Mixed-Use Commercial
For Sale
$2,000,000
210 5TH Street, Apopka, FL 32703
Commercial Sale, APOPKA, FL
Property Size10,323 SF
Lot Size1.46 Acres
Price / SF$195.79
Days on Market170
Property Features for 210 5TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU-D
Lot features
Central Business District, Corner Lot, Fire Hydrant, Historic District, City Limits, Sidewalk, Street Lights, Paved
Directions
Located on 5th Street in Apopka. Ryan Brothers Lumber Yard.
Subdivision
32703 - Apopka
Standard status
Active
APN
09 21 28 0196 60 570
Size
10,215 SF
Lot size
1.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Parcel 1: CHAMPNEY PORTION TOWN OF APOPKA A/87 LOTS 57 THROUGH 62 & N1/2 VAC ALLEY S OF LOTS 57 THROUGH 60 & S1/2 VAC ALLEY N OF LOTS 61 & 62 BLK F Parcel 2: 207 E 6TH ST APOPKA, FL 32703 Legal: CHAMPNEY PORTION TOWN OF APOPKA A/87 LOT 63 & S1/2 VAC ALLEY N OF LOT 63 BLK F
Tax Annual Amount
6106
Legal Description
Parcel 1: CHAMPNEY PORTION TOWN OF APOPKA A/87 LOTS 57 THROUGH 62 & N1/2 VAC ALLEY S OF LOTS 57 THROUGH 60 & S1/2 VAC ALLEY N OF LOTS 61 & 62 BLK F Parcel 2: 207 E 6TH ST APOPKA, FL 32703 Legal: CHAMPNEY PORTION TOWN OF APOPKA A/87 LOT 63 & S1/2 VAC ALLEY N OF LOT 63 BLK F
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1927
Flooring type
Concrete
Building materials
Frame, Wood Siding
Roof type
Shingle
Additional Structures
Outbuilding
Listing Agency:
ARROWSMITH REALTY, INC
(407) 992-8955
Listed By:
Natalie Arrowsmith · License #BK3206753
(407) 992-8955
Added: Mar 10
Changed: Aug 25
Last Checked: Aug 26 at 3:06AM
MLS# G5109449
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.
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes approximately 1.46 acres across multiple parcels and a building constructed in 1927. The structure offers approximately 10,323 square feet of space, with frame and wood siding construction, concrete flooring, central heating, and central air conditioning. Public water and public sewer serve the property, and fiber internet is available.
The site is within Apopka’s central business district and city limits, with visibility from the downtown corridor. Access to US-441 and SR-429 connects the property with Central Florida transportation routes. MU-D zoning supports a range of commercial and residential uses, including office, retail, restaurant, creative workspace, and mixed-use redevelopment applications.
The site is within Apopka’s central business district and city limits, with visibility from the downtown corridor. Access to US-441 and SR-429 connects the property with Central Florida transportation routes. MU-D zoning supports a range of commercial and residential uses, including office, retail, restaurant, creative workspace, and mixed-use redevelopment applications.
Key Highlights
- 1.46 acres across multiple parcels
- Approximately 10,323 square feet of building space
- MU‑D zoning supports commercial and residential uses
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
$152,612
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
7.63%
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%
$3,052,240
$3.1M
Cap Rate 7%
$2,180,171
$2.2M
Cap Rate 9%
$1,695,689
$1.7M
Market Conditions
NOI Build-Up for 10,215 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
$245.2K $24.00/SF
− Vacancy
−$41.7K −$4.08/SF
EGI
$203.5K $19.92/SF
− OpEx
−$50.9K −$4.98/SF
NOI
$152.6K $14.94/SF
Area
Orange County, FL
Vacancy
17.00%
Lease Rate
$24.00 /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%
$3,052,240
Cap Rate 7%
$2,180,171
Cap Rate 9%
$1,695,689
Alternative Uses
Best Use
Office B
$2.18M
$1.91M – $2.54M
NOI $152,612 @ 7.0% cap · market cap 7.63%
Second Best
Mixed Use
$1.93M
$1.69M – $2.25M
NOI $134,838 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,483 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
Demographics for 32703, FL
54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - MU-D zoning supports flexible commercial and residential use planning.
Where is this mixed-use property located?
The property is located at 210 5TH Street Apopka, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 1.46 acres across multiple parcels; Approximately 10,323 square feet of building space; MU‑D zoning supports commercial and residential uses
