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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1160 State Rd 436 Altamonte Springs, FL 32714-2749

    • Community centers
    • 10,468 SF
    • 0.46 lot acres
    OFF-MARKET
    Last Sale
    Sep 21, 2020
    $2,000,000
    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    8.7%
    Community centers
    Location Intelligence
    Property ID
    US18-2809781
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Gold Doctor / (Bike/Boat/Book/etc) Store

    Property Details for 1160 State Rd 436

    Year built
    1960
    Construction
    CONCRETE BLOCKS
    Lot size
    0.46 lot acres
    Property size
    10,468 SF
    Property type
    Community centers
    APN
    17-21-29-502-0A00-0240
    APU
    1721295020A000240

    Description

    This exceptional 1100-square-foot retail space is ideally situated on State Road 436 in Altamonte Springs, Florida, offering unparalleled visibility and high foot traffic. Previously occupied by a shipping business and a liquor store, the property boasts flexible space adaptable to various retail needs. The existing infrastructure includes a 12x12 walk-in cooler, chest cooler, point-of-sale register, displays, and racks—all in excellent condition, minimizing build-out costs. Its prime location on SR 436 ensures high exposure and prominent signage opportunities, attracting significant customer engagement. The property provides convenient accessibility for customers and deliveries, with ample parking available. Located in Seminole County, with a 32714 zip code, this single-tenant space is perfect for businesses seeking a high-visibility location with strong growth potential. Available November 1st. This convenience store-suitable space presents a unique opportunity to establish a thriving retail presence in a bustling commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,325,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,998,000
      Market price range: $1.56M - $3.86M
      AI Estimate
      $1,998,000
      Market price range: $1.56M - $3.86M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,325,000
      Current use
      COMMERCIAL (GENERAL)
      $2,775,000
      Change: +19% Conversion: Easy
      RETAIL STORES
      $1,990,000
      Change: -14% Conversion: Easy
      OFFICE BUILDING
      $1,915,000
      Change: -18% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,910,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.4299
    Latitude
    28.6662
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,310
    $0.00
    $0.00
    $1,375,879
    -
    $699,665
    $676,214
    $1,375,879

    Comparable in this City

    • Value Estimation
      $7,080,000
      22,504 SF

      1032 Montgomery Rd

      MINI-MALL • 22,504 SF
      1032 Montgomery Rd, Altamonte Springs, FL 32714-7420
      View Details
    • Value Estimation
      $1,765,000
      5,390 SF

      1062 State Rd 436

      MINI-MALL • 5,390 SF
      1062 State Rd 436, Altamonte Springs, FL 32714-2921
      View Details
    • Value Estimation
      $3,760,000
      19,000 SF

      488 State Rd 436th Ste, Unit 1100

      MINI-MALL • 19,000 SF
      488 State Rd 436th Ste, Altamonte Springs, FL 32714-4108
      View Details
    • Value Estimation
      $19,715,000
      131,938 SF

      924 State Rd 436th Ste, Unit 1100

      MINI-MALL • 131,938 SF
      924 State Rd 436th Ste, Altamonte Springs, FL 32714-2924
      View Details
    • Value Estimation
      $2,180,000
      6,448 SF

      775 Gtwy Dr Ste, Unit 1000

      MINI-MALL • 6,448 SF
      775 Gtwy Dr Ste, Altamonte Springs, FL 32714-1524
      View Details
    • Value Estimation
      $26,965,000
      180,473 SF

      1001 State Rd 434th Ste, Unit 1000

      MINI-MALL • 180,473 SF
      1001 State Rd 434th Ste, Altamonte Springs, FL 32714-7072
      View Details

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      Altamonte Springs Retail Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      3,097 SF

      Active Retail Center on State Road

      Retail spaces available in a highly active shopping center.
      340 N State Road 434, Altamonte Springs, FL 32714
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      3,000 SF

      Active Retail Center on State Road

      Grocery-anchored retail spaces available in Altamonte Springs, Florida.
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      1,400 SF

      Altamonte Springs Retail Space Available

      Retail space available in Altamonte Springs, Florida.
      851 S State Road 434, Altamonte Springs, FL 32714
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    • Contact for pricing
      2,237 SF

      Dynamic Retail Center Space Available

      Retail space in a highly active, top-ranked shopping center.
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      View Details
    • Contact for pricing
      2,209 SF

      Restaurant and Retail Space Available

      Retail and restaurant space available in Altamonte Springs, FL.
      1076 W State Road 436, Altamonte Springs, FL 32714
      View Details
    • Contact for pricing
      7,435 SF

      Boardwalk Shoppes Retail Space Available

      Prime Altamonte Springs Retail Opportunity
      1002 State Road 436, Altamonte Springs, FL 32714
      View Details
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    1160 State Rd 436
    Altamonte Springs, FL 32714-2749
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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