For Sale
$1,395,000
25031 COUNTY ROAD 42, Paisley, FL 32767
Commercial Sale, PAISLEY, FL
Property Size3,122 SF
Lot Size1.26 Acres
Price / SF$446.83
Days on Market198
Property Features for 25031 COUNTY ROAD 42
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Directions
From Daytona Beach take US-92 west left on FL 15 /Spring Garden Ave, Right onto FL 44, right on CR 42 W when you get into Paisley the bar is on your left.
Subdivision
32767 - Paisley
Standard status
Active
APN
29-17-28-0002-000-00200
Size
3,122 SF
Lot size
1.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NW 1/4 OF NW 1/4 LYING W OF HWY 42--LESS N 136.36 FT & LESS BEG AT INTERSECTION OF W LINE OF NW 1/4 & NW'LY R/W LINE OF CR 42 SAID LINE BEING 33 FT FROM CENTERLINE THEREOF THENCE RUN N 0-07-40 W ALONG SAID W LINE OF SEC 150 FT N 89-52-20 E 66.48 FT T O W'LY R/W LINE OF CR 42 S 24-28-11 W ALONG SAID R/W LINE 115.58 FT TO THE BEGINNING OF A CURVE CONCAVE SE'LY HAVING A RADIUS OF 591.98 FT THENCE CONT ALONG SAID R/W LINE & ALONG CURVE HAVING A CENTRAL ANGLE OF 04-41-50 AN ARC DIST OF 45.83 FT TO POB FOR RD R/W-- ORB 3346 PG 2202
Tax Annual Amount
4686
Legal Description
NW 1/4 OF NW 1/4 LYING W OF HWY 42--LESS N 136.36 FT & LESS BEG AT INTERSECTION OF W LINE OF NW 1/4 & NW'LY R/W LINE OF CR 42 SAID LINE BEING 33 FT FROM CENTERLINE THEREOF THENCE RUN N 0-07-40 W ALONG SAID W LINE OF SEC 150 FT N 89-52-20 E 66.48 FT T O W'LY R/W LINE OF CR 42 S 24-28-11 W ALONG SAID R/W LINE 115.58 FT TO THE BEGINNING OF A CURVE CONCAVE SE'LY HAVING A RADIUS OF 591.98 FT THENCE CONT ALONG SAID R/W LINE & ALONG CURVE HAVING A CENTRAL ANGLE OF 04-41-50 AN ARC DIST OF 45.83 FT TO POB FOR RD R/W-- ORB 3346 PG 2202
Utilities
Cooling system
Central Air
Building Details
Year built
2011
Building materials
Metal Frame, Metal Siding
Listing Agency:
CARLINO REAL ESTATE GROUP INC
(352) 326-2662
Listed By:
Jonathan Martin · License #SL3402836
(407) 443-5491
Added: Feb 10
Changed: Aug 24
Last Checked: Aug 27 at 4:06PM
MLS# G5108007
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.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,654
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$973,080
$973.1K
Cap Rate 7%
$695,057
$695.1K
Cap Rate 9%
$540,600
$540.6K
Market Conditions
NOI Build-Up for 3,122 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.4K $21.60/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$64.9K $20.78/SF
− OpEx
−$16.2K −$5.19/SF
NOI
$48.7K $15.58/SF
Area
Lake County, FL
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$973,080
Cap Rate 7%
$695,057
Cap Rate 9%
$540,600
Alternative Uses
Best Use
Specialty Retail
$695.1K
$608.2K – $810.9K
NOI $48,654 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$547.7K
$479.2K – $639.0K
NOI $38,339 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$888.4K
$777.4K – $1.04M
NOI $62,190 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32767, FL
2,939
Population
1,198
Households
2.5
Avg Household Size
43
Median Age
7%
College-Educated
82%
High-School Grad
54.9 sq mi
ZIP Area
54
Density / Sq Mi
$64,772
Median Household Income
$45,447
Median Earnings
$1,168
Median Rent
$140,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pirate's Pub — 25031 co rd 42, paisley, fl 32767
Frequently Asked Questions
Where is this bar & pub located?
The property is located at 25031 COUNTY ROAD 42 Paisley, FL.
What is the asking price?
The asking price for this property is $1,395,000.
