Retail and Office Investment
For Sale
Contact for pricing
100 W Burleigh Blvd, Tavares, FL
Retail and office property on 0.90 acres in Lake County.
Property Size6,183 SF
Lot Size0.90 Acres
Price / SF$160.12
Days on Market568
Property Features for 100 W Burleigh Blvd
General Information
Standard status
Active
Size
6,183 SF
Lot size
0.90 Acres
Property subtype
RETAIL
Listing Agency:
Foundry Commercial - Corporate
(407) 540-7700
Listed By:
Lawson Dann
(407) 342-4698
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Oct 25
Last Checked: Oct 28 at 11:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundry Commercial - Corporate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is situated on approximately 0.90 acres in Lake County and includes two tenants occupying a total of approximately 6,183 square feet of retail space. Originally designed as three separate spaces, the property currently houses Simcon Concrete in a 2,160-square-foot office and David’s World Cycle, a bike retail space, in the remaining 4,023 square feet. The property benefits from visibility on 441 and has been well maintained.
Key Highlights
- Located on ±0.90 acres in Lake County.
- Features two tenants: Simcon Concrete and David’s World Cycle totaling ±6,183 SF of retail space.
- Good exposure on 441.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,154
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,463,080
$1.5M
Cap Rate 7%
$1,045,057
$1.0M
Cap Rate 9%
$812,822
$812.8K
Market Conditions
NOI Build-Up for 6,183 SF
Gross rent
$111.3K $18.00/SF
− Vacancy
−$6.8K −$1.10/SF
EGI
$104.5K $16.90/SF
− OpEx
−$31.4K −$5.07/SF
NOI
$73.2K $11.83/SF
Area
Lake County, FL
Vacancy
6.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,463,080
Cap Rate 7%
$1,045,057
Cap Rate 9%
$812,822
Alternative Uses
Best Use
Office B
$1.32M
$1.15M – $1.54M
NOI $92,374 @ 7.0% cap · market cap 9.33%
Second Best
Retail
$1.05M
$914.4K – $1.22M
NOI $73,154 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,165 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail and office property on 0.90 acres in Lake County.
Where is this retail space located?
The property is located at 100 W Burleigh Blvd Tavares, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Located on ±0.90 acres in Lake County.; Features **two tenants: Simcon Concrete and David’s World Cycle** totaling ±6,183 SF of retail space.; Good exposure on 441.
