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    18 & 20 E PLANT STREET Winter Garden, FL 34787

    View on Map
    For Sale
    $2,999,000

    Retail - WINTER GARDEN, FL

    Type:Retail
    Property size:
    2,699 SF
    Lot size:
    0.07 Acres
    Added:
    Apr 11, 2025
    Days on Market:
    355
    Last Refresh:
    Mar 31 at 9:06 pm

    Property Features for 18 & 20 E PLANT STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    C-1
    Exterior features
    Paved
    Standard status
    Active
    APN
    23-22-27-2888-01-053
    Size
    2,699 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    4859

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Flooring type
    Linoleum, Tile
    Building materials
    Block, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Karin Arellano
    Karin Arellano

    Listing agent Karin Arellano License #701029

    Listing office ARELLANO REALTY & INVESTMENTS 17533 County Road 455, Montverde, FL

    Listing date Apr 11, 2025

    MLS# G5095621 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winter Garden Retail on Plant

    This commercial property is located in downtown Winter Garden, Florida, directly on Plant Street within the Historic District Overlay. Zoned C-1, the property permits various uses, including retail establishments, eating and drinking establishments, offices and studios, financial institutions, private clubs, personal services, and churches. The total property area exceeds 3300 square feet, with almost 2700 square feet of interior space. The property is divided into two units. The first unit offers approximately 1050 square feet of interior space, featuring a main retail area measuring 25x22, an office measuring 9x14, and an additional room measuring 18x8, along with walkway space and two restrooms. The second unit provides approximately 2050 square feet of interior space, including a 31x14 retail space, and additional spaces measuring 6x14, 8x12, 10x17, 18x24, and 7x15. This unit also includes walkway space, one restroom, and rear entrance/exit access. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Woof Gang Bakery ... Pet Grooming Service ATM Atm Federated Tax Services Tax Preparation

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winter Garden
    County
    Orange
    State
    Florida
    Longitude
    -81.585209
    Latitude
    28.565525

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    FAQs

    What type of property is this?
    Retail property - Commercial property in downtown Winter Garden with great exposure.
    Where is this retail property located?
    The property is located at 18 & 20 E PLANT STREET Winter Garden, FL.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Prime downtown Winter Garden location on Plant Street in the Historic District Overlay.; Versatile C‑1 zoning with a wide range of permitted uses.; Over 3300 total square feet with almost 2700 square feet of interior space.
    (352) 241-0004
    We can help!
    Listing Contact
    Karin Arellano
    Karin Arellano
    Real Estate License ID: 701029
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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