3210 Lk Emma Rd Lake Mary, FL 32746-3359

This exceptional 92,127-square-foot office building, situated on 23.3 acres in the prestigious Lake Mary, Florida, offers a compelling value-add investment opportunity. Built in 1996 and renovated between 2014 and 2017, the three-story building features a central core design with existing interior corridors, allowing for flexible space configurations to accommodate a variety of tenant sizes. Currently, the multi-tenant property boasts 35% occupancy with a net operating income (NOI) of $299,388. The property's M-1A zoning permits redevelopment, presenting a significant opportunity for repositioning or new construction. The ample 6.5 parking spaces per 1,000 square feet is a key competitive advantage. Additional features include a building generator ensuring 100% redundancy, and a loading dock with two overhead doors and a convenient truck well design, serviced by a freight elevator. Located in the affluent Lake Mary submarket within the Orlando MSA, the property benefits from a strong demographic profile, with a 3-mile radius boasting an average household income of $147,309 and a population of 54,481. The area's upscale residential neighborhoods, top-rated schools, and abundant corporate amenities, including Topgolf and numerous restaurants and shopping options, create a highly desirable location for businesses and employees. This property presents a unique chance to capitalize on a prime location and strong market fundamentals.