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Property profile & analytics
OFF-MARKET Estimated value $1,765,000
Community centers

1062 State Rd 436 Altamonte Springs, FL 32714-2921

5,390 SF 1.78 ac lot Built 1984
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-6578566
Property summary
AI-generated overview

Boardwalk II, located at 1062 W. State Road 436 in Altamonte Springs, Florida (zip code 32714), offers exceptional retail opportunities in Seminole County. This multi-tenant property totals 13,419 square feet and features three available spaces ranging from 1,683 to 5,760 contiguous square feet. A significant 10,313 square feet is currently vacant, presenting a unique chance for expansion or multiple businesses. The property sits on a 10,741 square foot lot and provides ample parking with a ratio of 6.8 spaces per 1,000 square feet. The property is classified as Retail, specifically Restaurant/Storefront. Its ideal location in Altamonte Springs offers high visibility and accessibility for businesses seeking a thriving commercial environment. The available spaces are perfect for a variety of retail concepts, providing flexibility for businesses of different sizes. This is a fantastic opportunity to establish or expand your business in a prime location with excellent parking and high foot traffic potential. Interested parties should inquire about lease terms and availability. The property's coordinates are 28.6654479 latitude and -81.4264606 longitude.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,390 SF
Lot 1.78 ac (77,624 SF)
APN 16-21-29-514-0000-0020
UPID US18-6578566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.77M
Owner & transaction history
Skmv Realty LLC · 8 yrs held
Skmv Realty LLC
since 2018
5 recorded transactions
2018
$1.3M
2004
Price N/A
2004
$1.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.5M +107.9%
Commercial (general) $1.4M +19.3%
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