845 Orange Blossom TrlApopka, FL 32703

Property Details for 845 Orange Blossom Trl

Year built

2019

Lot size

1.07 AC

Property size (Sq ft)

2,057 SF

Zone code

C-R

Property type

Retail properties

Property subtype

Turn key restaurants

APN

11-21-28-0206-00-070

APU

112128020600070

Description

This exceptional investment opportunity presents a fee-simple ownership of a 1,893 square foot Charleys Cheesesteaks restaurant located at 845 S Orange Blossom Trail in Apopka, Florida. Built in 2019, this single-tenant, freestanding building sits on a 1.07-acre lot and boasts 100% occupancy with a strong, established tenant. The property benefits from a Net Lease (NN) structure with the franchisee tenant responsible for 100% of real estate taxes, insurance, and common area maintenance

• CAP approach

  CAP return

  Valuation

  6%

  $545,507

  6.5%

  $503,545

  7%

  $467,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $813,987

  Geo Method

  $813,987

• Alternative Use

  Use

  Valuation

  Residential

  $424,759

  Hospitality

  $389,077

  Educational

  $323,707

  Medical

  $334,840

  Retail

  $503,545

Location Insight

City

Apopka

County

Orange

State

Florida

Latitude

28.6692

Longitude

-81.4902

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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