Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3401 13th FL

    For Lease
    Contact for pricing

    Retail space available in growing St. Cloud, Florida.

    Type:RETAIL
    Property size:
    10,800 SF
    Lot size:
    11.49 Acres
    Added:
    Sep 5, 2024
    Days on Market:
    575
    Last Refresh:
    Mar 29 at 8:27 pm

    Property Features for 3401 13th

    General Information

    Standard status
    Active
    Size
    10,800 SF
    Lot size
    11.49 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 3401 13th Contact us

    We can help!

    Listing Contact
    Serina Morison
    Serina Morison

    Listing agent Serina Morison

    Listing office The Sembler Company

    Listing date Sep 5, 2024

    Source Moodyscre

    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 The Sembler Company

    Overview

    Retail Space in St. Cloud

    Located at US Highway 192/441 and Neptune Road in St. Cloud, Florida, this retail space benefits from its proximity to Orlando and the area's residential growth, with nearly 1,500 units under construction and at least 3,000 additional homes in planning for future development. The property is situated 1.5 miles east of the Florida Turnpike access. Anchored by Bealls, Big Lots, Dollar General, and Somos Fresh Grocer, the location offers 42,000 AADT on US Hwy 192/441, providing great visibility and access. Available for lease is a 10,800 square foot junior anchor box with 72 feet of frontage and a 1,400 square foot small shop. The property is half a mile west of St. Cloud Regional Medical Center and half a mile east of Orlando Health St. Cloud Hospital, both of which have recently undergone expansions to accommodate the increasing density in the area.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Quick-Tag — Inc, Pet Supermarket, 2924 13th St, St Cloud, FL 34769
    • Westgate Shopping Center — 3421 13th st, st cloud, fl 34769
    • St Cloud Square — 4037-4047 13th St, St Cloud, FL 34769
    • Erika work shop — 1624 Tennessee Ave, St Cloud, FL 34769
    • Westgate Center — 3441 13th St, St Cloud, FL 34769

    Nearby Similar for Lease

    • Contact for pricing

      Executive Office in Bicsa Tower

      Executive office space in landmark financial district tower, built 2013.
      Torre Bicsa Financial Avenida Balboa y Calle Aquilino de la Guardia, , FL
      View Details
    • $25/mo

      Commercial Condo Units For Lease

      Commercial condo units for lease in Brevard Medical City.
      6545 N Wickham Rd , Melbourne, FL 32940, FL
      View Details
    • $26/mo

      Renovated Office Space on State Road

      Fully renovated office space with frontage on State Road 13.
      120 State Rd 13, St Johns, FL
      View Details
    • Contact for pricing

      Retail Space on Narcoossee Road

      Retail space for lease with frontage on Narcoossee Road.
      1340 S Narcoossee Rd , St Cloud, FL
      View Details
    • $45/mo

      Retail Space in St Cloud

      Retail space available in a new Publix-anchored shopping center.
      2863-2895 N Narcoossee Rd, St Cloud, FL
      View Details
    • $35/mo

      Retail Space in Publix-Anchored Center

      Retail space available in a high-traffic shopping center.
      18955-19009 Us Hwy, Mt Dora, FL
      View Details
    • $22/mo

      Retail Center and Office Space

      Retail center and office space available for lease.
      1820 State Rd 13, St Johns, FL
      View Details
    • Contact for pricing

      St. Johns Warehouse Space Available

      266,274 sq ft warehouse space in St. Johns, FL.
      95 County Rd 210, St. Johns, FL
      View Details
    • Contact for pricing

      Retail Space in Durbin Park

      Retail space available within a large shopping center development.
      70-120 Durbin Pavilion Dr, St Johns, FL
      View Details
    • Contact for pricing

      Retail Space in Durbin Park

      Retail space available within a 700,000 SF development.
      550 Durbin Pavilion Dr, St Johns, FL
      View Details
    • Contact for pricing

      Retail Space in Durbin Park

      Retail space available within a 700,000 SF St. Johns development.
      935 Durbin Pavilion Dr, St Johns, FL
      View Details
    • $32/mo

      St. Johns Parkway Commercial Space

      Office, retail, or medical space with high-traffic frontage.
      2050 St Johns Pkwy, St Johns, FL
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in growing St. Cloud, Florida.
    Where is this shopping center located?
    The property is located at 3401 13th FL.
    What are key features of this property?
    This property features: Prime location for residential growth in St. Cloud, FL, near Orlando.; Anchored by established retailers: Bealls, Big Lots, Dollar General, and Somos Fresh Grocer.; **High traffic volume: 42,000 AADT on US Hwy 192/441 with excellent visibility and access.**
    (727) 384-6000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Serina Morison
    Serina Morison
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!