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34452430
34452444

540 N. State Road 434, Altamonte Springs, FL 32714 For Sale

LM
FL SL3282161
J. Wayne Miller Co
Listed by J. Wayne Miller Co
$19,800,000
0 days on market
Updated 0 days ago

South Seminole Business & Storage Park

Details
APN 09-21-29-300-022E-0000
Property Type Office, Mixed Use (+1)
Sub Type Business Park, Self Storage
Square Footage 72,000
Cap Rate 4.50%
NOI $891,000
Occupancy 90%
Tenancy Multi
Lease Type Gross
Price per SqFt $275
Class C
Year Built 1974
Year Renovated 1995
Buildings 2
Stories 1
Acreage 5.510
Zoning Planned Unit Development Mixed-Other
Investment Type Stabilized
Ground Lease No
Ceiling Height 9
Ownership South Seminole Business & Storage Park, LLC

Business & Storage Park | 72,000 SF | 121 Leasable Parking Spaces | 5.5 Acres

Marketing description

A well-established, family-owned self-storage and business park in one of Central Florida’s most accessible and growing submarkets. This single-story, ground-level facility offers immediate cash flow from diversified tenants (storage, offices, parking) with significant upside through professional management, expansion, or redevelopment.

Sellers are licensed real estate brokers and agents with ownership interest.

Investment highlights

  • Highly visible on SR 434, just north of the SR 434/436 intersection
  • Flexible Mixed-Use Zoning (PUD-MO): Self-storage units, professional office spaces, vehicle/RV/boat parking

Listing Contacts

LM
FL SL3282161
J. Wayne Miller Co
Listed by J. Wayne Miller Co

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$891,000.00
$74,250.00/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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Additional Information

Name
J. Wayne Miller
License
BK60297
Brokerage
J. Wayne Miller Company
Brokerage Phone
407-869-1229
Title
Broker of Record
Brokerage Address
540 N. State Road 434, Altamonte Springs, FL 32714
Name
Lauren Miller
License
SL3282161
Brokerage
J. Wayne Miller Company
Brokerage Phone
407-869-1229
Title
Real Estate Sales Person
Brokerage Address
540 North State Road 434
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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