This exceptional 2,850+/- square foot single-tenant space presents a unique investment opportunity in the heart of Mount Dora, Florida. Housed in a beautifully updated historic building (1927), this property boasts gorgeous hardwood floors and abundant natural light streaming through large windows. The open floor plan offers incredible flexibility, accommodating a variety of uses thanks to its C-2 zoning. Envision a thriving restaurant with a bar, a sophisticated supper club, or a stylish executive office space. The property's prime location provides excellent visibility and accessibility, with convenient access to a large public parking lot and ample street parking. Enjoy stunning views, including picturesque sunsets over Lake Dora. Situated less than an hour from Orlando, Mount Dora is renowned for its vibrant atmosphere, hosting numerous festivals, art shows, antique shops, boutiques, and exceptional dining experiences. This 0.7-acre lot, with one single-story building, offers a rare blend of historic charm and modern functionality. The property's address is 430 Alexander St, Mount Dora, FL 32757, Lake County APN 1465389. All information is believed accurate but is not guaranteed and is subject to change.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$705,136
6.5%
$650,895
7%
$604,403
Comparable approach
Method
Valuation
Relative Method
$825,633
Geo Method
$825,633
Alternative Use
Use
Valuation
Residential
$549,054
Hospitality
$502,931
Educational
$418,433
Medical
$432,823
Retail
$650,895
Location Insight
City
Mount Dora
County
Lake
State
Florida
Latitude
28.8002
Longitude
-81.6456
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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