Versatile Commercial Building on
31336 COUNTY ROAD 437 Sorrento, FL 32776
31336 COUNTY ROAD 437, Sorrento, FL, 32776
$1,700,000
For Sale
$1,700,000
5,000 sqft commercial building on 4.6 acres in Sorrento.
Property Size4,974 SF
Lot Size4.60 Acres
Price / SF$341.78
Days on Market245
Property Features for 31336 COUNTY ROAD 437
General Information
- Standard status
- Active
- Size
- 4,974 SF
- Lot size
- 4.60 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agency
STIRLING INTERNATIONAL REAL ES
(407) 250-1000
Listed by
ROSA RODRIGUEZ · License #3340698
Source
Corcoran
Added: Nov 18, 2025 Updated: Jul 6 at 10:00AM Checked: Jul 21 at 5:23AM
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 STIRLING INTERNATIONAL REAL ES
Investment Insights
Based on property information with market context.
This commercial building offers approximately 5,000 square feet of space on a 4.6-acre lot in Sorrento. The property is zoned CP, offering versatile usage options, subject to Lake County approval and alignment with the Mount Plymouth-Sorrento Community Redevelopment Agency guidelines. The location provides convenient access to the Beltway, Central Florida Expressway, and Wekiva Parkway. The building is equipped with heat and air conditioning, making it suitable for immediate occupancy or development. Potential uses include a professional office or commercial-retail space. A 3-phase electric service line runs to the front electric breaker box, but the building does not currently have 3-phase capability internally. As of August 2023, the interior is serviced by 200-225 amps, with provisions for upgrading to accommodate higher electrical demands. This property is located in a rapidly expanding area.
Key Highlights
- Prime commercial building with versatile CP zoning in rapidly expanding Sorrento.
- Excellent accessibility and visibility due to proximity to major transportation routes.
- Large 4.6 acre (+/-) lot offering ample space for development.
Local Financial Insights For Office B
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 | $119.4k | $24.00 |
| − Vacancy | −$20.3k | −$4.08 |
| EGI | $99.1k | $19.92 |
| − OpEx | −$24.8k | −$4.98 |
| NOI | $74.3k | $14.94 |
4,974 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.06M
$928.9K – $1.24M
NOI $74,312 @ 7.0% cap · market cap 4.37%
Second Best
Retail
$840.7K
$735.6K – $980.8K
NOI $58,849 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,082 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 5,000 sqft commercial building on 4.6 acres in Sorrento.
Where is this retail space located?
The property is located at 31336 COUNTY ROAD 437 Sorrento, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime commercial building with versatile CP zoning in rapidly expanding Sorrento.; Excellent accessibility and visibility due to proximity to major transportation routes.; Large 4.6 acre (+/-) lot offering ample space for development.
