1511 International Pkwy Lake Mary, FL 32746-4708
This exceptional 3,600 square foot freestanding building, located at 1511 International Parkway in Lake Mary, Florida (32746), presents a unique investment opportunity. Previously a bank, this property boasts a convenient drive-thru and is situated on a 0.9-acre lot. The building is currently vacant and offers versatile zoning (PD) suitable for a variety of uses, including but not limited to: bank, medical, dental, office, spa, or retail. The asking price is $2,200,000, translating to $611.11 per square foot. The property is offered as an Absolute NNN lease. This location benefits from high traffic counts, with International Parkway seeing 14,000 vehicles daily and CR 46A boasting 31,000 vehicles daily. I-4's high traffic volume of 132,000+ vehicles per day further enhances accessibility. The surrounding area demonstrates strong demographics, with average household incomes within a 3-mile radius exceeding $102,701 and a population exceeding 55,743. Within a 5-mile radius, the average household income is $94,970 and the population surpasses 116,580. The property's proximity to the Marriott Hotel & Conference Center, Park Place at Heathrow Shopping Center, and Park Place offices provides excellent visibility and synergy. This is an ideal opportunity for owner-users or investors seeking a high-traffic, well-located commercial property in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.