The school district wants to sell the high-profile property and build or lease a less visible headquarters site, School Superintendent Ronald Blocker has previously disclosed. The school district is one of Orlando's largest landowners with a portfolio of 3,586 acres. The district, with 166 schools and 20 planned new locations, is the 16th largest in the nation and the fifth largest in Florida.
The school board is considering asking the most recent county appraisal figure as a starting price for its headquarters building--$28.9 million or $126 per sf.
"If that's what they want and that's what they get, it would still be a good deal for the board and an even better deal for the buyer," Dean Fritchen, senior associate, Arvida Realty Services Commercial Division, Winter Park, FL, tells GlobeSt.com.
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