Prime +-3.1 acre commercial property with approximately 350 ft. frontage along State Road 436 (Semoran Blvd) offering outstanding highway visibility and exposure. Located in the heart of beautiful Casselberry, this asset is strategically positioned on one of Central Florida's most heavily traveled commercial corridors, providing exceptional accessibility and long term development potential. retail, professional office, medical healthcare and Institutional uses. Excellent ingress and egress, with close proximity to 17/92. SR 417 and I-4, enhances connectivity and tenant demand. The majority of the units have undergone recent renovations. Additionally, the property is equipped with fully updated fire sprinkler and fire alarm systems meeting current code standards, reducing near-term capital expenditures while enhancing safety and minimizing deferred maintenance. these upgrades position the asset for stable in-place income with upside through leasing, rental growth or future development.
Financial Considerations
Price:
$12,000,000
HOA Fee:
N/A
Tax Amount:
$54379
Price per SqFt:
$181.82
Tax Legal Description:
PT OF BLK E DESC AS BEG W COR LOT 39 BLK C RUN S 41 DEG 27 MIN 21 SEC W 193.38 FT S 15 DEG 6 MIN 38 SEC E 75.96 FT S 47 DEG 41 MIN 10 SEC E 369.15 FT N 87 DEG 31 MIN 52 SEC E 224.22 FT N 16 FT N 77 DEG 47 MIN 53 SEC E 17.14 FT S 83 DEG 19 MIN 52 SEC E 18.96 FT S 10 DEG 37 MIN 40 SEC E 20.08 FT W 104.59 FT N 48 DEG 2 MIN 8 SEC W TO BEG BLK E CARRIAGE HILL UNIT 1 PB 14 PG 97