05 |
| − OpEx | −$130.4k | −$8.42 |
| NOI | $304.2k | $19.64 |
15,490 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.35M
$3.80M – $5.07M
NOI $304,175 @ 7.0% cap · market cap 8.17%
Second Best
Healthcare Medical
$3.15M
$2.76M – $3.68M
NOI $220,825 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$4.41M
$3.86M – $5.14M
NOI $308,561 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cranes Roost Siding ...
Construction Company
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FAQs
What type of property is this?
Showroom - Free-standing 15,490 SF building on 1.5 acres near AdventHealth.
Where is this showroom located?
The property is located at 614 E ALTAMONTE DRIVE Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $3,725,000.
What are key features of this property?
This property features: Prime Location: Directly opposite AdventHealth Altamonte Hospital with high visibility on State Road 436.; High Traffic Volume: Over 74,000 vehicles per day (AADT) ensuring maximum exposure.; Versatile Use: Suitable for retail, medical, wellness, veterinary, training, and other commercial purposes.
