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Shell Retail End-Unit with Patios

2865 Ocoee Apopka Road 3 APOPKA Apopka, FL 32703

2865 Ocoee Apopka Road 3 APOPKA, Apopka, FL, 32703
$2,310,000
For Sale
$2,310,000

Dark gray shell retail building offers three front entrances and end-unit dedicated patio space at Lake Carter Exchange.

Property Size6,392 SF
Price / SF$361.39
Days on Market17

Property Features for 2865 Ocoee Apopka Road 3 APOPKA

General Information

Standard status
Active
Size
6,392 SF

Building Details

Year Built
2025
Listing agency
Listed by Matthew Kester
Source Therealestatecollection
Added: Jul 6 Updated: Jul 21 at 5:53PM Checked: Jul 21 at 5:53PM

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 Matthew Kester


Investment Insights

Based on property information with market context.

Building #03 at Lake Carter Exchange is a dark gray shell retail property designed for tenant customization. The shell delivery supports flexible interior layout planning, with three front entrances intended to serve up to three unique suites. The building also includes shared patio space plus an end-unit dedicated patio space.

The site is located at the intersection of Ocoee-Apopka Road and W Keene Road in Apopka’s East Shore. It is less than one mile from Advent Health’s seven-story, 120-bed hospital and opposite a new Publix Supermarket development. The development is positioned within an East Shore trade area that includes 5,000 planned residences, with an average household income above $100k. The property is described as Class A. Contact for pricing details and to schedule a tour.

Key Highlights

  • 2025‑built dark gray shell retail building in Lake Carter Exchange at the intersection of Ocoee‑Apopka Road and W Keene Road
  • Shell retail space with three front entrances, supporting up to three unique suites
  • End‑unit dedicated patio space plus shared patio space

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $185.6k $29.04
− Vacancy −$6.3k −$0.99
EGI $179.3k $28.05
− OpEx −$53.8k −$8.42
NOI $125.5k $19.64
6,392 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,519 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,329 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy Gym & Fitness Center Furniture & Home Goods Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Dark gray shell retail building offers three front entrances and end-unit dedicated patio space at Lake Carter Exchange.
Where is this retail space located?
The property is located at 2865 Ocoee Apopka Road 3 APOPKA Apopka, FL.
What is the asking price?
The asking price for this property is $2,310,000.
What are key features of this property?
This property features: 2025‑built dark gray shell retail building in Lake Carter Exchange at the intersection of Ocoee‑Apopka Road and W Keene Road; Shell retail space with three front entrances, supporting up to three unique suites; End‑unit dedicated patio space plus shared patio space
Contact an agent
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