Retail Opportunity in Floral
7870 S Florida Ave Floral City, FL 34436
Retail building on a busy street with high visibility.
Type:Retail
Property size:
2,640 SFPrice / SF:
$151/SF- Added:
- Mar 13, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 28 at 6:52 pm
Property Features for 7870 S Florida Ave
General Information
- Standard status
- Active
- Size
- 2,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing office Dhruv Realty
Listing date Mar 13, 2026
Source Crexi
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 Dhruv Realty
Investment Insights
Based on property information with market context.
This retail building is located on South Florida Avenue in Floral City. Formerly a convenience store, the property is zoned for general retail use, providing flexibility for small businesses or service-oriented concepts. The building, with a size of 2640 square feet, is an older structure that requires renovation. It features a new roof. The property offers basic access and parking for customers. Situated on a busy street, it benefits from high visibility and strong exposure to passing traffic.
Key Highlights
- High visibility location on a busy street
- Zoned for general retail use, offering flexibility
- Brand‑new roof
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 | $39.6k | $15.00 |
| − Vacancy | −$3.4k | −$1.28 |
| EGI | $36.2k | $13.73 |
| − OpEx | −$10.9k | −$4.12 |
| NOI | $25.4k | $9.61 |
2,640 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$593.2K
$519.1K – $692.1K
NOI $41,524 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$362.3K
$317.1K – $422.7K
NOI $25,364 @ 7.0% cap · market cap 6.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Express Lane
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Retail building on a busy street with high visibility.
Where is this grocery and convenience store located?
The property is located at 7870 S Florida Ave Floral City, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: High visibility location on a busy street; Zoned for general retail use, offering flexibility; Brand‑new roof
