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Grocery and Convenience Store Property

454 N PARK Avenue, Apopka, FL 32712

For Sale
$675,000
Under Contract

Commercial Sale, APOPKA, FL

Property Size1,598 SF
Lot Size0.50 Acres
Price / SF$422.40
Days on Market432

Property Features for 454 N PARK Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-C
Subdivision DREAM LAKE HEIGHTS
Lot features Corner Lot, Fire Hydrant, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Directions Located on Park Ave. across the street from Apopka Middle School.
Standard status Active Under Contract
APN 04-21-28-2204-01-010
Size 1,598 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description DREAM LAKE HEIGHTS H/104 LOTS 1 & 2 (LESS BEG SE COR LOT 1 RUN W 192.18 FT TO SWCOR LOT 2 N 33.40 FT E 192.18 FT S 33.12 FT TO POB) BLK A
Tax Annual Amount 4755
Legal Description DREAM LAKE HEIGHTS H/104 LOTS 1 & 2 (LESS BEG SE COR LOT 1 RUN W 192.18 FT TO SWCOR LOT 2 N 33.40 FT E 192.18 FT S 33.12 FT TO POB) BLK A

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating), Central
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1964
Floors in Building 1
Flooring type Concrete
Building materials Block
Roof type Membrane, Metal
Listing Agency: ARROWSMITH REALTY, INC
Listed By: Natalie Arrowsmith · License FL BK3206753
Added: Sep 4, 2025 Changed: Nov 6 Last Checked: Nov 9 at 8:06PM
MLS# G5101011

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,598-square-foot property occupies a 0.5-acre parcel at 454 N Park Avenue in Apopka. The building dates to 1964 and has block construction, concrete flooring, and public water and sewer service. Zoning is C-C; buyers should confirm permitted uses and property details with the relevant authorities.

Key Highlights

  • 1,598 square feet of building area
  • 0.5‑acre parcel
  • Zoned C‑C

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,621
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,420 $672.4K
Cap Rate 7%
$480,300 $480.3K
Cap Rate 9%
$373,567 $373.6K
Market Conditions
NOI Build-Up for 1,598 SF
Gross rent
$46.4K $29.04/SF
− Vacancy
−$1.6K −$0.99/SF
EGI
$44.8K $28.05/SF
− OpEx
−$11.2K −$7.01/SF
NOI
$33.6K $21.04/SF
Area
Orange County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,420
Cap Rate 7%
$480,300
Cap Rate 9%
$373,567

Alternative Uses

Best Use
Specialty Retail
$480.3K
$420.3K – $560.4K (±1% cap)
NOI $33,621 @ 7.0% cap · market cap 4.98%
Second Best
Retail
$448.3K
$392.3K – $523.0K (±1% cap)
NOI $31,380 @ 7.0% cap · market cap 4.65%
Theoretical Best
—
—
same as Best Use
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

Taco Tamaulipas Taqueria ... Restaurant Maters & Taters Market ... Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Law Firm Carpet & Flooring Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32712, FL

50,085
Population
17,601
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
700
Density / Sq Mi
$106,264
Median Household Income
$47,049
Median Earnings
$1,995
Median Rent
$389,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Grocery and convenience stores in Orange County, FL

$1,417 Jul
$811 Aug
$1,049 Sep
$713 Oct

Properties on Market for Grocery and convenience stores in Orange County

Jul
Aug
Sep
Oct

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

  • Beekays Food Mart — 216 n park ave, apopka, fl 32703

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The site has C-C zoning, with permitted uses subject to confirmation by the buyer.
Where is this grocery and convenience store located?
The property is located at 454 N PARK Avenue Apopka, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 1,598 square feet of building area; 0.5‑acre parcel; Zoned C‑C
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