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    679 Douglas Ave Altamonte Springs, FL 32714

    For Lease
    $20 SF/Yr

    10 Buildings, Ample Parking, Prime Location

    Lot size:
    4,970 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Altamonte Springs, Florida investment opportunity presents a 10-building medical and professional office complex situated on a spacious 2.87-acre lot. Located at 679 Douglas Ave, 32714, this property offers a diverse range of office spaces ideal for various medical and professional practices. The buildings are individually freestanding, providing flexibility and potential for separate ownership or leasing arrangements. The property is zoned for office use, ensuring compliance and ease of operation. Parking is abundant, with a generous ratio of 5.43 spaces per 1,000 square feet, guaranteeing convenient access for tenants and their clients. The precise square footage of the entire complex is not currently available. This prime location in Altamonte Springs offers excellent visibility and accessibility, making it an attractive destination for businesses seeking a thriving and established commercial environment. The property's multiple buildings provide a unique opportunity for investors seeking a portfolio of income-generating assets or a single buyer looking for a large-scale office complex. This is a rare opportunity to acquire a well-established, multi-building medical and professional office center in a highly desirable location. The property's size and configuration make it suitable for a variety of uses and ownership structures.

    Property Features for 679 Douglas Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,970 SF

    Building Details

    Buildings
    10

    Unit(s) available at that property

    Space
    685 Douglas Avenue
    Size
    1,670 SF
    Rate per SF
    $25
    Space
    689 Douglas Ave - Suite 107
    Size
    3,300 SF
    Rate per SF
    $20

    HighLights

    • Excellent Altamonte Springs location, offering easy access to SR 436 and I‑4.
    • High‑visibility monument signage on Douglas Avenue, plus I‑4 building signage potential.
    • Close proximity (under 2 miles) to AdventHealth Altamonte Springs, Cranes Roost Park, Uptown Altamonte, Altamonte Mall, and the SunRail station.
    • Attractive landscaping and abundant parking (5.43 spaces per 1,000 square feet).
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Walter A. Black, ... Family Practice Physician Dr. Simin Salehi, ... Family Practice Physician Joseph Edna Nursing Agency Dr. Lillian M. ... Internist Health & Wellness Clinic Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3898806
    Latitude
    28.6747552

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    FAQs

    What type of property is this?
    Medical office - 10 Buildings, Ample Parking, Prime Location
    Where is this medical office located?
    The property is located at 679 Douglas Ave Altamonte Springs, FL.
    What is the lease rate?
    The lease rate is $20-$25 SF/Yr.
    What are key features of this property?
    This property features: Excellent Altamonte Springs location, offering easy access to SR 436 and I-4.; High-visibility monument signage on Douglas Avenue, plus I-4 building signage potential.; Close proximity (under 2 miles) to AdventHealth Altamonte Springs, Cranes Roost Park, Uptown Altamonte, Altamonte Mall, and the SunRail station.
    Request Owner's contact information
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    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
    679 Douglas Ave Altamonte Springs, FL 32714
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