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    2590 State Road 434 Longwood, FL 32714

    Sponsored
    For Sale
    $895,000

    High-traffic location, redevelopment potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.63-acre commercial property in Seminole County, Florida, presents a compelling redevelopment opportunity. Located at 2590 W State Rd 434 in Altamonte Springs (zip code 32714), this property boasts a highly desirable C-2 zoning designation, allowing for a wide range of uses. The existing single-story, 1961-built structure features four vehicle repair bays and one hydraulic lift, currently occupied by a used car dealership with over 30 years in business and nearly 20 years at this location. The property offers over 150 feet of frontage on West State Road 434, a major thoroughfare with over 60,000 AADT (average annual daily traffic), and convenient ingress and egress points for both east and westbound traffic. The location is strategically positioned near affluent residential areas including Longwood, Altamonte Springs, Markham Woods Road, Heathrow, and Lake Mary. Potential redevelopment options are numerous and include, but are not limited to, medical offices, professional offices, showrooms, veterinary clinics, and daycare centers. The property includes 85 parking spaces. The asking price is $895,000. Potential buyers are responsible for conducting their own environmental assessments

    Property Features for 2590 State Road 434

    General Information

    Property type
    Automotive properties
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1961
    Buildings
    1
    Stories
    1

    HighLights

    • High traffic counts exceeding 60,000 AADT.
    • Redevelopment opportunity with diverse options, including medical offices.
    • Over 150 feet of frontage on West State Road 434.
    • Easy ingress/egress for east and westbound traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.4087570662
    Latitude
    28.688022987126

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    FAQs

    What type of property is this?
    Automotive property - High-traffic location, redevelopment potential
    Where is this automotive property located?
    The property is located at 2590 State Road 434 Longwood, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: High traffic counts exceeding 60,000 AADT.; Redevelopment opportunity with diverse options, including medical offices.; Over 150 feet of frontage on West State Road 434.
    Request Owner's contact information
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    Longwood, 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
    2590 State Road 434 Longwood, FL 32714
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