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Property profile & analytics
OFF-MARKET Estimated value $875,000
Warehouses

900 State Rd 434 Winter Springs, FL 32708-5788

5,088 SF 176.7 ac lot Built 2005
Individually Owned 20-yr Hold Free & Clear
Property ID
US18-6481231
Property summary
AI-generated overview

This exceptional 176.6-acre property in Winter Springs, Florida, presents a prime redevelopment opportunity. Located at 900 W State Rd 434, Seminole County, zip code 32708 (APN: 33 20 30 515 0103 000), this fee-simple land boasts a PUD zoning designation. Its strategic location, approximately 10 miles north of Orlando, offers unparalleled access to a thriving market. The permitted zoning allows for a diverse range of uses, including multi-family residential (single-family residences and townhomes), commercial, assisted living, independent living, medical facilities, hospitality, and retail spaces. A proposed development plan envisions a high-density residential community incorporating apartments and independent living options, alongside an assisted living facility and medical offices. Given that approximately one-third of Winter Springs' population is 55+, this site is particularly well-suited for healthcare and medical-related developments. This significant acreage presents a rare chance to create a vibrant, mixed-use community catering to a wide range of needs. The property's size and zoning flexibility offer considerable potential for a substantial return on investment. This is a truly unique opportunity to shape the future of Winter Springs.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2005
Construction CONCRETE
Total area 5,088 SF
Lot 176.7 ac (7,697,052 SF)
APN 33-20-30-515-0I03-0000
UPID US18-6481231
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$889k
Blend (final) Blend
$875k
Owner & transaction history
Arman Rahbarian · 20 yrs held
Arman Rahbarian
since 2006
4 recorded transactions
2006
$1.2M
2006
Price N/A
2005
Price N/A
1998
$4.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +45.1%
Neighborhood: shopping center $1.1M +21.6%
Retail stores $965,000 +4.0%
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