Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    215 E 5Th St Apopka, FL 32703

    View on Map
    Sponsored
    For Sale
    $375,000

    Land - APOPKA, FL

    Lot size:
    0.32 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 7 at 11:06 am

    Property Features for 215 E 5Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU-D
    APN
    09-21-28-0196-60-132
    Exterior features
    Corner Lot, Level
    Lot size
    0.32 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Natalie Arrowsmith
    Natalie Arrowsmith

    Arrowsmith Realty, Inc. (407) 992-8955

    Listing agent Natalie Arrowsmith (407) 992-8955 License #3206753

    Listing date Mar 3, 2026

    MLS# G5105067 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.

    Learn more

    Property Insight Report

    Overview

    Apopka Land Infill Site

    This vacant land is located in the heart of Downtown Apopka, situated at 215 S. 5th Street, directly across from Apopka City Hall and the Fire Department, and fronting the West Orange Trail. The site is located within the city’s MU-D – Downtown Mixed-Use zoning district, which aims to concentrate commerce, government, culture, and higher-intensity mixed-use development in the downtown core. The MU-D district supports a walkable, pedestrian-oriented environment with flexible commercial and residential entitlements. Typical allowed uses in MU-D include professional and medical offices, retail and boutique shops, personal services, restaurants and cafés, entertainment and recreation uses, educational and communication uses, health-care and visitor accommodation, as well as multi-family, townhome, and mixed-use buildings that combine commercial on the ground floor with residential or office above. The property has immediate visibility from City Hall, direct exposure to cyclists and pedestrians on the West Orange Trail, and convenient access to Main Street (US-441). This 0.32-acre site is positioned for a small-format commercial or mixed-use building, suitable for a coffee shop, smoothie bar, professional office, boutique retail, or a trail-oriented live-work concept, subject to city approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.507097
    Latitude
    28.672194

    Nearby Similar for Sale

    • $650,000
      5.11 Acres

      Turnkey Nursery on 5.11 Acres

      5.11-acre parcel with greenhouse in prime nursery area.
      1909 Haas Rd, Apopka, FL 32712
      View Details
    • $2,200,000
      6,330 SF

      Apopka Church Property on 2.73 Acres

      Versatile church property in Apopka, Florida, with sanctuary and fellowship hall.
      1250 Piedmont Wekiwa Rd, Apopka, FL 32703
      View Details
    • $1,200,000
      1,598 SF

      High-Visibility Retail Site in Apopka

      Retail site on Park Avenue corridor, zoned Community Commercial (C-C).
      454 N Park Ave, Apopka, FL 32712
      View Details
    • Contact for pricing
      1,600 SF

      Wekiva Centre

      Wekiva Centre Suite 105
      1706 Semoran Blvd, Apopka, FL 32703
      View Details
    • $55,000
      599 SF

      APOPKA, FL Retail Opportunity

      Retail space available in APOPKA, Florida.
      123 W Main St, Apopka, FL 32703
      View Details
    • $295,000
      Pending

      Renovated Duplex in Apopka, FL

      Fully renovated duplex generating reliable income in Apopka, Florida.
      1460 Marvin C Zanders Ave, Apopka, FL 32703
      View Details
    • $699,000
      3,602 SF

      Lakefront Mixed-Use Opportunity in Apopka

      Lakefront property with C2 zoning, ideal for investors.
      3828 Walker Rd, Apopka, FL 32703
      View Details
    • Contact for pricing
      1,600 SF

      Apopka Medical Office Condo For Sale

      Medical Office with Great Exposure on Semoran Blvd./SR-436
      1706 Semoran Blvd, Apopka, FL 32703
      View Details
    • $895,000
      4,414 SF

      Apopka Commercial Building with Drive-Thru

      4,414 SF building with drive-thru on 1.45 AC lot.
      555 S Hunt Club Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing
      55,720 SF

      Apopka Warehouse and Office Space

      55,720± SF warehouse with office space for sale in Apopka.
      2502-2544 Jmt Industrial Dr, Apopka, FL 32703
      View Details
    • Contact for pricing
      9,231 SF

      Apopka Office/Coworking Space For Sale

      9,231 SF office/coworking space on 1.93 AC in Apopka.
      1655 E Semoran Blvd, Apopka, FL 32703
      View Details
    • $284,900

      Apopka Corner Lot Investment Opportunity

      Centrally located building with high visibility and multiple uses.
      205 S Highland Ave, Apopka, FL 32703
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant land in Downtown Apopka's mixed-use district.
    Where is this commercial land located?
    The property is located at 215 E 5Th St Apopka, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime vacant land in the heart of Downtown Apopka.; - Located directly across from Apopka City Hall and the Fire Department.; - Fronts the West Orange Trail, offering direct exposure to cyclists and pedestrians.
    (407) 992-8955
    Request Owner's contact information
    215 E 5Th St Apopka, FL 32703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215 E 5Th St
    Apopka, FL 32703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    215 E 5Th St Apopka, FL 32703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Natalie Arrowsmith
    Natalie Arrowsmith
    Real Estate License ID: 3206753
    (407) 992-8955 (407) 408-7628
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!