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$13,950,000
52 Days Online

1211 State Road 436
Casselberry, FL 32707

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
83,520
SqFt
$167
/SqFt
1986
Built
Subdivision:
Interlachen Corporate Center
County:
Seminole

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1211 State Road 4361211 State Road 4361211 State Road 4361211 State Road 436
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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.

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Listing Snapshot
Price 
$13,950,000
Days Online 
52 Days
Bedrooms 
N/A
Inside Area (SqFt) 
83,520 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.29 Acres
Year Built 
1986
MLS® Number 
O6207211
Status 
Active
Property Tax 
$80,611
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Construction 
Other
Parking 
Ground LevelLightedOver 30 Spaces
Number of Stories 
Three Or More3
Acreage 
8.29
Property Sub Type 
Office
Foundation 
Slab
Zoning 
PMX-L
Ownership 
Other
Parcel Number 
28-21-30-534-0000-0010
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Waterfront Property 
No
Road Frontage 
State Road
Community Features
Township 
21
MLS Area 
32707 - Casselberry
Listing courtesy of RE/MAX ASSURED 800-393-8600



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-07-14 01:30 PM EDT

Neighborhood & Commute
Source: Walkscore
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