Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Apopka NNN Investment Opportunity Title is generated by Realmo AI

    2334 E Semoran N, Apopka, FL

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    NNN Kiddie Academy with 9-year lease term remaining.

    Type:RETAIL
    Property size:
    8,000 SF
    Lot size:
    22.39 Acres
    Price / SF:
    $550/SF
    Added:
    Oct 16, 2024
    Days on Market:
    598
    Last Refresh:
    May 19 at 8:51 pm

    Property Features for 2334 E Semoran N

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Lot size
    22.39 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Lee Zerivitz

    Listing agent Lee Zerivitz

    Listing office City Commercial

    Listing date Oct 16, 2024

    Source Moodyscre

    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 City Commercial

    HighLights

    • Absolute NNN Investment offering minimal landlord responsibilities.
    • Kiddie Academy tenant: Established brand with 300+ locations and 40+ year operating history.
    • 9 years remaining lease term providing long‑term stable income.
    • Outparcel to a major 250K SF shopping center offering high visibility and traffic.
    • Located in Florida: Income tax‑free state providing a favorable tax environment.
    • Year Built 2017, relatively new construction.

    Overview

    This is an absolute NNN investment opportunity located in Apopka, Florida. The property is leased to Kiddie Academy, which has over 300 locations and a 40+ year operating history. The remaining lease term is 9 years. Built in 2017, the property is an outparcel to a major 250,000 square foot shopping center. The property size is 8,000 square feet. Florida is an income tax-free state.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kiddie Academy of Apopka Daycare Center

    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
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.4676
    Latitude
    28.6709

    Nearby Similar for Sale

    • $990,000
      2,580 SF

      Commercial Property on SR 436

      Prime commercial property suitable for various businesses in Apopka, FL.
      3468 E SEMORAN BOULEVARD, APOPKA, FL 32703
      View Details
    • $2,000,000
      10,215 SF

      Historic Mixed-Use Redevelopment Opportunity

      Mixed-use property in Downtown Apopka with redevelopment and investment potential.
      210 5TH STREET, APOPKA, FL 32703
      View Details
    • $875,000
      14,095 SF

      Apopka Mixed-Use Redevelopment Opportunity

      1.38-acre mixed-use property in Apopka's downtown corridor.
      227 S HAWTHORNE AVENUE, APOPKA, FL 32703
      View Details
    • $900,000
      1,598 SF

      High-Visibility Retail Site on Park

      Retail site in Apopka, zoned for diverse commercial uses.
      454 N PARK AVENUE, APOPKA, FL 32712
      View Details
    • $798,000
      1,620 SF

      Apopka Income-Producing Multi-Unit Property

      Multi-unit property in Apopka, FL, near schools, shops, and dining.
      280 E 1ST STREET, APOPKA, FL 32703
      View Details
    • $910,000
      2,665 SF

      Apopka Office Shell Building For Sale

      Under construction shell building suitable for medical, professional office, retail.
      2625 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $910,000
      2,665 SF

      Apopka Office/Retail Shell Building

      Under construction shell building suitable for office or retail use.
      2775 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $910,000
      2,665 SF

      Apopka Office Shell For Sale

      Under construction office shell in mixed-use Apopka development.
      2805 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $2,310,000
      6,392 SF

      Apopka Retail Building For Sale

      Under construction retail building in mixed-use Apopka development.
      2865 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $425,000
      1,702 SF

      Apopka Duplex Investment Opportunity

      Duplex in Apopka, FL with two units and water view.
      903 MONROE COURT, APOPKA, FL 32703
      View Details
    • $1,360,000
      4,030 SF

      Apopka Office/Retail Shell Building For Sale

      Under construction shell building suitable for office or retail use.
      2745 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $417,000
      1,540 SF

      Turnkey Office Building in Apopka

      Remodeled office building in Wekiva Commons Office Park.
      523 WEKIVA COMMONS Cir 4, Apopka, FL 32712
      View Details

    FAQs

    What type of property is this?
    Storefront property - NNN Kiddie Academy with 9-year lease term remaining.
    Where is this storefront property located?
    The property is located at 2334 E Semoran N Apopka, FL.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Absolute NNN Investment offering minimal landlord responsibilities.; Kiddie Academy tenant: Established brand with 300+ locations and 40+ year operating history.; **9 years remaining lease term** providing long‑term stable income.
    (407) 644-2489 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lee Zerivitz
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2334 E Semoran N, Apopka, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!