tomo logo

$499,000

Beds
2
Baths
1.0
sq ft
610

809 N John Young Pkwy, Kissimmee, FL 34741

809 N John Young Pkwy

KISSIMMEE, FL 34741

  • 665 days on market
This prime commercial property for sale on John Young Parkway appears to be an interesting investment opportunity. Here are some key details to consider: Location: Being situated on John Young Parkway, a major thoroughfare, can make this property highly visible and accessible, which is often crucial for commercial real estate. Multiple Lots: The property consists of two lots next to each other, potentially providing flexibility for development or expansion. This can be advantageous for commercial projects that require more space. Rental Income: One of the lots includes a small house that is currently rented for $650 per month. This rental income can provide an immediate return on investment for the buyer. Land Size: The total land size is approximately 0.22 acres. This can be a significant asset, especially in a commercial context where land size and configuration can impact the potential uses of the property. Cash Buyers Only: The listing specifies that cash buyers are preferred, which suggests that the seller may be looking for a quick and straightforward transaction without the complexities associated with mortgage financing. As-Is Sale: The seller is selling the property in as-is condition. This means that any necessary repairs or improvements will be the responsibility of the buyer. It's essential for potential buyers to conduct a thorough inspection to assess the property's condition before making an offer. Given the commercial nature of this property, potential buyers may have various options for its use, such as retail, office space, or redevelopment for a different commercial purpose. However, it's essential to conduct due diligence, including researching local zoning regulations and land use restrictions, to ensure the property aligns with your intended commercial venture. If you're interested in this property, it's advisable to contact the seller or a commercial real estate agent for more information, to schedule a viewing, and to discuss the specific details and potential of this investment.

Details

Property type

Single Family Residence

Est. home value

$480,511

Lot size

9,758 sq ft

Price per sq ft

$819

Year built

1944

Annual property taxes

$1,666

Price History

01/24/2023
StellarMLS

StellarMLS #S5079783

Listed
$499,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

April 2005

Original loan amount

$97,500

Est. remaining balance

Not provided

Interest rate

5.12%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Adhaar Lall and Nandanie Lall

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/19/2024 at 6:40 AM

Listing updated: 07/12/2024 at 10:42 AM

Listed by: Kish Munjal, CENTURY 21 ALL HOMES & PROPERT Phone #: (407) 343-1300

MLS: StellarMLS #S5079783

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