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Property profile & analytics
OFF-MARKET
Land

434 & Michael Blake Blvd Winter Springs, FL 32708

Property ID
Property summary
AI-generated overview

This exceptional 8.12± acre commercial development site presents a unique investment opportunity in Winter Springs, Florida. Boasting 670+ feet of frontage on SR 434, a major thoroughfare with an impressive 36,500 AADT, this property offers unparalleled visibility and accessibility. The site is zoned T-C (Town Center), allowing for a variety of commercial uses. A proposed two-phase development plan envisions Phase I as retail spaces along SR 434, followed by a mixed-use Phase II. The property's strategic location is just 1,000 feet from the intersection of SR 434 and Tuskawilla Road, placing it within close proximity to the Winter Springs Marketplace and Winter Springs Town Center shopping centers. Furthermore, its convenient location is only 1.5 miles from Keeth Elementary and Indian Trails Middle Schools. The site is currently subdivided into six lots, with several available for immediate purchase: Lot 1 (0.80 acres, $1,300,000), Lot 2 (0.50 acres, $750,000), and Lot 3 (0.50 acres, $750,000), and Lot 4 (1.02 acres, $1,080,000). Lots 5 and 6 are also available, but require further inquiry. This property offers multiple development options, including ground leasing, sale (all or part), or build-to-suit opportunities. Its prime location, high visibility, and flexible zoning make it an ideal investment for developers seeking a high-impact commercial project in a thriving community. Master retention is already in place. The property is conveniently located near major roadways, including the SR 434 & SR 417 (GreeneWay) interchange (2 miles) and the SR 434 & US Hwy 17-92 interchange (5 miles).

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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