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Investment Highlights

  • High traffic count
  • Lots of natural light

Executive Summary

Prime 5000 SF office building right on Hwy 17-92 Casselberry, concrete construction with concrete roof , steel bar joist trusses and new 20:year roof with 20 year warranty. 8 fully occupied spaces, all new tile, very high end construction. Lots of excess parking with room to add another 4000 sf of building. Upgraded air conditioners. This building is best suitable by an owner user, using as much space as you want and lease the rest. The building is 5000 sf all rents are well below market rents with lots of upside. Large pole sign on street, back parking lot lighting. Flood proof due to raised site, with excellent drainage and city sewer. Several large oak trees for shade of visibility from road.. there is a nice picnic are out back under a large oak tree.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
C
Year Built
1970
Price
$1,375,000
Price Per SF
$275
Cap Rate
3.27%
NOI
$45,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.18
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
CG - Retail service, sales, church, office medical
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Central Heating
  • Common Parts WC Facilities
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
17-21-30-506-0E00-0010
Land Assessment
$391,248
Improvements Assessment
$352,284
Total Assessment
$743,532
  • Listing ID: 32907161

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 5050 Us-17-92 Hwy, Casselberry, FL 32707

Contact the Sale Advisor

5050 Us-17-92 Hwy

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