6100 LAKE ELLENOR DR, Orlando, FL 32809

$2,450,000

Est. payment /mo

$2,990,000

18.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6100 LAKE ELLENOR DR Orlando, FL 32809

38,420 SqFt

SOLD DATE : 05/03/2021

Key Details

Sold Price $2,450,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 38,420 sqft

Price per Sqft $63

MLS Listing ID O5902262

Sold Date 05/03/21

HOA Y/N No

Year Built 1975

Annual Tax Amount $33,645

Lot Size 3.150 Acres

Acres 3.15

Property Sub-Type Office

Source Stellar MLS

Property Description

We are pleased to bring to market 6100 Lake Ellenor, a rare add-value opportunity. The building is a 38,420 square foot office building located in the Orlando Central Park submarket which is home to 23,000 employees and local businesses. The property currently has 30.67% vacancy and features a mixture of small and large tenants allowing an owner to have stabilized cash-flow, as well as, opportunity to push rents on the small spaces. The property's current cap rate is 6.18% and new ownership has the immediate ability to grow it by 9.62% bringing the property to a potential 15.8% cap rate. Don't miss this opportunity, call for details.

Price Reduced - Motivated Seller!
• Value-Add Opportunity
• 30.67% Vacancy
• Grow the cap by 9.62% immediately
• Strong growth market
• Small & large office suites
• Great for investment & owner operator
•Half mile from the future UCF South Orlando Campus
• 23,000 employees in the immediate area
• Abundant Parking
• Quick access to major highways (I-4 & 528)

Location

State FL

County Orange

Area 32809 - Orlando/Pinecastle/Oakridge/ Edgewood

Zoning I-2/I-3

Interior

Cooling Central Air

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 2 to less than 5

Structure Type Concrete

New Construction false

Others

Ownership Other

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by Amy Fouraker 4 ACRE REALTY LLC
Bought with Stellar Non-Member Agent STELLAR NON-MEMBER OFFICE

NEARBY SCHOOLS & BUSINESSES

Magda Whelton

Magda Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

GET MORE INFORMATION

Name
Phone*
Message