801 E State Road 434 Longwood, FL 32750
Property Lookup
Property profile & analytics
801 E State Road 434 Longwood, FL 32750
- Banks
- 6,000 SF
- 1.45 lot acres
Property ID
US18-2154891
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dunkin' / Bakery / Discount Store
- Truist Mortgage / Loan Service / Bank
- Truist / Bank / Loan Service
- Nelahtem Animal Experts / Animal Shelter / Pet Adoption Service
- Cameron V Decker - Truist Mortgage Loan Officer / Loan Service / Bank
Property Details for 801 E State Road 434
- Year built
- 1974
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.45 lot acres
- Property size
- 6,000 SF
- Property type
- Banks
- APN
- 32-20-30-510-020A-0000
- APU
- 322030510020A0000
Description
This fee-simple, absolute NNN-leased Truist Bank in Longwood, Florida, presents a compelling investment opportunity. Boasting a 6.75% cap rate, the 5,904 square foot property sits on a 1.45-acre lot at a signalized intersection with over 27,000 vehicles daily. The 20-year lease, commencing July 25, 2007, and expiring July 31, 2027, includes two five-year options and 10% rent bumps every five years. The property, built in 1974 and renovated in 2008 and 2022, benefits from a strong tenant, Truist Bank, with deposits exceeding $113 million in 2023. Its prime location is surrounded by numerous colleges and universities, including Freedom State University, Seminole State College, Troy University, and Rasmussen University, as well as hospitals like Mid Florida Hospital and Orlando Health South. The asking price is $4,023,467, representing a price per square foot of $681.48. The property's strong tenant, location, and lease terms make it an attractive investment with significant intrinsic value. The current NOI is $271,584. This single-story building features a drive-thru. The property is located in the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,915,000
- AI Estimate
- $2,915,000
Market price range: $858k - $8.16MMarket price range: $858k - $8.16M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $2,910,000 Current use
- RESTAURANT
- $3,970,000 Change: +37% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,770,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.3335
- Latitude
- 28.6984
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,425
$0.00
$0.00
$1,401,272
-
$740,250
$661,022
$1,401,272
