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 Market46
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: Aug 24
Last Checked: Aug 27 at 6:06PM
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 = 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
$14,442
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
4.82%
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%
$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
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
$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 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%
$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
Property Profile
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
Questions? Ask Rey
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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.
