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    509 Park Ave Apopka, FL 32703

    For Sale
    $3,100,000

    Large Industrial Building, Ample Parking, High Growth Area

    Property size:
    18,545 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 18,545-square-foot industrial property, situated on a 1.21-acre lot at 509 S Park Avenue in Apopka, Florida, presents a significant investment opportunity. Located in the heart of downtown Apopka, a rapidly expanding Central Florida community, this building offers substantial space and potential for various uses. The property currently features a large sanctuary, perfect for a congregation of approximately 300, along with a welcoming lobby, multiple classrooms, a nursery, well-appointed offices, and a fully functional kitchen boasting ample storage. The building's sound equipment and furniture are available for separate purchase. A significant advantage is the inclusion of 87 parking spaces, ensuring convenient access for occupants and visitors. An adjoining parcel of land and an additional office building are also available for purchase separately, providing an opportunity to expand operations or develop additional income streams. This prime location and versatile space make this property an attractive investment in a thriving market. The property's size and amenities make it suitable for a wide range of commercial uses beyond its current configuration. The high growth rate of Apopka further enhances the long-term value proposition of this exceptional offering.

    Property Features for 509 Park Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    18,545 SF
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Victory Church Non-Denominational Church Thrive youth Apopka ... Youth Center Terminix Pest Control Business Center SevenWired - Web & SEO Website Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.50902
    Latitude
    28.67148

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    FAQs

    What type of property is this?
    Industrial property - Large Industrial Building, Ample Parking, High Growth Area
    Where is this industrial property located?
    The property is located at 509 Park Ave Apopka, FL.
    What is the asking price?
    The asking price for this property is $3,100,000.
    (407) 886-8010
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    509 Park Ave Apopka, FL 32703
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    Realmo Value Estimation

    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.

    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.

    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
    509 Park Ave Apopka, FL 32703
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