3260 Us Hwy 17th 92 Longwood, FL 32750-3737
- Retail space
- 3,840 SF
- 0.45 lot acres
Current Use by Public Records
- Retail space
Property Details for 3260 Us Hwy 17th 92
- Year built
- 1987
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.45 lot acres
- Property size
- 3,840 SF
- Property type
- Retail space
- APN
- 22-20-30-503-0000-0030
- APU
- 22203050300000030
Description
This exceptional retail property, located at 3260 N US Hwy 17-92 in Longwood, Florida, 32750, offers a fantastic opportunity for businesses seeking high-traffic exposure. The single-building complex, constructed in 1987, boasts a total of 3,840 square feet across four suites. One suite, measuring 960 square feet, is currently available, with the potential to combine spaces for larger requirements up to 1,920 square feet. The property sits on a sizable 4.5-acre lot, providing ample parking with 14 spaces available for customers and employees. Its strategic location on US Highway 17-92 offers significant visibility and accessibility, enhanced by 119 feet of highway frontage and a prominent pylon sign. The property is zoned for commercial use, allowing for a wide range of retail businesses. The lease rate is $40.00 per square foot, plus common area maintenance charges. This well-maintained property presents a compelling investment opportunity for businesses seeking a high-traffic location with excellent visibility and ample parking in the thriving Longwood market. Additional land may also be available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $385,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $460,000
- Geo Method
- $445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $380,000
- Mixed-Use
- $400,000
- Hospitality
- $400,000
- Educational
- $430,000
- Residential Income
- $475,000
- Energy
- $440,000
- Income-Based Land
- $480,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.3111
- Latitude
- 28.73
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA