285 Central Ave Umatilla, FL 32784
- Office buildings
- 1,938 SF
- 0.34 lot acres
Current Use by Public Records
- Jennifer S Skovera Holt / Dentist
- Hays Dixon a DDS / Dentist
- RLW Realty / Real Estate Agency / Property Management Company
Property Details for 285 Central Ave
- Year built
- 1974
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 lot acres
- Property size
- 1,938 SF
- Property type
- Office buildings
- APN
- 13-18-26-0500-00E-00103
- APU
- 131826050000E00103
Description
This exceptional 1,938 square foot office building, situated on a 0.34-acre lot at 285 S Central Avenue in Umatilla, Florida, presents a unique investment opportunity. Previously used as a dental practice and currently configured as a professional office, the property boasts six private offices, ample space for two receptionists, a dedicated conference room, and two bathrooms. Adding to its functionality is a convenient coffee bar and both interior and exterior storage closets. The building underwent a significant remodel in 2022, resulting in a modern and efficient workspace. Improvements include a brand-new roof, updated lighting fixtures throughout, stylish new cabinets and quartz countertops, durable tile flooring, and stainless steel appliances in the coffee bar area. Its location on a main thoroughfare in Umatilla ensures high visibility and accessibility. The property is move-in ready and ideally suited for a variety of professional uses. The asking price for this well-maintained and updated office building is $395,000. This represents a compelling opportunity to acquire a turnkey commercial property in a desirable location. The combination of its recent renovations, functional layout, and prime location makes this an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $255,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $315,000
- Mixed-Use
- $285,000
- Hospitality
- $330,000
- Educational
- $245,000
- Residential Income
- $280,000
- Energy
- $305,000
- Income-Based Land
- $315,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Umatilla
- County
- Lake
- State
- Florida
- Longitude
- -81.6718
- Latitude
- 28.9208
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
