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Property profile & analytics
OFF-MARKET Estimated value $2,055,000
Office buildings

901 Douglas Ave Altamonte Springs, FL 32714-2000

14,919 SF 1.06 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-0290279
Property summary
AI-generated overview

This exceptional two-story office building, located at 901 Douglas Ave in Altamonte Springs, Florida, presents a unique investment opportunity. Boasting a total of 15,814 square feet on a 1.06-acre lot, this property offers a variety of office spaces to suit diverse needs. The building, constructed in 1983, is zoned for Office/Professional use within Seminole County and is categorized as Traditional, Executive, Medical, and Creative Office space, making it highly adaptable. Multiple tenancies are currently available, ranging from 593 square feet to 2,695 square feet, providing flexibility for businesses of various sizes. The building features ample parking with 67 spaces available for tenants and visitors. While the building does not include elevators, its two-story design offers convenient access. Situated in the Altamonte Springs submarket within the Orlando cluster, this property benefits from a prime location within a thriving business community. The property's versatility and strategic location make it an attractive option for businesses seeking a well-established presence in the Orlando area. This is a rare opportunity to acquire a well-maintained office building with significant potential for growth and return on investment. The property's diverse zoning and adaptable space make it suitable for a wide range of businesses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Construction CONCRETE BLOCKS
Total area 14,919 SF
Lot 1.06 ac (46,284 SF)
APN 01-21-29-5CK-590G-0060
UPID US18-0290279
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
  • Positive Behavioral Solutions Counselor
  • Munroe Haas PA Accounting Firm Tax Preparation
  • Ability Rehabilitation Physician
  • Marvelous and Delicious LLC Food Processing Plant
  • Amanda Gottschalk Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.24M
Blend (final) Blend
$2.06M
Owner & transaction history
Jareag LLC · 4 yrs held
Jareag LLC
since 2022
Last sale
$1.9M
5 recorded transactions
2022
$1.9M
2022
Price N/A
2018
$100
2007
Price N/A
2006
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $3.3M +21.6%
Retail stores $2.8M +4.0%
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