Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Winter Garden Parcel Title is generated by Realmo AI

    764 KLONDIKE STREET, Winter Garden, FL 34787

    View on Map
    Claim this Listing
    For Sale
    $59,000

    Excellent commercial land parcel in downtown Winter Garden, Florida.

    Type:Land or Vacant Lot
    Lot size:
    0.10 Acres
    Added:
    Nov 21, 2024
    Days on Market:
    561
    Last Refresh:
    May 10 at 8:28 pm

    Property Features for 764 KLONDIKE STREET

    General Information

    Standard status
    Active
    Lot size
    0.10 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    FERNANDA HEIDTMANN NOBRE

    Listing agent FERNANDA HEIDTMANN NOBRE License #3369201

    Listing office WRA BUSINESS & REAL ESTATE

    Listing date Nov 21, 2024

    Source Corcoran

    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 WRA BUSINESS & REAL ESTATE

    HighLights

    • Excellent parcel
    • Downtown Winter Garden location
    • Great location

    Overview

    This is an excellent parcel of commercial land located in downtown Winter Garden, Florida. The property is situated in a great location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Winter Garden
    County
    Orange
    State
    Florida
    Longitude
    -81.5743
    Latitude
    28.565

    Nearby Similar for Sale

    • $395,000

      Lakefront Lot in Winter Garden

      Expansive 3-acre lot with lakefront views and no HOA.
      1401 N FULLERS CROSS ROAD, WINTER GARDEN, FL 34787
      View Details
    • $879,000

      Lakefront Homesite Land Parcel

      Vacant lakefront lot in a residential community, sized for building a custom estate with water views.
      15620 ESPALIER WAY, WINTER GARDEN, FL 34787
      View Details
    • $18,900,000
      61,844 SF

      Triple-Net Leisure Anchor Ground Lease

      Large Class A leisure anchor secured by a long-term ground lease in the Hamlin/Horizon West master-planned community.
      5758 HAMLIN GROVES TRAIL, WINTER GARDEN, FL 34787
      View Details
    • $875,000

      Versatile Land Near Orlando

      5 acres with agricultural, commercial, and residential zoning.
      16838 OLD HIGHWAY 50, WINTER GARDEN, FL 34787
      View Details
    • $2,999,000
      2,699 SF

      Winter Garden Retail on Plant

      Commercial property in downtown Winter Garden with great exposure.
      18 & 20 E PLANT STREET, WINTER GARDEN, FL 34787
      View Details
    • $399,000
      1,260 SF

      Professional Suite on West Colonial

      1,260 SF professional suite in Winter Garden, Florida.
      13350 W COLONIAL Dr C1, Winter Garden, FL 34787
      View Details
    • $225,000
      1,300 SF

      Winter Garden Assembly Building For Sale

      1300 SF assembly building with flexible zoning and financing.
      844 KLONDIKE STREET, WINTER GARDEN, FL 34787
      View Details
    • $5,620,438
      9,450 SF

      Winter Garden NNN Investment Opportunity

      New 20-year NNN lease with annual escalations.
      15710 West Colonial Drive, Winter Garden, FL 34787
      View Details
    • $160,000
      2,638 SF

      Established Salon in Winter Garden

      Turnkey beauty salon for sale in high-traffic Winter Garden location.
      120 S DILLARD STREET, WINTER GARDEN, FL 34787
      View Details
    • $850,000

      Lakefront Land in Winter Garden

      1.79 acre lakefront property to build your dream home.
      3421 REX DRIVE, WINTER GARDEN, FL 34787
      View Details
    • $299,000

      Residential Lot Development Opportunity

      Approved residential lot for four units in Winter Garden.
      0 9TH STREET, WINTER GARDEN, FL 34787
      View Details
    • $2,250,000

      Sprawling Land in Winter Garden

      5.02-acre estate site in the heart of Winter Garden.
      12714 STONEYBROOK WEST PARKWAY, WINTER GARDEN, FL 34787
      View Details

    FAQs

    What type of property is this?
    Commercial land - Excellent commercial land parcel in downtown Winter Garden, Florida.
    Where is this commercial land located?
    The property is located at 764 KLONDIKE STREET Winter Garden, FL.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: Excellent parcel; Downtown Winter Garden location; Great location
    (407) 512-1008
    We can help!
    Listing Contact
    FERNANDA HEIDTMANN NOBRE
    Real Estate License ID: 3369201
    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
    764 KLONDIKE STREET, WINTER GARDEN, FL 34787
    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!