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Property profile & analytics
OFF-MARKET
Estimated value
$4,675,000
Community centers
860 State Rd 434 Longwood, FL 32750-5189
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-7162327
Property summary
AI-generated overview
This exceptional 2,500 square foot medical office space is immediately available for lease in a newly renovated (2024) Class B building located at 860 W State Rd 434, Longwood, FL 32750. The single-story building, constructed in 2009, boasts a total of 5,000 square feet and features two suites. This unit offers excellent visibility and accessibility, situated within a thriving commercial and residential area. Enjoy a 12-foot ceiling height and three-phase power. The property benefits from a highly desirable location, just two miles east of I-4 Exit 94 and a half-mile west of South Seminole Hospital, placing it at the heart of a busy retail hub. This space is perfect for a medical practice seeking a modern, well-maintained facility with convenient access and high visibility. The building offers co-tenancy with Chipotle, further enhancing its appeal and attracting a steady flow of potential patients or clients. The space is ready for immediate occupancy. This is a rare opportunity to secure a prime medical office space in a rapidly growing area.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2009
Construction
CONCRETE BLOCKS
Total area
21,439 SF
Lot
3.36 ac (146,274 SF)
APN
06-21-30-300-021H-0000
UPID
US18-7162327
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
-
Chipotle Mexican Grill Restaurant
-
Families in Recovery of Central Florida Corporate Office
-
Florida Roof Experts Roofing Company General Contractor
-
L G Simmonds Real Estate Corporation Property Management Company
-
Fix My Attic General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$4.68M
Owner & transaction history
City Of Longwood · 4 yrs held
City Of Longwood
since 2022
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+19.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Longwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,765,000
Current use
COMMERCIAL (GENERAL)
$5,685,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$4,650,000
Change: -2% · Conversion: Moderate
RETAIL STORES
$4,075,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$4.68M
Range $4.21M – $5.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$218 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$51,304
Tax year 2023
Assessed value
$3,220,122
Assessed 2023
Previous assessed
$3,756,521
-14.3% YoY
Effective rate
1.59%
On assessed value
Land market value
$1,298,789
Improvement market value
$1,921,333
Total market value
$3,220,122
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2009
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
6
Total area
21,439 SF
Lot
3.36 ac (146,274 SF)
APN
06-21-30-300-021H-0000
UPID
US18-7162327
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$5.7M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
6
Lot
3.36 ac
Current owner
From public records · entity-resolved
City Of Longwood
Entity
Free & Clear · 4 yrs held
Mailing address
860 W STATE RD 434TH STE #1000, LONGWOOD, FL 32750-5191
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
—
City Of Longwood
David Demetree
Quit Claim Deed
related
—
May 8, 2015
—
Savage,longwood Trust
Savage R L Family Trust
Quit Claim Deed
related
—
Sep 14, 2009
—
Savage Longwood Trust
Mears 1999
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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