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    960 International Pkwy Lake Mary, FL 32746

    Sponsored
    For Sale
    $2,300,000

    Prime Lake Mary office, income-producing, 5,396 SF

    Property size:
    5,396 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional single-story, 5,396 square foot Class B office building presents a compelling investment opportunity in the highly sought-after Central Parc of Lake Mary, Florida. Situated at 960 International Parkway, this fee-simple property boasts a prominent corner location with excellent visibility, anchored by Starbucks and in close proximity to major corporations like Verizon and Deloitte. Built and renovated in 2017, the building features two suites currently generating income. The larger suite, approximately 4,000 square feet, includes a reception area, multiple offices and showrooms, private spaces, and a storage room with direct exterior access. The second suite, approximately 1,100 square feet, offers an open layout with private exterior access and a restroom. Both suites benefit from floor-to-ceiling windows and high ceilings. The current tenant is flexible, potentially expanding, maintaining their current space, or vacating to allow for single-user occupancy. The property includes a private electric car charging station and is zoned PUD. Detailed floor plans and 3D tours of both units are readily available. The asking price is $2,300,000, representing a price per square foot of $426.24. The net rentable square footage is 4,995 square feet. This is a gross lease property. The property's APN is 06-20-30-300-007I-0000 & 06-20-30-300-007S-0000. A 1031 exchange is a permitted sale condition.

    Property Features for 960 International Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    5,396 SF
    Class
    B

    Building Details

    Year Built/Renovated
    2017/2017
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 3D virtual tour available for primary and tenant spaces.
    • Primary space 3D tour: [https://my.matterport.com/show/?m=m9wFJg5deih](https://my.matterport.com/show/?m=m9wFJg5deih)
    • Tenant space 3D tour: [https://my.matterport.com/show/?m=vYFJX6S1hik](https://my.matterport.com/show/?m=vYFJX6S1hik)
    Property Profile Location Intelligence

    Current Use by Public Records

    Pools By Bradley Swimming Pool Contractor VSM Advertising Advertising Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.359921
    Latitude
    28.7802491

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    FAQs

    What type of property is this?
    Medical office - Prime Lake Mary office, income-producing, 5,396 SF
    Where is this medical office located?
    The property is located at 960 International Pkwy Lake Mary, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 3D virtual tour available for primary and tenant spaces.; Primary space 3D tour: [https://my.matterport.com/show/?m=m9wFJg5deih](https://my.matterport.com/show/?m=m9wFJg5deih); Tenant space 3D tour: [https://my.matterport.com/show/?m=vYFJX6S1hik](https://my.matterport.com/show/?m=vYFJX6S1hik)
    Request Owner's contact information
    960 International Pkwy Lake Mary, FL 32746
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    Lake Mary, FL 32746
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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
    960 International Pkwy Lake Mary, FL 32746
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