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Dual-Building Retail Property with CG Zoning
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800 E Semoran Blvd, Casselberry, FL 32707

Two metal-facade buildings with good ingress and egress on Semoran Blvd near an illuminated intersection.

Property Size5,764 SF
Lot Size0.48 Acres
Price / SF$251.56
Days on Market464

Property Features for 800 E Semoran Blvd

General Information

Standard status Active
Size 5,764 SF
Lot size 0.48 Acres
Property subtype RETAIL
Zoning CG

Additional Details

Business Included No

Building Details

Construction metal facade
Listing Agency: Foundry Commercial - Corporate
Listed By: Lawson Dann
Source: Moodyscre
Added: Jun 10, 2025 Changed: Sep 10 Last Checked: Sep 16 at 1:42PM

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 Foundry Commercial - Corporate

Investment Insights

Based on property information with market context.

The property consists of a dual-building retail site featuring a metal facade. Building one is approximately 4,000 SF built in 1979, and building two is approximately 1,764 SF built in 1984, for a total of approximately 5,764 SF. The CG zoning provides flexibility for a variety of commercial uses.

Located on Semoran Blvd with exposure to high traffic counts, the site benefits from an illuminated intersection. Access is supported by good ingress and egress, making it practical for retail-oriented operations and customer traffic.

This is a consolidated, two-structure layout on a single parcel, offering a straightforward configuration for prospective owners and tenants seeking a commercial retail location with visibility and access.

Key Highlights

  • Two‑building commercial property totaling 5,764 SF on 0.48 AC
  • Building 1: 4,000 SF built in 1979; Building 2: 1,764 SF built in 1984
  • CG zoning allows for a variety of commercial uses

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$113,187
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.81%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,263,740 $2.3M
Cap Rate 7%
$1,616,957 $1.6M
Cap Rate 9%
$1,257,633 $1.3M
Market Conditions
NOI Build-Up for 5,764 SF 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.
Gross rent
$167.4K $29.04/SF
− Vacancy
−$5.7K −$0.99/SF
EGI
$161.7K $28.05/SF
− OpEx
−$48.5K −$8.42/SF
NOI
$113.2K $19.64/SF
Area
Seminole 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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,263,740
Cap Rate 7%
$1,616,957
Cap Rate 9%
$1,257,633

Alternative Uses

Best Use
Retail
$1.62M
$1.41M – $1.89M (±1% cap)
NOI $113,187 @ 7.0% cap · market cap 7.81%
Second Best
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.91M (±1% cap)
NOI $114,819 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic

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

156
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32707, FL

37,704
Population
17,499
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
92%
High-School Grad
9.6 sq mi
ZIP Area
3,928
Density / Sq Mi
$66,780
Median Household Income
$40,280
Median Earnings
$1,573
Median Rent
$305,000
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Two metal-facade buildings with good ingress and egress on Semoran Blvd near an illuminated intersection.
Where is this storefront property located?
The property is located at 800 E Semoran Blvd Casselberry, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two‑building commercial property totaling 5,764 SF on 0.48 AC; Building 1: 4,000 SF built in 1979; Building 2: 1,764 SF built in 1984; CG zoning allows for a variety of commercial uses
(407) 342-4698 Call to check price and availability
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