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1160 E State Road 434 Winter Springs, FL 32708

Community centers Google Maps
10,097 SF 9.71 ac lot Built 2005
Entity Owned 8-yr Hold Free & Clear
Estimated value (blended)
$3.73M
Range $3.35M – $4.10M (±10%)
Property ID US18-2077358

Property summary

AI-generated overview

This exceptional retail opportunity presents 117,970 square feet of prime commercial space within the Winter Springs Town Center, located at 1160 E State Rd 434, Winter Springs, FL 32708, in Seminole County. The property is a multi-tenant strip center offering flexible space options, with a minimum divisible unit of 768 square feet and a maximum contiguous space of 12,688 square feet. Currently, there are 20,886 square feet of vacant space available, providing a unique chance for businesses to establish a presence in this thriving community. The center's strategic location on State Road 434 ensures high visibility and accessibility for customers. This property is ideal for a variety of retail uses, offering a strong potential for return on investment. The property's size and layout provide ample opportunity for expansion or consolidation, catering to businesses of various scales. With its prime location and flexible space options, this retail center represents a compelling investment opportunity in a rapidly growing market. The property is situated in a high-traffic area, ensuring significant foot traffic and visibility for tenants. This is a rare chance to secure a prominent retail space in a desirable location. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2005
Construction CONCRETE
Total area 10,097 SF
Lot 9.71 ac (423,185 SF)
APN 36-20-30-5SG-0000-0010
UPID US18-2077358

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$3.73M
Blend (final) Blend
$3.73M

Owner & transaction history

since 2017
6 recorded transactions
2018
Price N/A
2017
$24.9M
2016
$19.9M
2010
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $4.7M +107.9%
Commercial (general) $2.7M +19.3%
Warehouse, storage $2.4M +4.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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