3116 Washington St Zellwood, FL 32798-9661
This exceptional investment opportunity presents a vacant, 3,129 square foot freestanding building situated on a 1.62-acre lot in Zellwood, Florida. Located at 3116 Washington Street and 5612 Woodward Avenue, this Class C property boasts 135 feet of frontage on US Highway 441/West Orange Blossom Trail, a major thoroughfare with a high average annual daily traffic count of 36,259 vehicles. The property features a prominent monument sign, providing excellent visibility and brand recognition. With ample parking for 27 vehicles, this versatile space offers multiple potential uses, including a bank, retail establishment, or professional office. The property's convenient location provides easy access to Ponkan Road, SR 429 (Western Beltway), SR 414 (Maitland Blvd), SR 44, and I-4, ensuring high traffic flow and accessibility. The asking price is $1,500,000. The property consists of one building and includes two parcels (APN: 22-20-27-2736-10-043; 22-20-27-8600-00-190) totaling 1.62 acres. Previously used as a bank, it features a three-lane drive-thru. This is a rare opportunity to acquire a well-positioned property in a growing area with significant development potential. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs.
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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
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Zellwood, FLCosts & 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.