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

    2300 W LAKE MARY BOULEVARD, Lake Mary, FL 32746

    View on Map
    Claim this Listing
    For Sale
    $949,999

    One acre commercial land parcel in downtown Lake Mary.

    Type:Land or Vacant Lot
    Lot size:
    0.98 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    190
    Last Refresh:
    May 11 at 1:51 am

    Property Features for 2300 W LAKE MARY BOULEVARD

    General Information

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

    We can help!

    Listing Contact
    ABBAS SULTANALI

    Listing agent ABBAS SULTANALI

    Listing office ALPHA EQUITY REALTY & MANAGEMENT INC

    Listing date Nov 27, 2025

    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 ALPHA EQUITY REALTY & MANAGEMENT INC

    HighLights

    • Prime downtown Lake Mary location with high visibility.
    • Downtown district zoning suitable for commercial, retail, restaurant, or mixed‑use development.
    • Boasts 230 feet of Lake Mary Blvd road frontage guaranteeing foot and car traffic.
    • Backs up to Lake Mary Sunrail Station and The Station House Apartment Complex.
    • Walking distance to downtown Lake Mary’s Central Park and town square.
    • Water and sewer lines already in place.

    Overview

    This one-acre parcel of usable land is located in the rapidly growing downtown Lake Mary area and is zoned for the downtown district. The property features 230 feet of frontage on Lake Mary Boulevard, ensuring high visibility and traffic. Situated in a prime location, the parcel backs up to the Lake Mary Sunrail Station and The Station House Apartment Complex, and is steps away from downtown Lake Mary’s Central Park and town square. Water and sewer lines are already in place. This location is suitable for commercial, retail, restaurant, or mixed-use developments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.3216
    Latitude
    28.7568

    Nearby Similar for Sale

    • $4,995,000
      10,592 SF

      Lake Mary Office Development Opportunity

      Premier office building with approved outparcel near Downtown Lake Mary.
      131 S COUNTRY CLUB ROAD, LAKE MARY, FL 32746
      View Details
    • $429,900
      1,929 SF

      Updated Duplex in Lake Mary

      Move-in ready duplex with updated units and new windows.
      292 S 3RD STREET, LAKE MARY, FL 32746
      View Details
    • $975,000
      3,000 SF

      Remodeled Lake Mary Commercial Space

      Over 3,000 SF remodeled space in Lake Mary.
      405 WAYMONT Ct, Lake Mary, FL 32746
      View Details
    • $420,000
      1,293 SF

      Lake Mary Office For Sale

      Office space in Lake Mary, Florida, with ample parking.
      1355 S INTERNATIONAL PARKWAY, LAKE MARY, FL 32746
      View Details
    • $4,995,000
      10,592 SF

      Lake Mary Premier Office Building

      High-quality office building with development potential near Downtown Lake Mary.
      131 S COUNTRY CLUB Rd, Lake Mary, FL 32746
      View Details
    • $1,590,000
      4,900 SF

      Versatile Mixed-Use Commercial Property

      Commercial property ideal for retail, office, or showroom uses.
      141 PARLIAMENT LOOP, LAKE MARY, FL 32746
      View Details
    • $7,000,000
      28,183 SF

      Lake Mary Office Building For Sale

      Three-story office building with high occupancy and prime location.
      3300 West Lake Mary Blvd, Lake Mary, FL 32746
      View Details
    • $139,900

      Residential Land in Lake Mary

      Cleared residential lots ready to build near Downtown Lake Mary.
      314 S COUNTRY CLUB, LAKE MARY, FL 32746
      View Details
    • $139,900

      Residential Land in Lake Mary

      Cleared land ready to build near Downtown Lake Mary.
      290 S COUNTRY CLUB ROAD, LAKE MARY, FL 32746
      View Details
    • $139,900

      Residential Land in Lake Mary

      Cleared land ready to build your dream home.
      302 S COUNTRY CLUB, LAKE MARY, FL 32746
      View Details
    • $139,000

      Residential Land in Lake Mary

      Cleared quarter-acre lots ready for building near Downtown Lake Mary.
      282 S COUNTRY CLUB ROAD, LAKE MARY, FL 32746
      View Details
    • $420,000

      Office Suite with Ample Parking

      Easily accessible office suite with parking for staff and clients.
      1355 S INTERNATIONAL Pkwy 2471, Lake Mary, FL 32746
      View Details

    FAQs

    What type of property is this?
    Commercial land - One acre commercial land parcel in downtown Lake Mary.
    Where is this commercial land located?
    The property is located at 2300 W LAKE MARY BOULEVARD Lake Mary, FL.
    What is the asking price?
    The asking price for this property is $949,999.
    What are key features of this property?
    This property features: Prime downtown Lake Mary location with high visibility.; Downtown district zoning suitable for commercial, retail, restaurant, or mixed‑use development.; Boasts 230 feet of Lake Mary Blvd road frontage guaranteeing foot and car traffic.
    (407) 789-1002
    We can help!
    Listing Contact
    ABBAS SULTANALI
    Learn More
    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
    2300 W LAKE MARY BOULEVARD, LAKE MARY, FL 32746
    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!