733 Goldenrod Rd Orlando, FL 32822-8100
- Office buildings
- 5,448 SF
- 1.32 lot acres
Apr 30, 2020
Current Use by Public Records
- Charles Cantrell, APRN Palm Medical Centers - Orlando Goldenrod Rd. / Nurse Practitioner
- Gilfredy Acevedo / Internist / Medical Clinic
- Felix Cotto, MD Palm Medical Centers - Orlando Goldenrod Rd. / Doctor
- Julie M Fernandez, DO / Family Practice Physician
- Glenda E. Gonzalez-Cortes, MD Palm Medical Centers - Orlando Goldenrod Rd. / Medical Clinic / Medical Office
Property Details for 733 Goldenrod Rd
- Year built
- 2008
- Lot size
- 1.32 lot acres
- Property size
- 5,448 SF
- Zone code
- RSTD C-1
- Property type
- Office buildings
- APN
- 35-22-30-6409-00-020
- APU
- 352230640900020
Description
This exceptional medical office building, located at 733 S Goldenrod Rd, Orlando, FL 32822, presents a compelling investment opportunity or potential owner-occupancy scenario. The property boasts 5,448 square feet of space, with 5,256 square feet net rentable, across a single building situated on a 1.32-acre lot. Currently housing two medical tenants under a triple net (NNN) lease, this multi-tenant property offers a strong, stable income stream. The asking price is $2,800,000, translating to $513.95 per square foot. Ample parking is provided with 64 spaces, exceeding the recommended ratio at 11.7 spaces per 1,000 square feet. The property features gated access and is zoned RSTD C-1. Its prime location on a major thoroughfare offers easy access to Downtown Orlando, airports, and major highways. The existing structure allows for potential expansion, with the possibility of adding a third office suite. Many exam rooms are equipped with sinks, catering to the specific needs of medical practices. The property's parcel number (APN) is 35-22-30-6409-00-020. This is a turnkey opportunity for investors seeking a high-return medical office building in a desirable Orlando location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,750,000
- ML approach
- $1,765,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,590,000
- 6.5%
- $1,470,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,041,000
Market price range: $264k - $1.12M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,725,000 Current use
- AUTO REPAIR, GARAGE
- $1,815,000 Change: +5% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,635,000 Change: -5% Conversion: Easy
- RETAIL STORES
- $1,385,000 Change: -20% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.2852
- Latitude
- 28.5343
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
