1000 Ronald Reagan Blvd Longwood, FL 32750
- Commercial real estate
- 1,217 SF
- 1.72 lot acres
Current Use by Public Records
- Colorado Choice Distributors / Meat Wholesaler
- Colorado Choice / Corporate Office
Property Details for 1000 Ronald Reagan Blvd
- Year built
- 1924
- Lot size
- 1.72 lot acres
- Property size
- 1,217 SF
- Property type
- Commercial real estate
- APN
- 06-21-30-300-0310-0000
- APU
- 6213030003100000
Description
This exceptional 2.21-acre commercial lot in Longwood, Florida, presents a remarkable development opportunity. Located at the high-traffic corner of South Ronald Reagan Boulevard (CR 427) and Pineda Street, this property boasts over 260 feet of frontage on Ronald Reagan Boulevard and over 360 feet on Pineda Street. The site benefits from an average daily traffic count exceeding 26,000 vehicles, ensuring high visibility and accessibility. Its strategic location places it adjacent to a new apartment complex, directly across from Lyman High School and Dog Track Road, and within a thriving mix of commercial and industrial properties, including nearby new residential developments. The property is conveniently situated less than three miles from Interstate 4 and within a five-minute drive of State Roads 434 and 436, providing easy access to major transportation arteries. The lot is mostly cleared and leveled, and the Longwood commercial zoning (FLU) permits a wide range of uses. This prime location, combined with its size and accessibility, makes this property an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area. The asking price is $2,200,000. The property's address is 1000 S Ronald Reagan Blvd, Longwood, FL 32750, and it is zoned GC.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,060,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,010,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,100,000
- Geo Method
- $995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,070,000
- Retail
- $1,040,000
- Mixed-Use
- $1,015,000
- Hospitality
- $1,070,000
- Educational
- $1,275,000
- Residential Income
- $930,000
- Energy
- $1,285,000
- Income-Based Land
- $955,000
- Food Service
- $1,100,000
Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.3467
- Latitude
- 28.6851
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
