Mixed-Use Property with
8280 S Us Hwy 17 92, Casselberry, FL 32730
For Sale
$895,000
A leased residential duplex accompanies the street-facing retail building, combining commercial and residential components on one property.
Property Size3,696 SF
Price / SF$242.15
Days on Market203
Property Features for 8280 S Us Hwy 17 92
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Mixed-Use Components
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Preferred Realty, Inc..
Listed By:
Richard D Speno · License FL #3193271
(954) 971-6775
Source:
Valstarrealty
Added: Apr 21
Changed: Nov 7
Last Checked: Nov 8 at 8:46PM
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 Preferred Realty, Inc..
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property pairs a 3,696-square-foot retail building with a residential duplex positioned at the rear. The duplex is fully leased, providing an existing residential income component. The building was constructed in 1959, and the property is zoned C-2.
The commercial building fronts US Hwy 17-92 in Fern Park, a corridor with reported traffic exceeding 50,000 vehicles per day.
The commercial building fronts US Hwy 17-92 in Fern Park, a corridor with reported traffic exceeding 50,000 vehicles per day.
Key Highlights
- 3,696‑square‑foot retail building with a residential duplex at the rear
- Residential duplex is fully leased
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,578
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,560
$1.5M
Cap Rate 7%
$1,036,829
$1.0M
Cap Rate 9%
$806,422
$806.4K
Market Conditions
NOI Build-Up for 3,696 SF
Gross rent
$107.3K $29.04/SF
− Vacancy
−$3.6K −$0.99/SF
EGI
$103.7K $28.05/SF
− OpEx
−$31.1K −$8.42/SF
NOI
$72.6K $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 Rate 5%
$1,451,560
Cap Rate 7%
$1,036,829
Cap Rate 9%
$806,422
Alternative Uses
Best Use
Retail
$1.04M
$907.2K – $1.21M
NOI $72,578 @ 7.0% cap · market cap 8.11%
Second Best
Multifamily LT 5
$746.4K
$653.1K – $870.9K
NOI $52,251 @ 7.0% cap · market cap 5.84%
Theoretical Best
Specialty Retail
$1.11M
$970.0K – $1.29M
NOI $77,601 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
908
Businesses Nearby
Explore this area
Business Placement
Demographics for 32730, FL
5,743
Population
3,119
Households
1.8
Avg Household Size
40
Median Age
28%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
4,786
Density / Sq Mi
$47,154
Median Household Income
$37,048
Median Earnings
$1,448
Median Rent
$284,800
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Seminole County, FL
Properties on Market for Mixed-use properties in Seminole County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A leased residential duplex accompanies the street-facing retail building, combining commercial and residential components on one property.
Where is this mixed-use property located?
The property is located at 8280 S Us Hwy 17 92 Casselberry, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3,696‑square‑foot retail building with a residential duplex at the rear; Residential duplex is fully leased; C‑2 zoning
