1310 1St AveMount Dora, FL 32757

Property Details for 1310 1St Ave

Year built

1945

Construction

CONCRETE BLOCKS

Lot size

0.35 AC

Property size (Sq ft)

3,240 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

32-19-27-1400-005-00700

APU

321927140000500700

Description

This turnkey auto repair and maintenance business, established over 40 years ago, presents a rare opportunity. Located in Mount Dora, Florida, this profitable family-operated company is offered with its real estate, fixtures, equipment, trade name, and goodwill. The 3,240 square foot building sits on a 0.35-acre lot in Lake County (zip code 32757) and features multiple indoor and outdoor lift stations. Built in 1945, the single-story building is zoned RP. The corporation ownership structure offers a streamlined transition. Financial information is available upon execution of a confidentiality and non-disclosure agreement. This is a truly exceptional opportunity to acquire a long-standing, successful business with significant potential for continued growth. The property is located at 1310 E 1st Ave, Mount Dora, FL 32757. Serious inquiries only. Asking price is $1,050,000.

• CAP approach

  CAP return

  Valuation

  6%

  $908,724

  6.5%

  $838,822

  7%

  $778,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,063,869

  Geo Method

  $1,063,869

• Alternative Use

  Use

  Valuation

  Residential

  $707,578

  Hospitality

  $648,138

  Educational

  $539,243

  Medical

  $557,788

  Retail

  $838,822

Location Insight

City

Mount Dora

County

Lake

State

Florida

Latitude

28.7966

Longitude

-81.6318

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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