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Property profile & analytics
OFF-MARKET Estimated value $640,000
Automotive properties

2590 State Rd 434 Longwood, FL 32779-4877

960 SF 0.63 ac lot Built 1961
Individually Owned 25-yr Hold ~ Est. High Equity
Property ID
US18-1691341
Property summary
AI-generated overview

This exceptional 0.63-acre commercial property in Seminole County, Florida, presents a compelling redevelopment opportunity. Located at 2590 W State Rd 434 in Altamonte Springs (zip code 32714), this property boasts a highly desirable C-2 zoning designation, allowing for a wide range of uses. The existing single-story, 1961-built structure features four vehicle repair bays and one hydraulic lift, currently occupied by a used car dealership with over 30 years in business and nearly 20 years at this location. The property offers over 150 feet of frontage on West State Road 434, a major thoroughfare with over 60,000 AADT (average annual daily traffic), and convenient ingress and egress points for both east and westbound traffic. The location is strategically positioned near affluent residential areas including Longwood, Altamonte Springs, Markham Woods Road, Heathrow, and Lake Mary. Potential redevelopment options are numerous and include, but are not limited to, medical offices, professional offices, showrooms, veterinary clinics, and daycare centers. The property includes 85 parking spaces. The asking price is $895,000. Potential buyers are responsible for conducting their own environmental assessments

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1961
Construction CONCRETE BLOCKS
Total area 960 SF
Lot 0.63 ac (27,600 SF)
APN 03-21-29-505-0X00-0140
UPID US18-1691341
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$642k
Blend (final) Blend
$640k
Owner & transaction history
Golchini M A · 25 yrs held
Golchini M A
since 2000
1 recorded transaction
2000
$340,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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