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185 S Ronald Reagan Blvd
Longwood, FL 32750
427 Plaza · Retail Property For Sale

Investment Highlights

  • Location at SR 434 and CR 427/Ronald Reagan Blvd - anticipated future redevelopment and ongoing improvements to this cooridor boast upside potential
  • Shawdows CVS, Wawa, Walgreens, Sonic, plus a possible mixed use development site immediate to the east of the property
  • Signalized intersection of SR 434 and CR 427, 300 FT +/- to to the north

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,956 SF
Building Class
C
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.69 AC
Zoning
IMU - Innovation Mixed-Use zoning district
Parking
33 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
300’ on Ronald Reagan Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 185 S RONALD REAGAN BLVD , LONGWOOD, FL 32750

Well positioned and occupied retail property near the signalized controlled intersection of SR 434 and CR 427/Ronald Reagan Blvd, Longwood. Shadowed by CVS, Wawa, Walgreens, Sonic, and State Farm Insurance, etc. The Longwood Sunrail station is a short distance to the north of the property. Traffic counts along SR 434 and CR 427 are a bristling 40,000 at SR 434 and Milwee St and 23,095 at S Ronald Reagan Blvd and Lake Ave. Wawa has been a recent development addition on the northern boundary/edge of the subject property. There is a 7 acre +/- vacant land parcel to the east of the property being marketed for sale. It is anticipated a mixed use concept will be developed there with access off SR 434 and likely East Maine St, just east of our property. Our asset will likely be well positioned, based upon this new potential concept, for a redevelopment play allowing for fresh retail concepts taking advantage of the land flow access to Ronald Reagan in support of this development concept to the east. It is likely East Evergreen St running along the northern boundary of our property, providing ingress/egress to our occupants, as well as CVS and Wawa, will likely be a conduit of access into this future potential development to our east. Then E Maine St, running along our southern boundary, will likely provide additional roadway access to the potential mixed use development's southern roadway exposure. The City of Longwood seems committed to revitalizing this important roadway intersection of their community.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 05-21-30-514-0000-0140
  • 05-21-30-514-0000-0080
Land Assessment
$1,535,058
Improvements Assessment
$333,725
Total Assessment
$1,868,783
  • Listing ID: 11813620

  • Date on Market: 3/5/2018

  • Last Updated:

  • Address: 185 S Ronald Reagan Blvd, Longwood, FL 32750

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