Property summary
This exceptional Class A office building in Casselberry, Florida, presents a compelling investment opportunity. Located at 1211 FLORIDA 436, this single, three-story building encompasses 83,520 square feet, situated on a substantial 361,112 square foot lot. The property, built in 1986 and renovated in 2022, features upgraded lighting and flooring throughout its 19 units. Currently boasting 86.3% occupancy, the building generates a net operating income (NOI) of $949,711, yielding a 6.50% capitalization rate at the asking price of $12,950,000. A pro-forma NOI of $1,234,448 projects a 9.53% capitalization rate upon full occupancy. The property offers ample parking with a ratio of 4 spaces per 1,000 square feet. With 80,035 square feet of leasable space, the building allows for owner-occupancy of up to 44,181 square feet. The property is zoned PMX-L and enjoys a strategic location near Winter Park in the Orlando area. This is a rare opportunity to acquire a well-maintained, high-performing asset in a desirable market.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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