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Multi-Building Mixed-Use Property
For Sale
$835,000

227 S HAWTHORNE Avenue, Apopka, FL 32703

Commercial Sale, APOPKA, FL

Property Size14,095 SF
Lot Size1.38 Acres
Price / SF$59.24
Days on Market181

Property Features for 227 S HAWTHORNE Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU-D
Security features Security System
Subdivision APOPKA TOWN
Lot features Central Business District, City Limits, Sidewalk, Street Lights, Paved
Directions 441 South make a right on Hawthorne and property will be on the left.
Standard status Active
APN 09-21-28-0196-10-190
Size 14,095 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ALL OF LOT 19 AND THAT PART OF LOTS 13 AND 20 SOUTH OF T.O. AND A. RR, BLOCK "A", TOWN OF APOPKA, AS RECORDED IN PLAT BOOK "?", PAGES 87 AND 109, AND NORTH 40 FT OF VACATED RIGHT OF WAY OF THIRD STREET BOUNDED ON THE WEST BY THE EASTERLY LINE OF HAWTHORNE AVENUE AND ON THE EAST BY TH? SOUTHERLY RIGHT-OF-WAY OF THE SAL RR PER RESOLUTIONS RECORDED INO.R. BOOK 5496, PAGE 3895 AND O.R. 5496, PAGE 3900, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA.
Tax Annual Amount 14839
Legal Description ALL OF LOT 19 AND THAT PART OF LOTS 13 AND 20 SOUTH OF T.O. AND A. RR, BLOCK "A", TOWN OF APOPKA, AS RECORDED IN PLAT BOOK "?", PAGES 87 AND 109, AND NORTH 40 FT OF VACATED RIGHT OF WAY OF THIRD STREET BOUNDED ON THE WEST BY THE EASTERLY LINE OF HAWTHORNE AVENUE AND ON THE EAST BY TH? SOUTHERLY RIGHT-OF-WAY OF THE SAL RR PER RESOLUTIONS RECORDED INO.R. BOOK 5496, PAGE 3895 AND O.R. 5496, PAGE 3900, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA.

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1966
Floors in Building 1
Flooring type Tile - Ceramic, Hardwood, Tile
Building materials Block, Concrete, Stucco, Frame
Roof type Shingle
Additional Structures Outbuilding
Listing Agency: ARROWSMITH REALTY, INC
Listed By: Natalie Arrowsmith · License #BK3206753
Added: Apr 13 Changed: Oct 1 Last Checked: Oct 10 at 7:06AM
MLS# G5110954

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.

Located at 227 S Hawthorne Avenue, this mixed-use property comprises approximately 14,095 square feet across several buildings on 1.38 acres. The improvements include an assembly building, recreational or flex space, and a residential unit, creating a varied configuration within the MU-D Mixed Use Downtown zoning district. The buildings date to 1966 and include block, concrete, stucco, and frame construction, with hardwood and tile flooring, central heating and central air conditioning, a shingle roof, public water, and public sewer.

The site contains more than 60,000 square feet of land in downtown Apopka's Community Redevelopment Area. It is near municipal services, retail, dining, and transportation connections to SR-441, SR-436, and the greater Orlando metropolitan area. MU-D zoning supports office, institutional, redevelopment, and mixed-use concepts.

Key Highlights

  • Approximately 14,095 SF across multiple commercial and residential structures
  • 1.38+/- acre site with more than 60,000 SF of land
  • MU‑D Mixed Use Downtown zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,114
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,280 $1.5M
Cap Rate 7%
$1,044,486 $1.0M
Cap Rate 9%
$812,378 $812.4K
Market Conditions
NOI Build-Up for 14,095 SF
Gross rent
$123.5K $8.76/SF
− Vacancy
−$11.0K −$0.78/SF
EGI
$112.5K $7.98/SF
− OpEx
−$39.4K −$2.79/SF
NOI
$73.1K $5.19/SF
Area
Orange County, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,280
Cap Rate 7%
$1,044,486
Cap Rate 9%
$812,378

Alternative Uses

Best Use
Mixed Use
$2.66M
$2.33M – $3.10M (±1% cap)
NOI $186,054 @ 7.0% cap · market cap 22.28%
Second Best
Industrial
$1.12M
$984.2K – $1.31M (±1% cap)
NOI $78,738 @ 7.0% cap · market cap 9.43%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M (±1% cap)
NOI $280,772 @ 7.0% cap · market cap 33.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Dental Office Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,117
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - MU-D zoning supports office, institutional, redevelopment, and mixed-use concepts across multiple structures.
Where is this mixed-use property located?
The property is located at 227 S HAWTHORNE Avenue Apopka, FL.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Approximately 14,095 SF across multiple commercial and residential structures; 1.38+/- acre site with more than 60,000 SF of land; MU‑D Mixed Use Downtown zoning
More about this property
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