Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3850 Fl-436 Apopka, FL 32703
    Back to Search
    Property profile & analytics

    3850 Fl-436, Apopka, FL 32703

    View on Map
    • Retail properties & Spaces
    • 1,816 SF
    • 0.76 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3850 Fl-436

    Year built
    2008
    Lot size
    0.76 lot acres
    Property type
    Retail properties & Spaces

    Description

    Exceptional investment opportunity: a 1,816 sq ft Starbucks in Apopka, FL, boasting a strong 5.00% cap rate and $118,945 NOI. This single-tenant, net-lease property features a corporate-guaranteed lease with 8.5 years remaining (extending to 2033). Located on 0.76 acres at 3850 FL-436, 32703, in a high-traffic area with national retailers like Publix, Ace Hardware, McDonald's, and Taco Bell. The property, built in 2008, sits within the Orlando MSA, a top tourist destination attracting over 74 million annual visitors. This location is in the top 40% of Starbucks nationwide for annual visits, demonstrating consistent performance. The property benefits from a C zoning designation and offers a passive investment opportunity with no state income tax. The asking price is $2,378,904, translating to $1,309.97 per square foot. This is a rare chance to acquire a well-established, high-performing asset in a prime location. The lease commenced on May 31, 2008, and the property has a single story building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Seminole
    State
    Florida
    Longitude
    -81.4415
    Latitude
    28.6691

    Comparable in this City

    • Value Estimation by Request
      53,527 SF

      611 Main St

      Lifestyle centers
      611 Main St, Apopka, FL 32703
      View Details
    • Value Estimation by Request
      53,548 SF

      641 Main St

      Medical space
      641 Main St, Apopka, FL 32703
      View Details
    • Value Estimation by Request
      11,000 SF

      2188 Semoran Blvd

      Individual retail properties
      2188 Semoran Blvd, Apopka, FL 32703
      View Details
    • Value Estimation by Request
      105,812 SF

      620 Hunt Club Blvd

      Lifestyle centers
      620 Hunt Club Blvd, Apopka, FL 32703
      View Details
    • Value Estimation by Request
      6,935 SF

      Orange Blossom Trl

      Office Units
      0 Orange Blossom Trl, Apopka, FL 32703
      View Details
    • Value Estimation by Request

      3030 Semoran Blvd

      Neighborhood centers
      3030 Semoran Blvd, Apopka, FL 32703
      View Details

    Similar Nearby for Sale

    • $2,200,000
      3,334 SF

      Apopka Retail Investment Opportunity

      High-traffic Main Street Retail Space
      215 Main St, Apopka, FL 32703
      View Details
    • $975,000
      0.60 Acres

      Apopka Commercial Land For Sale

      Vacant land zoned for retail, restaurant, office, and more.
      2607 E Semoran Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing

      Prime Commercial Property on SR 436

      Commercial property on SR 436, ideal for various business ventures.
      3468 E Semoran Blvd, Apopka, FL 32703
      View Details
    • $975,000
      0.61 Acres

      Apopka Commercial Lot on 436

      Commercial lot on State Road 436, ideal for multiple uses.
      2615 E Semoran Blvd, Apopka, FL 32703
      View Details
    • $3,681,000
      3,275 SF

      Popeyes NNN Lease, Apopka, FL

      High-traffic QSR, strong tenant, 20-year lease.
      402 Main St, Apopka, FL 32703
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available for Lease

      Retail property available for lease in Apopka, Florida.
      3060 East Semoran Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing

      Retail Center with Anchor Tenants

      Retail spaces available in a busy shopping center.
      2300-2444 East Semoran Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing
      12 SF

      Industrial Land with Truck Parking

      12.27 acres with 9,000 SF warehouse, ideal for industrial operations.
      135 Hermit Smith Rd, Apopka, FL 32703
      View Details
    • $30 SF/Yr

      Retail Strip Center in Apopka

      Retail space for lease in Downtown Apopka.
      60 E 5Th St, Apopka, FL 32703
      View Details
    • Contact for pricing
      4,000 SF

      Apopka Land Regional Shopping Center

      Retail property in a growing Orlando suburb, built in 1986.
      701 S Orange Blossom Trl, Apopka, FL 32703
      View Details
    • Contact for pricing

      Retail Center in Apopka, Florida

      Neighborhood retail center on a busy retail corridor.
      3030 E Semoran Blvd, Apopka, FL 32703
      View Details
    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.
    3850 Fl-436
    Apopka, FL 32703
    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

    Thank You for Inquiry
    3850 Fl-436, Apopka, FL, 32703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!