1626 Orange Blossom TrlApopka, FL 32703

Property Details for 1626 Orange Blossom Trl

Year built

2008

Lot size

6.82 AC

Property size (Sq ft)

49,816 SF

Zone code

C-C

Property type

Retail space

APN

05-21-28-0173-00-030

APU

52128017300030

Description

Apopka Commons offers a prime retail opportunity in a thriving Florida location. This 45,368 square foot shopping center, built in 2008, boasts a Home Depot shadow anchor and is situated on State Road 441, just west of State Road 451. The property sits on 6.82 acres of land and is surrounded by densely populated residential areas and other national and regional tenants, ensuring high visibility and foot traffic. Currently, there is 1,441 square feet of vacant retail space available, perfect for a variety of businesses. The Western area of Apopka experiences significant growth, making this a strategic location for businesses seeking expansion or a new market entry point. The multiple-tenancy structure provides a vibrant and diverse shopping environment. This property presents a unique chance to establish a presence in a rapidly developing area with strong existing retail infrastructure. The available space offers excellent potential for immediate occupancy and business growth within a well-established shopping center. The property's location and existing tenant mix provide a strong foundation for success.

• CAP approach

  CAP return

  Valuation

  6%

  $13,440,956

  6.5%

  $12,407,036

  7%

  $11,520,819

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,712,968

  Geo Method

  $19,712,968

• Alternative Use

  Use

  Valuation

  Residential

  $10,465,799

  Hospitality

  $9,586,616

  Educational

  $7,975,952

  Medical

  $8,250,257

  Retail

  $12,407,036

Location Insight

City

Apopka

County

Orange

State

Florida

Latitude

28.686

Longitude

-81.539

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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