Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2675 State Road 434 Longwood, FL 32779

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2675 State Road 434 Longwood, FL 32779

    View on Map
    • Banks
    • 3,295 SF
    • 1.28 lot acres
    For Sale
    $3,667,000
    View Listing →
    Retail Space in Growing Market For Sale
    $3,667,000
    3,176 SF

    Retail Space in Growing Market

    Retail space available for sale in a top growth market.

    2675 W State Rd 434, Longwood, FL 32779
    View Listing
    Property ID
    US18-7015185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Justin Levine -TD Bank Merchant Solutions Payment Advisor / Financial Advisor
    • ATM (TD Bank) / Atm
    • Donny Panasis - Mortgage Loan Officer / Loan Service / Bank
    • Ashley Smith - TD Wealth Financial Advisor / Financial Advisor

    Property Details for 2675 State Road 434

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    1.28 lot acres
    Property size
    3,295 SF
    Property type
    Banks
    APN
    04-21-29-300-003F-0000
    APU
    042129300003F0000

    Description

    This exceptional 3,176 square foot retail property, located at 2675 W State Road 434 in Longwood, Florida (zip code 32779), presents a unique investment opportunity. Situated on a 1.28-acre lot in Seminole County, this former bank branch boasts excellent visibility and high traffic counts, with an average daily traffic (ADT) of 30,000 vehicles. The property features ample parking with 20 spaces and a significant advantage: three existing drive-thru lanes. This is a highly desirable asset for businesses requiring convenient customer access. The property is zoned for Office (OP) use, offering flexibility for a variety of commercial ventures. While previously a bank, it's important to note a five-year bank restriction is in place. This prime location on State Road 434 ensures high visibility and accessibility, making it an ideal space for a business seeking a strong presence in a thriving Longwood community. The property's size and features make it suitable for a range of retail or office uses, subject to the existing zoning and restrictions. Serious inquiries are encouraged to explore the potential of this well-positioned commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,819,000
      Market price range: $471k - $4.48M
      AI Estimate
      $1,819,000
      Market price range: $471k - $4.48M

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $1,595,000
      Current use
      AUTO REPAIR, GARAGE
      $1,520,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.4132
    Latitude
    28.6877
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,640
    $0.00
    $0.00
    $874,660
    -
    $655,145
    $219,515
    $874,660

    Comparable in this City

    • Value Estimation
      $1,565,000
      2,460 SF

      701 Miami Spgs Dr

      FINANCIAL BUILDING • 2,460 SF
      701 Miami Spgs Dr, Longwood, FL 32779-2232
      View Details
    • Value Estimation
      $2,885,000
      5,554 SF

      2601 State Rd 434

      FINANCIAL BUILDING • 5,554 SF
      2601 State Rd 434, Longwood, FL 32779-4878
      View Details
    • Value Estimation
      $20,125,000
      2,510 SF

      125 Wekiva Spgs Rd

      FINANCIAL BUILDING • 2,510 SF
      125 Wekiva Spgs Rd, Longwood, FL 32779-3603
      View Details
    • Value Estimation
      $1,640,000
      3,164 SF

      2695 State Rd 434

      FINANCIAL BUILDING • 3,164 SF
      2695 State Rd 434, Longwood, FL 32779-4444
      View Details
    • Value Estimation
      $740,000
      3,520 SF

      2620 State Rd 434

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      2620 State Rd 434, Longwood, FL 32779-4815
      View Details
    • Value Estimation by Request
      3,160 SF

      2492 State Rd 434

      RETAIL STORES (PERSONAL SERVICES) • 3,160 SF
      2492 State Rd 434, Longwood, FL 32779-6086
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,176 SF

      Retail Space in Growing Market

      Retail space available for sale in a top growth market.
      2675 W State Road 434, Longwood, FL 32779
      View Details
    • Contact for pricing
      3,176 SF

      Longwood Retail Space - For Sale

      Prime Retail Space, High Visibility, Drive-Thru
      2675 State Road 434, Longwood, FL 32779
      View Details
    • New
      $319,990
      0.25 Acres

      Residential Lot in Bella Vista

      Vacant lot in resort-style community, convenient location.
      1198 Bella Vista Cir, Longwood, FL 32779
      View Details
    • $1,870,000
      7,675 SF

      Versatile Estate on Usable Acres

      Spacious estate suitable for residential, institutional, or community use.
      1498 Markham Woods Rd, Longwood, FL 32779
      View Details
    • New
      $1,870,000
      7,675 SF

      Versatile Estate on Usable Acres

      Adaptable estate for residential, institutional, or community-focused use.
      1498 Markham Woods Rd, Longwood, FL 32779
      View Details
    • $1,870,000

      Versatile Estate on Usable Acres

      Adaptable estate for residential, institutional, or community-focused use.
      1498 Markham Woods Rd, Longwood, FL 32779
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,261 SF

      Retail Space with Utilities Included

      Retail space for rent with included utilities and maintenance.
      2160 W State Road 434, Longwood, FL 32779
      View Details
    • $20 SF/Yr

      Professional Office Space For Lease

      Professional office space near Altamonte Mall and I-4.
      1230 Commerce Park Dr, Longwood, FL 32779
      View Details
    • Contact for pricing
      13,000 SF

      Longwood Office Building For Rent

      Class B+ multi-tenant office building in prime Longwood location.
      260 Wekiva Springs Rd, Longwood, FL 32779
      View Details
    • $14 SF/Yr

      Longwood Freestanding Building For Rent

      9,648 SF building ideal for office, school, or daycare.
      1665 Ee Williamson Rd, Longwood, FL 32779
      View Details
    • $20 SF/Yr
      4,909 SF

      Professional Office Space For Lease

      Professional office space near shopping and transportation.
      1230 Commerce Park Dr, Longwood, FL 32779
      View Details
    • $16 SF/Yr
      9,648 SF

      Freestanding Building Ideal for Office

      9,648± SF building suitable for office, school, daycare or religious use.
      1665 Ee Williamson Rd, Longwood, FL 32779
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2675 State Road 434
    Longwood, FL 32779
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!