Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2535 OCOEE APOPKA ROAD #5 Apopka, FL 32703

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,560,000

    Shell retail building with customizable interior in mixed-use development.

    Type:Commercial
    Lot size:
    0.23 Acres
    Added:
    May 23, 2025
    Days on Market:
    314
    Last Refresh:
    Mar 30 at 9:50 pm

    Property Features for 2535 OCOEE APOPKA ROAD #5

    General Information

    Standard status
    Active
    Lot size
    0.23 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    WYATT MARKS

    Listing agent WYATT MARKS License #3135582

    Listing office THE MARKS GROUP REALTY, LLC

    Listing date May 23, 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 THE MARKS GROUP REALTY, LLC

    Overview

    Shell Retail Building in Apopka

    Building #05 is available for purchase at Lake Carter Exchange, a mixed-use development in Apopka’s East Shore at the intersection of Ocoee-Apopka Road and W Keene Road. This dark gray shell retail building, located on a corner, features a customizable interior, shared patio space, and dedicated end-unit patio space. It has visibility from both roads. The shell delivery provides buyers with flexibility to design the interior layout, with four front entrances supporting up to four unique suites. The development is located less than one mile from Advent Health’s seven-story, 120-bed hospital and opposite a new Publix Supermarket development. Situated in the East Shore trade area, which includes 5,000 planned residences and an average household income above $100k, this Class A property is positioned for businesses targeting growth in Central Florida’s second-fastest-growing city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.5505
    Latitude
    28.6048

    Nearby Similar for Sale

    • $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
    • $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
    • $650,000

      Turnkey Nursery on 5.11 Acres

      5.11-acre parcel with greenhouse in prime nursery area.
      1909 HAAS ROAD, APOPKA, FL 32712
      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
    • $2,560,000
      7,004 SF

      Retail Building in Apopka Development

      Under-construction retail building in mixed-use Apopka development for sale.
      2535 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
    • $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
    • $1,360,000
      4,030 SF

      Apopka Office Building For Sale

      Under construction office building in mixed-use Apopka development.
      2835 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $1,840,000
      5,556 SF

      Apopka Office Building For Sale

      Under construction office building in a mixed-use development.
      2595 OCOEE APOPKA ROAD, APOPKA, FL 32703
      View Details
    • $55,000
      599 SF

      APOPKA, FL Retail Opportunity

      Retail space available in APOPKA, Florida.
      123 W MAIN STREET, APOPKA, FL 32703
      View Details

    FAQs

    What type of property is this?
    Retail space - Shell retail building with customizable interior in mixed-use development.
    Where is this retail space located?
    The property is located at 2535 OCOEE APOPKA ROAD #5 Apopka, FL.
    What is the asking price?
    The asking price for this property is $2,560,000.
    What are key features of this property?
    This property features: Prime location in Apopka's East Shore at the intersection of Ocoee‑Apopka Road and W Keene Road with high visibility.; Located less than one mile from Advent Health hospital and opposite a new Publix Supermarket development.; Customizable interior with shell delivery allowing for flexible design and up to four unique suites.
    (352) 432-8678
    We can help!
    Listing Contact
    WYATT MARKS
    Real Estate License ID: 3135582
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!