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Storefront Property with Existing Lease
For Sale
$459,900

3002 17TH, Saint Cloud, FL 34769

Established tenancy is secured by a lease running through February 2028.

Property Size1,752 SF
Days on Market47

Property Features for 3002 17TH

General Information

Standard status Active
Size 1,752 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,488

Building Details

Building Size 1,752 SF
Year Built 2007
Listing Agency: Iron Valley Real Estate Osceola
Listed By: Tiffany Licata · License #3293026
Source: Elliman
Added: Sep 15 Changed: Oct 26 Last Checked: Oct 30 at 2:12PM

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 Iron Valley Real Estate Osceola

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Investment Insights

Based on property information with market context.

This 2007 storefront property is occupied by a long-standing tenant under a lease extending through February 2028. The existing tenancy provides a defined occupancy timeline for evaluating the commercial asset.

Located at 3002 17TH in St. Cloud, the property is near Orlando Health St. Cloud Hospital, the St. Cloud Civic Center, renovated baseball fields, and updated aquatic facilities. The site also records a Walk Score of 74 and a Bike Score of 72, indicating walkable and bike-friendly access within the surrounding area.

Key Highlights

  • Lease secured through February 2028
  • Built in 2007
  • Near Orlando Health St. Cloud Hospital

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,404
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,080 $688.1K
Cap Rate 7%
$491,486 $491.5K
Cap Rate 9%
$382,267 $382.3K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$50.9K $29.04/SF
− Vacancy
−$1.7K −$0.99/SF
EGI
$49.1K $28.05/SF
− OpEx
−$14.7K −$8.42/SF
NOI
$34.4K $19.64/SF
Area
Osceola County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,080
Cap Rate 7%
$491,486
Cap Rate 9%
$382,267

Alternative Uses

Best Use
Retail
$491.5K
$430.1K – $573.4K (±1% cap)
NOI $34,404 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$541.7K
$474.0K – $632.0K (±1% cap)
NOI $37,922 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Superstores 21% Apparel 15% Shops & Services 14%
McDonald's Dining
31,138 visits/mo 0.4 miles
Big Lots Superstores
23,628 visits/mo 0.3 miles
Bealls Apparel
17,081 visits/mo 0.3 miles
KFC Dining
8,161 visits/mo 0.4 miles
Checkers Dining
7,619 visits/mo 0.5 miles

Demographics for 34769, FL

27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • St Cloud Flower Delivery — 4001 13th St, St Cloud, FL 34769

Frequently Asked Questions

What type of property is this?
Storefront property - Established tenancy is secured by a lease running through February 2028.
Where is this storefront property located?
The property is located at 3002 17TH Saint Cloud, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Lease secured through February 2028; Built in 2007; Near Orlando Health St. Cloud Hospital
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