Technical
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Distress signals
Property profile

4355 Bear Gully Rd Winter Park, FL 32792

FOR LEASE
Office buildings
Property ID
US18-0949841
5,422 SF 2.53 ac lot Built 2003
Entity Owned 27-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,914 square foot Class B medical office building in Winter Park, Florida. Situated on a 2.9-acre lot, the property includes two buildings, spanning two stories, and offers 52 parking spaces. Built in 1979 and renovated in 2003, the main building features an architecturally pleasing mid-century modern design. Currently housing two tenants, including an outpatient surgery center and an orthopedic practice, this multi-tenant property offers immediate income potential. An additional 0.3-acre lot, acquired for future redevelopment, expands the possibilities. Architectural plans indicate potential for a building up to 23,445 square feet on the combined 2.9 acres. A small, fully functional residential structure on the property offers versatile use, such as storage, or could be removed for redevelopment. The property enjoys a serene setting with mature landscaping, proximity to the Cross Seminole Trail, and a location near executive homes, Tuskawilla Golf and Country Club, and Trinity Preparatory School. Its convenient location just off Aloma Avenue on Bear Gully Road in Winter Park, Seminole County (zip code 32792), provides excellent access to a desirable patient base in Winter Park and Oviedo. This unique property offers significant flexibility for a creative buyer seeking to maximize income and expand their practice.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2003
Construction CONCRETE BLOCKS
Total area 5,422 SF
Lot 2.53 ac (110,033 SF)
APN 36-21-30-300-0100-0000
UPID US18-0949841

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Hospital
  • Physician
  • Physician Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

4355 Bear Gully Rd Winter Park, FL 32792
Winter Park metro Census 22207 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$895k

Owner & transaction history

since 1999
1 recorded transaction
1999
$900,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.5M +74.5%
Commercial (general) $2.5M +71.4%
Retail stores $1.7M +15.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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