1001 Red Bug Lake Rd Casselberry, FL 32707
For Sale
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This exceptional 3,716 square foot freestanding retail building is situated on a 0.85-acre lot at 1001 Red Bug Lake Road in Casselberry, Florida, zip code 32707. Previously a bank branch, this property offers significant potential for a variety of uses. The building boasts ample parking with 30 spaces, ensuring convenient access for customers and employees. Its highly visible location benefits from an average daily traffic count exceeding 98,000 vehicles, providing excellent exposure for any business. The property's zoning allows for expansion, with the potential to increase the building's footprint to up to 5,500 square feet. This presents a unique opportunity to customize the space to meet specific business needs. Located in Seminole County, this property is ideally suited for banks, credit unions, or medical offices seeking a prominent location with high visibility and ample parking. The property's strategic location and versatile design make it an attractive investment opportunity in a thriving Florida market. The address is easily accessible and benefits from strong local demographics. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.