1211 State Road 436, CASSELBERRY, FL 32707
Priced at Only: $12,950,000
Would you like to sell your home before you purchase this one?
- MLS#: O6207211 ( Commercial Sale )
- Street Address: 1211 State Road 436
- Viewed: 157
- Price: $12,950,000
- Price sqft: $155
- Waterfront: No
- Year Built: 1986
- Bldg sqft: 83520
- Days On Market: 198
- Acreage: 8.29 acres
- Additional Information
- Geolocation: 28.6374 / -81.3231
- County: SEMINOLE
- City: CASSELBERRY
- Zipcode: 32707
- Subdivision: Interlachen Corporate Center
- Provided by: RE/MAX ASSURED
- Contact: Chris Pittman
- 800-393-8600
- DMCA Notice
Description
Welcome to Casselberry Corporate Center. This Class A office center offers an impressive 83,520 SF of total building space, with 80,035 SF of leasable square footage and is situated on a sprawling 361,112 SF, 8.29 acre lot. This property is strategically located near Winter Park and Maitland, esteemed sub markets in the Orlando regional area. The subject property has undergone over $1 million in significant recent upgrades, including upgraded LED lighting and flooring in nearly all units, a remodeled lobby and common areas, new HVAC, new lot paving, upgraded bathrooms, a new tenant directory, LED lights in the parking lot, all new irrigation plus landscaping and much more. The property is turn key ready and move in ready to operate. This 8.29 acre office site features a picturesque, park like setting adorned with mature trees, an inviting outdoor seating area, and convenient proximity to convenience stores and restaurants, as well as direct access to Orlando International Airport via Semoran Blvd. This meticulously upgraded office space offers a prime investment opportunity in a thriving location. This corporate office center is priced to sell at $167.03 per square foot. This building is perfect for an owner user corporate headquarters or an investor. Strong tenant mix. 6.8% actual cap rate with 86% occupancy. Projected cap rate is 8.8% once fully leased. An opportunity for an owner user to take up to 45k SF.
Payment Calculator
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Garage and Parking
- Garage Spaces: 0.00
- Parking Features: Ground Level, Lighted, Over 30 Spaces
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Road Frontage Type: State Road
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
Other Features
- Country: US
- Legal Description: LOT 1 INTERLACHEN CORPORATE CENTER PB 66 PG 78
- Levels: Three Or More
- Area Major: 32707 - Casselberry
- Parcel Number: 28-21-30-534-0000-0010
- Views: 157
- Zoning Code: PMX-L
Contact Info
- Martin Scott Realty
- Service You Deserve ~ People You Trust
- 321.297.8991
- martinscottrealty@yahoo.com
Property Location and Similar Properties
Nearby Subdivisions