1301 International Pkwy Lake Mary, FL 32746
Property summary
This exceptional 2,787 square foot traditional office building is situated in a highly desirable Lake Mary, Florida location at 1301 S International Pkwy, 32746. Built in 2005 and zoned PUD, the property boasts a prominent position near Lake Mary Boulevard and International Parkway, offering excellent visibility from I-4 and convenient access to the 417 Greenway. The building is currently occupied by a single tenant under a modified gross lease with a remaining term of approximately 4.4 years, expiring April 30, 2029. The lease includes a 4% annual rent increase. The current asking price is $975,000, representing a price per square foot of $349.84. The property's strategic location is surrounded by a thriving mix of residential, retail, and commercial establishments, including grocery stores, banks, and restaurants. The strong tenant occupancy and lease terms project a first-year capitalization rate of 5.2%, increasing to a projected 6.4% by the fifth year. This presents a compelling investment opportunity in a high-growth area of Seminole County.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Hair Salon
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Medical Clinic Physician
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Counselor Practitioner Service Location
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Physician Medical Clinic
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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