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Property profile & analytics
OFF-MARKET
Office Spaces

499 Central Pkwy Altamonte Springs, FL 32701

30,000 SF 1.84 ac lot Built 1981
Property ID
Property summary
AI-generated overview

This exceptional two-story, 30,000-square-foot Class B medical office building, constructed in 1981 and renovated in 2016, presents a unique investment opportunity in the thriving Altamonte Springs submarket. Situated on 1.84 acres at 499 E Central Pkwy, 32701, this property boasts 140 parking spaces and offers multiple suite options ranging from 600 to 2,000 contiguous square feet, with a total of 4,585 square feet currently vacant. Three suites are available, each offering distinct features and layouts. Suite 120 (2,000 sq ft) features wood plank tile flooring, updated finishes, a large ADA-compliant restroom, five exam rooms with sinks, one exam room without a sink, a storage room, a patient restroom, a nurse's station, and a large lab area. Suite 215 (1,985 sq ft, divisible to 600 and 1,385 sq ft) is adaptable to various medical uses and offers a full-service lease option. Suite 100, a newly remodeled first-floor space, previously used as a prestigious spa, includes a large waiting room, six exam rooms, two private restrooms, a break room, a large procedure room, storage, and a nurse's station. All suites benefit from daily janitorial service, water, and garbage included in the rent. The building's prime location offers easy access to major roadways (SR 436, I-4, Maitland Blvd., and 17/92), proximity to AdventHealth Hospital Altamonte (0.6 miles), and visibility across from the Altamonte Mall. Abundant parking is available in three lots, and signage opportunities are available on the monument sign, directory, and office doors. The property is zoned PO.

Property profile
Verified
Property type Office Spaces
Year built 1981
Total area 30,000 SF
Lot 1.84 ac (80,150 SF)
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
Current use
Occupant on record · Public records
  • Haeger Michele Dental Office
  • Atrium III Medical Clinic
  • Don M. Preble D.M.D. Dental Office
  • Palm Springs Dental Dental Office
  • Dr. Jonathan W. Preble, DMD, FICOI Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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