Property profile

1230 Commerce Park Dr Longwood, FL 32779

FOR LEASE
Retail properties & Spaces
Property ID
US18-5586348
14,718 SF 0.8 ac lot Built 1984
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story office building, totaling 14,718 square feet, presents a remarkable opportunity for businesses seeking a prestigious location in Longwood, Florida. Situated on a 0.79-acre lot, the Class B building boasts a convenient address at 1230 Commerce Park Dr, 32779, offering easy access to SR-434 and I-4. The property features multiple tenancies, allowing for flexibility in space requirements. The building includes elevators for convenient access to all three floors. Its C-2 zoning provides versatility for a range of professional uses. The building's strategic location places it within close proximity to upscale residential areas and other professional office buildings, fostering a thriving business environment. Furthermore, the nearby Longwood Village Shopping Center offers a wealth of amenities, including popular restaurants like Starbucks, 4Rivers Smokehouse, and Bonefish Grill, as well as retail options such as Jos. A. Bank Clothiers. This prime location ensures high visibility and accessibility for your business, attracting clients and employees alike. A sub-lease opportunity of 4,906 square feet is also currently available. The property's APN is 02-21-29-503-0000-0060. This is an ideal opportunity to establish or expand your business in a vibrant and convenient location.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1984
Construction CONCRETE
Total area 14,718 SF
Lot 0.8 ac (34,663 SF)
APN 02-21-29-503-0000-0060
UPID US18-5586348

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Building Supply General Contractor
  • County Government Office
  • Loan Service Bank
  • Loan Service Bank

Location

1230 Commerce Park Dr Longwood, FL 32779
Longwood metro Census 21617 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.22M
Blend (final) Blend
$3.22M

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
$3.0M
1969
Price N/A

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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