1130 Ronald Reagan BlvdLongwood, FL 32750

Property Details for 1130 Ronald Reagan Blvd

Year built

1955

Construction

CONCRETE BLOCKS

Lot size

0.24 AC

Property size (Sq ft)

1,800 SF

Property type

Office properties

Property subtype

Office buildings

APN

32-20-30-505-0000-0070

APU

32203050500000070

Description

This Longwood, FL, property offers 1,800 square feet of space divided into two units within a single-story building on a 0.24-acre lot. Built in phases (1955 and 1985), with renovations in 2007 and 2020, the property is zoned for Neighborhood Commercial use, with a future land use designation of Commercial. The building, currently vacant, presents an owner-user or investment opportunity. Conveniently located near I-4 and 17-92, it features a spacious office area and a large fenced storage lot suitable for vehicles and equipment. While some repairs and renovations are needed, this presents a chance to customize the space to meet specific business needs. The property includes two units, allowing for flexibility in usage – occupy both or lease one out. The asking price is $400,000, and the property is offered fee simple. The parcel number is 32-20-30-505-0000-0070. A detailed list of permitted uses is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $306,397

  6.5%

  $282,828

  7%

  $262,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $200,934

  Geo Method

  $200,934

• Alternative Use

  Use

  Valuation

  Residential

  $350,707

  Hospitality

  $321,246

  Educational

  $267,273

  Medical

  $276,464

  Retail

  $415,757

Location Insight

City

Longwood

County

Seminole

State

Florida

Latitude

28.7111

Longitude

-81.3427

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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