Technical
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Property profile

225 State Road 434 Longwood, FL 32750

OFF-MARKET
Office Spaces
15,915 SF 1.22 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional two-story medical office building, totaling 15,915 square feet, is situated on a 1.22-acre lot at 225 W State Rd 434 in Longwood, Florida, zip code 32750. Built in 2000 and renovated in 2014, the property is currently multi-tenant, with two occupants occupying 24% of the space. The asking price is $2,950,000, translating to $185.36 per square foot. The building offers a NNN lease structure, providing a stable investment opportunity. Its strategic location offers high visibility with 41,500 average daily cars passing on State Road 434, providing excellent access to Interstate 4 and major transportation networks. The property benefits from its proximity to a future town center development, a planned upscale development including multi-family residences, retail, restaurants, and office spaces, projected to significantly increase population density and demand for services in the area. Furthermore, its adjacency to Longwood's historic district and the Sun Rail station adds to its appeal. The surrounding Longwood market boasts a robust population of 703,183 within a ten-mile radius, a median household income of $92,394 (with a compound annual growth rate of 6.1%), and a high insurance coverage rate of 88%. This presents a compelling investment opportunity for those seeking to capitalize on the growth and development within the Longwood submarket. The property's current tenants include SimonMed Imaging (2,886 SF) and Empower Tattoo (945 SF).

Property profile

Verified
Property type Office Spaces
Year built 2000
Total area 15,915 SF
Lot 1.22 ac (53,143 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Ophthalmologist
  • Physician
  • Pediatrician Physician

Location

225 State Road 434 Longwood, FL 32750
Longwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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