462 Rinehart Rd Lake Mary, FL 32746
This exceptional 1.7- to 2.2-acre commercial land parcel presents a unique investment opportunity in Lake Mary, Florida's thriving Bent's Landing development. Located in Seminole County, at 462 Rinehart Rd, zip code 32746, this Class A property is zoned PUD and boasts a fully approved site plan for a two-story, 28,000 square foot medical office building (MOB). The site includes 135 parking spaces, exceeding the 5/1000 ratio required by the approved plans. All necessary infrastructure, including utilities and retention, is already in place, making this a truly shovel-ready project. This is the final phase of the successful Bent's Landing development, a 6.3-acre mixed-use project that is currently 100% occupied. Adjacent to the new 250-bed Orlando Health Rinehart Road Hospital Campus, and within the larger 150+ acre, $800 million Lake Mary Wellness & Technology Park Master Plan Development, this location offers unparalleled access to a high-demand patient base and a strong, established community. The existing Bent's Landing development includes a 17,000 square foot multi-tenant retail center (100% occupied) and a 28,000 square foot medical office building (100% occupied) housing Orlando Health Cardiology & Orthopedics. This property is ideal for owner-users or developers seeking immediate construction commencement. The APN is 06-20-30-525-0000-00C0. Private ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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