803 Park AveApopka, FL 32712

Property Details for 803 Park Ave

Year built

1973

Lot size

1.55 AC

Property size (Sq ft)

4,873 SF

Zone code

C-C

Property type

Retail space

APN

03-21-28-0000-00-009

APU

32128000000009

Description

This exceptional commercial property, located at 803 N Park Avenue in Apopka, Florida, presents a unique investment opportunity. The property encompasses a substantial 5,352 square feet of space situated on a generous 1.55-acre lot. Its prime location offers significant potential for a variety of commercial ventures, particularly given its existing configuration as a drive-thru convenience store. The substantial lot size allows for ample parking and potential for expansion or future development. The asking price for this property is $2,000,000. This represents a compelling investment opportunity in a thriving area of Apopka. Prospective buyers are strongly encouraged to conduct thorough due diligence to confirm the property aligns with their specific business objectives and investment strategy. The property's existing infrastructure and layout provide a solid foundation for a range of commercial uses, making it an attractive proposition for both established businesses and new ventures. The location within Apopka offers access to a robust local market and convenient transportation links. Detailed property information and supporting documentation are available upon request. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,362,833

  6.5%

  $1,258,000

  7%

  $1,168,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,135

  Geo Method

  $1,594,135

• Alternative Use

  Use

  Valuation

  Residential

  $1,061,170

  Hospitality

  $972,026

  Educational

  $808,714

  Medical

  $836,527

  Retail

  $1,258,000

Location Insight

City

Apopka

County

Orange

State

Florida

Latitude

28.6953

Longitude

-81.5088

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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