1400 Orlando Ave Winter Park, FL 32789
- Office buildings
- 21,903 SF
- 0.85 lot acres
Current Use by Public Records
- The American Institute of Balance / Medical Clinic
- Neurology & EMG Consultants PA: Oppenheim Ronald E MD / Neurologist
- Fadi Yared MD / Family Practice Physician / Doctor
- Allen Evan D MD / Doctor
- Inpatient Hospital Neurologists, Pa / Neurologist
Property Details for 1400 Orlando Ave
- Year built
- 1970
- Lot size
- 0.85 lot acres
- Property size
- 21,903 SF
- Zone code
- O-1
- Property type
- Office buildings
- APN
- 12-22-29-2932-03-120
- APU
- 122229293203120
Description
This exceptional three-story, Class B medical office building, located at 1400 S Orlando Ave, Winter Park, FL 32789, boasts 21,000 square feet on a 0.85-acre lot. The building features a single elevator, 60 parking spaces, and a 13-foot ceiling height, providing ample space and convenience. The property is zoned 0-1 and has a Winter Park submarket location, offering excellent visibility and accessibility. A fully built-out first-floor suite is available, complete with multiple private exam rooms, ideal for a variety of medical practices. The building benefits from synergistic co-tenancy, ensuring a thriving medical environment. Its convenient location offers close proximity to both Winter Park and Downtown Orlando, enhancing patient access. Prominent monument signage and an interior tenant board provide excellent opportunities for marketing and branding. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a high-demand area. The property's address is easily accessible via Orange Avenue. The APN is 12-22-29-2932-03-120. This is a single building with multiple tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,170,000
- 6.5%
- $3,945,000
- 7%
- $4,195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,235,000
- Geo Method
- $3,800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,765,000
- Retail
- $4,775,000
- Mixed-Use
- $3,895,000
- Hospitality
- $4,615,000
- Educational
- $3,560,000
- Residential Income
- $4,660,000
- Energy
- $4,635,000
- Income-Based Land
- $4,130,000
- Food Service
- $3,890,000
Location Insight
- Map
- Local Demand
- City
- Winter Park
- County
- Orange
- State
- Florida
- Longitude
- -81.3644
- Latitude
- 28.5844
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
