685 Ronald Reagan Blvd, Longwood, FL 32750-6435
- Office buildings
- 14,705 SF
- 1.12 lot acres
Current Use by Public Records
- Royal Press / (Bike/Boat/Book/etc) Store / Printing Service
Property Details for 685 Ronald Reagan Blvd
- Year built
- 2004
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.12 lot acres
- Property type
- Office buildings
- APN
- 05-21-30-516-0000-0030
- APU
- 5213051600000030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2022 | $2,525,000 | Wbaai LLC | Shipfast LLC | Special Warranty Deed | $2.1M · Truist Bank |
| Feb 28, 2017 | $1,850,000 | Shipfast LLC | Troca Holdings LLC | Warranty Deed | $1.6M · Florida Community Bank NA |
| Dec 29, 2006 | $460,300 | Torca Holdings LLC | Toro,manuel A & Dora C D | Quit Claim Deed · related | — |
| — | — | Manuel A Toro | — | Deed Of Trust · related | $693k · Banco Popular North America |
| — | — | Manuel A Toro | — | Deed Of Trust · related | $90k · Banco Popular North America |
| — | — | Manuel A Toro | — | Deed Of Trust · related | $97k · Banco Popular North America |
| — | — | Manuel A Toro | — | Deed Of Trust · related | $96k · Banco Popular North America |
| — | — | Manuel A Toro | — | Deed Of Trust · related | $867k · Banco Popular North America |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,140,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,905,000
- 6.5%
- $3,605,000
- 7%
- $3,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,567,000
- AI Estimate
- $3,567,000
Market price range: $2.03M - $4.50MMarket price range: $2.03M - $4.50M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,190,000 Current use
- COMMERCIAL (GENERAL)
- $3,900,000 Change: +22% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $3,265,000 Change: +2% Conversion: Difficult
- RETAIL STORES
- $2,795,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.3454
- Latitude
- 28.6898
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
