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515 State Road 434 Longwood, FL 32750

OFF-MARKET Office Spaces Google Maps
55,290 SF Built 1994
Entity Owned 2-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US18-7063689

Property summary

AI-generated overview

This exceptional three-story, Class B medical office building, totaling 55,290 square feet, presents a unique investment opportunity in the thriving Longwood, Florida market. Located at 515 W State Road 434 in Seminole County, this multi-tenant property boasts a convenient location on the campus of Orlando Health's South Seminole Hospital, ensuring high visibility and accessibility. Built in 1994, the building offers 130 parking spaces for ample tenant and visitor convenience. The building features 11-foot ceilings throughout, providing a spacious and comfortable work environment. Multiple suites are available, ranging from a minimum of 1,439 square feet to a maximum contiguous space of 4,695 square feet, with a total of 17,059 square feet currently vacant. This presents a flexible opportunity for various medical practices, from small individual offices to larger group practices seeking expansion. The property's strategic location, combined with its size and amenities, makes it an ideal investment for those seeking a strong return in the growing healthcare sector. The building's existing infrastructure and ample parking provide a solid foundation for immediate occupancy and long-term growth. This is a rare opportunity to acquire a well-situated medical office building in a high-demand area.

Property profile

Verified
Property type Office Spaces
Year built 1994
Total area 55,290 SF
UPID US18-7063689

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
  • Physician
  • Physician
  • Health
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
5 recorded transactions
2024
$1.2M
2021
$4.7M
2021
$275,000
2020
Price N/A
2017
$175,000

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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