Homes for sale - 1211 STATE ROAD 436, Casselberry, FL 32707

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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 12,495,000

Est. payment | -/mo

83,520 SqFt

Save Virtual Tour

$ 12,495,000

Est. payment | -/mo

Save Virtual Tour

83,520 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 83,520 sqft

Price per Sqft $149

Subdivision Interlachen Corporate Center

MLS Listing ID O6207211

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $80,611

Lot Size 8.290 Acres

Acres 8.29

Property 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.

Location

State FL

County Seminole

Community Interlachen Corporate Center

Zoning PMX-L

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Ground Level, Lighted, Over 30 Spaces

Building

Story 3

Entry Level Three Or More

Foundation Slab

Lot Size Range 5 to less than 10

Structure Type Other

New Construction false

Others

Ownership Other

Special Listing Condition None

Listed by RE/MAX ASSURED

"People Before Property"

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1637 Racetrack Rd, Jacksonville, FL, 32259

1211 STATE ROAD 436 Casselberry, FL 32707