177 Montgomery Rd Altamonte Springs, FL 32714-3129
This exceptional Class A medical office building, totaling 24,000 square feet, presents a unique investment opportunity in Altamonte Springs, Florida. Constructed in 2009 and renovated in 2010, the property boasts a newly refreshed exterior (2024) and roof, ensuring long-term value. The three-story building, situated on a 67,139 square foot lot, offers ample parking with 116 spaces. Its versatile design, featuring individual floor adaptability, makes it ideal for various uses, including medical practices, schools, or general office space. Each floor includes private offices, labs, larger meeting rooms (suitable for classrooms), ADA-compliant restrooms, and break areas. The building incorporates modern amenities such as sensor-activated LED lighting. Conveniently located off SR 434 and SR 436, with easy access to I-4 and public transportation (bus line), this property enjoys a highly desirable central location. The existing furniture, fixtures, and equipment (FF&E) are negotiable. An adjacent 6,000 square foot building is also available for purchase. The property is zoned PO (Permitted Office) and is offered fee simple. This is a turnkey opportunity for an owner/user seeking a state-of-the-art facility. The property's features include a 4.83 parking ratio per 1,000 square feet.
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City College Altamonte Springs (Orlando) College Private College
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.