Address
1211 State Road 436, CASSELBERRY, FL
Price
$ 13,950,000
Property Attributes
  • MLS#O6207211
  • TypeCommercial
  • CountySEMINOLE
  • CityCASSELBERRY
  • AreaCasselberry
  • NeighborhoodInterlachen Corporate Center
  • Zip32707
  • StyleOffice
  • Year Built1986
  • Taxes$ 80611
  • Price$ 13,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage83520
  • Lot Size8.29 Acres
Data Source:
Stellar MLS
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, 8.32-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.

Price History
5/22/2024 Listed $13,950,000

General Features

Heating Central
Cooling Central Air
Zoning PMX-L
Construction Materials Other
Year Built 1986
Levels Three Or More
Property SubType Office
Tax Year 2023
Percent Ownership Other
County Seminole
New Construction No
Property Type Commercial Sale
Subdivision Name INTERLACHEN CORPORATE CENTER
Status Active
Directions Go Past Lake Howell,Heading North on SR 436,Turn left into Casselberry Corporate Center at destination: 1211 SR 436 Casselberry,FL 32707
ModificationTimestamp 2024-05-30T23:11:08.657Z
City CASSELBERRY
Buyer Agent Compensation 1%
View Y/N No
MLS Area 32707 - Casselberry
Lot Size Units Acres
Lot Size Square Feet 361112
Waterfront Y/N No
Tax Annual Amount 80611
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6207211
Days on Market 8
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description LOT 1 INTERLACHEN CORPORATE CENTER PB 66 PG 78
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Parking Features Ground Level,Lighted,Over 30 Spaces
Lot Size Area 8.29
Foundation Details Slab
Number of Buildings 1
Building Area Total 83520
Lot Size Acres 8.29
Road Surface Type Asphalt,Paved
Road Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32707

Price
AVG $10.19M
$13.95M
Taxes
AVG $44,900
$80,611
Visits
AVG 95
74
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1986