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Property profile & analytics
OFF-MARKET Estimated value $3,470,000
Office buildings

685 Ronald Reagan Blvd Longwood, FL 32750-6435

14,705 SF 1.12 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-6932785
Property summary
AI-generated overview

This exceptional two-story, 14,705-square-foot building in Longwood, Florida, presents a unique investment opportunity. Located at 685 S. Ronald Reagan Blvd, 32750, this 2004-constructed property seamlessly blends executive office space with a fully functional warehouse. The building features 9,505 square feet of office space, meticulously designed to accommodate various business needs. This includes ten separate multi-tenanted electric meters, eight private offices, two large executive suites, a spacious open area perfect for workstations, and ample storage. The second floor boasts a separate entrance and exit, enhancing privacy and convenience. The property also includes two kitchens, eight ADA-compliant restrooms, and two server rooms, ensuring comprehensive functionality. The 5,200-square-foot warehouse is 100% air-conditioned and features a grade-level side bay roll-up door. Built with concrete tilt-wall construction, the building is designed to allow for a potential third-floor addition. The property is fully fire-sprinklered, meets all ADA codes, and includes an elevator for easy access between floors. Ample parking is provided with 48 spaces, including four handicap-accessible spots. This versatile property offers a compelling combination of modern office amenities and efficient warehouse space, making it an ideal investment for a variety of businesses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2004
Construction TILT-UP CONCRETE
Total area 14,705 SF
Lot 1.12 ac (48,787 SF)
APN 05-21-30-516-0000-0030
UPID US18-6932785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Royal Press (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.61M
Comparable Approach Comparable
$3.57M
Blend (final) Blend
$3.47M
Owner & transaction history
Wbaai LLC · 4 yrs held
Wbaai LLC
since 2022
Last sale
$2.5M
7 recorded transactions
2022
$2.5M
2017
$1.9M
2006
$460,300
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.9M +22.3%
Neighborhood: shopping center $3.3M +2.5%
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