Property profile

434 & Michael Blake Blvd Winter Springs, FL 32708

OFF-MARKET
Land
8.12 ac lot
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Property summary

AI-generated overview

This exceptional 8.12-acre commercial land parcel in Winter Springs, Florida, presents a unique investment opportunity. Located at the intersection of East SR 434 and Michael Blake Boulevard, the property boasts 670+ feet of frontage on SR 434, a major thoroughfare with an impressive 36,500 AADT. A master retention system is already in place. The site is zoned T-C (Town Center), allowing for versatile development options. A proposed site plan envisions a phased approach: Phase I focuses on retail uses along SR 434, while Phase II incorporates mixed-use development. The property's strategic location offers unparalleled visibility and accessibility. It's situated just 1,000 feet from the intersection of SR 434 and Tuskawilla Road, and in close proximity to established shopping centers like Winter Springs Marketplace and Winter Springs Town Center. Furthermore, its convenient location near Keeth Elementary and Indian Trails Middle Schools (1.5 miles) and major roadways—including the SR 434 & SR 417 (GreeneWay) interchange (2 miles) and the SR 434 & US Hwy 17-92 interchange (5 miles)—adds significant value. Multiple development scenarios are available, including ground lease, sale (all or part), and build-to-suit options, catering to diverse investment strategies. Lot sizes range from 0.50 to 2.90 acres. This prime location offers exceptional potential for significant return on investment. The property's high visibility and convenient access make it an ideal location for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 8.12 ac (353,707 SF)

Cap rate & NOI

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

Location

434 & Michael Blake Blvd Winter Springs, FL 32708
Winter Springs metro
Google Maps

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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