407-841-8000
1117 International Pky, Lake Mary, FL for Sale
Commercial LAND - FOR SALE
1/17
111,514 SF

1117 International Pky
Lake Mary, FL 32746


HIGHLIGHTS

  • Strong In-Place Cash Flow: Annual net income of $262,440, totaling $1,574,640 over the next five years
  • Covered Land Play
  • Future Development Opportunity

OVERVIEW

- Strong In-Place Cash Flow: Annual net income of $262,440, totaling $1,574,640 over the next five years - Covered Land Play: Ideal opportunity to generate income while planning entitlement and development - Future Development Optionality: Highly desirable site for private or public hospital, medical office building, office condos, or high-end restaurant uses - Potential Early Lease Buyout: Opportunity for accelerated value realization upon redevelopment readiness - Prime Location & Exposure: ±16,400 vehicles per day with excellent visibility and access along International Parkway - Affluent Trade Area: Average household income of $139,099 within a 3-mile radius; one of Florida’s most affluent residential markets within two miles - High-Barrier Submarket: Located in Lake Mary, a premier Central Florida office and medical corridor with limited developable land - Synergistic Surroundings: Adjacent to an established retail center under the same ownership with regional and national tenants - Employment Density: Surrounded by Fortune 500 companies employing thousands of high-income professionals - Stable Demand Drivers: Strong population growth, educated workforce, and consistent daytime activity supporting long-term value

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Verizon NNN leased pad - Redevelopment Upside

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.56 AC

LAND SF

111,514 SF

OFFSITE IMPROVEMENTS

-

ZONING

PUD

APN/PARCEL ID

06-20-30-300-0050-0000

ASK ABOUT THIS PROPERTY

Sean GlickmanCushman & Wakefield of Florida, Inc.More Info
407-841-8000

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Sean GlickmanCushman & Wakefield of Florida, Inc.More Info
407-841-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.