For Sale
$299,900
25525 COLMAR Avenue, Sorrento, FL 32776
Commercial Sale, SORRENTO, FL
Property Size1,176 SF
Lot Size0.28 Acres
Price / SF$255.02
Days on Market91
Property Features for 25525 COLMAR Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Appliances
Refrigerator
Subdivision
MOUNT PLYMOUTH
Lot features
Corner Lot
Directions
State Road 46 West, turn left onto Deal Drive, First Right onto Colmar Avenue and home is on the corner of Colmar Avenue and Deal Drive.
Standard status
Active
APN
28-19-28-0100-016-03900
Size
1,176 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 39, 40, 41, AND 42, BLOCK 16, SECTION "A" MOUNT PLYMOUTH SUBDIVISION, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 8, PAGE 85, PUBLIC RECORDS OF LAKE COUNTY, FLORIDA.
Tax Annual Amount
3207
Legal Description
LOTS 39, 40, 41, AND 42, BLOCK 16, SECTION "A" MOUNT PLYMOUTH SUBDIVISION, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 8, PAGE 85, PUBLIC RECORDS OF LAKE COUNTY, FLORIDA.
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
1965
Floors in Building
1
Building materials
Block
Roof type
Shingle
Additional Structures
Outbuilding
Listing Agency:
HANSON REAL ESTATE GROUP, INC.
(352) 383-3772
Listed By:
Dana Bruns · License #638291
(352) 267-5522
Added: Jul 13
Changed: Sep 29
Last Checked: Oct 11 at 7:06PM
MLS# G5115064
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,442
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,840
$288.8K
Cap Rate 7%
$206,314
$206.3K
Cap Rate 9%
$160,467
$160.5K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$28.1K $23.88/SF
− Vacancy
−$1.8K −$1.55/SF
EGI
$26.3K $22.33/SF
− OpEx
−$11.8K −$10.05/SF
NOI
$14.4K $12.28/SF
Area
Lake County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,840
Cap Rate 7%
$206,314
Cap Rate 9%
$160,467
Alternative Uses
Best Use
Apartment 5plus
$206.3K
$180.5K – $240.7K
NOI $14,442 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.7K
$292.8K – $390.4K
NOI $23,426 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 32776, FL
12,456
Population
5,022
Households
2.5
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
251
Density / Sq Mi
$97,217
Median Household Income
$49,486
Median Earnings
$928
Median Rent
$374,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
Where is this single family property located?
The property is located at 25525 COLMAR Avenue Sorrento, FL.
What is the asking price?
The asking price for this property is $299,900.
