contact...contact: zach kulics advisor: 407.917.2230 [email protected] • free standing...
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CONTACT:ZACH KULICSAdvisor: [email protected]
• Free Standing• Ideal Owner/User Opportunity• 2.29 Acres• Lake Front• GC2 Zoning• Asking Price: $950,000• 9.54/1,000 SF Parking Ratio
2884 S ORLANDO DR, SANFORD, FL 32771
4,900 SF OFFICE BUILDING FOR SALELocated in an Opportunity Zone
PROPERTY FEATURES2018 Demographics 1 Mile 3 Miles 5 Miles
Population 12,235 61,892 105,704
Average Income $46,532 $60,039 $70,094
Median Age 33.2 35.9 36.5Median Income $37,125 $44,525 $51,881ewg
Traffic Counts 2017
Orlando Dr 29,500 AADT
341 NORTH MAITLAND AVENUE, SUITE 115 | MAITLAND, FL 32751407.843.7070 | REALTYCAPITALFL.COM
341 N. Maitland Avenue, STE 115 • Maitland, FL 32751 • P 407.843.7070 • F 407.843.2070 realtycapitalfl.comNo warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
S I T E L O C A T I O N & A E R I A L
341 N. Maitland Avenue, STE 115 • Maitland, FL 32751 • P 407.843.7070 • F 407.843.2070 realtycapitalfl.comNo warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
A B O U T O P P O R T U N I T Y Z O N E S
Figure 1 Below. Investing in an Opportunity Fund vs. a Standard Stock Portfolio Scenario: A Capital Gain of $100 is reinvested in 2018.
Subject Property
Low Tax Opportunity Zones, as established in the federal Tax Cut and Jobs Act of 2017, encourage long-term investment and job creation in targeted communities by reducing taxes for many job creators. Low Tax Opportunity Zones enhance local communities’ ability to attract businesses, developers and financial institutions to invest in targeted areas by allowing investors to defer capital gains taxes through investments in federally established Opportunity Funds.
“FL Government Staff Writers (2018, April 19) Gov. Scott Announces 72 Low Tax Opportunity Zone Designations for Orlando Area. Retrieved from https://www.flgov.com/2018/04/19/gov-scott-announces-72-low-tax-opportunity-zone-designations-for-orlando-area/”
“Economic Innovation Group (2018, January) The Tax Benefits of Investing in Opportunity Zones. Retrieved from https://eig.org/wp-content/uploads/2018/01/Tax-Benefits-of-Investing-in-Opportunity-Zones.pdf”
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Our Opinion:
Orlando continues to lead the state in job creation, and thrives off of the ability to provide local families the opportunities to live successful lives. Of the 427 recommended Opportunity Zones in the state, 3 of these zones are located in Seminole County. This property for sale is conveniently located in one of these zones, providing a tremendous opportunity for the potential purchaser.