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    801 Douglas Ave Altamonte Springs, FL 32714

    Sponsored
    For Sale
    $3,510,000

    15,385 SF Office Building, $3.5M

    Property size:
    15,385 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,385-square-foot office building in Altamonte Springs, Florida, presents a compelling investment opportunity. Located at 801 Douglas Ave, 32714, this property boasts a prime location with excellent visibility and accessibility. Situated between SR 436 and SR 434, it benefits from frontage on I-4 and Douglas Ave, with an express lane exit just a block away. The building enjoys a prominent position at the entrance of its office park, offering great signage opportunities. Currently, 87% of the building is leased, with a newly completed 1,945-square-foot first-floor space available for an owner-user. This space is ideal for medical or traditional office use, with medical impact fees already paid. The building features ample parking with a 5.05:1,000 ratio and is ADA compliant. The second floor is 100% leased, providing immediate and substantial rental income. The asking price is $3,510,000, translating to $228.14 per square foot. This property offers a blend of immediate income and owner-user potential in a highly desirable location. Don't miss this chance to acquire a well-positioned, high-quality office building in a thriving market.

    Property Features for 801 Douglas Ave

    General Information

    Property type
    Medical offices
    Square Feet
    15,385 SF

    HighLights

    • 15,385 SF office building in Altamonte Springs, FL, at 801 Douglas Ave, 32714.
    • Prime location with excellent visibility and accessibility, situated between SR 436 and SR 434, with I‑4 frontage and express lane access.
    • Prominent location at office park entrance with strong signage potential.
    • 87% leased, with a 1,945 SF first‑floor space available for owner‑user (medical impact fees paid).
    • Ample parking (5.05:1,000 ratio) and ADA compliant.
    • Second floor is 100% leased.
    Property Profile Location Intelligence

    Current Use by Public Records

    Altamonte Springs Heating ... Air Conditioning System Supplier GoodWerk Counseling | Dr. ... Mental Health Service Meridian Associates Mental Health Service Rachael Dyson Counselor Samuel Kelley Psychiatrist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3896715
    Latitude
    28.6776466

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    FAQs

    What type of property is this?
    Medical office - 15,385 SF Office Building, $3.5M
    Where is this medical office located?
    The property is located at 801 Douglas Ave Altamonte Springs, FL.
    What is the asking price?
    The asking price for this property is $3,510,000.
    What are key features of this property?
    This property features: 15,385 SF office building in Altamonte Springs, FL, at 801 Douglas Ave, 32714.; Prime location with excellent visibility and accessibility, situated between SR 436 and SR 434, with I-4 frontage and express lane access.; Prominent location at office park entrance with strong signage potential.
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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
    801 Douglas Ave Altamonte Springs, FL 32714
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