Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2300 Spg Hbr Blvd Mount Dora, FL 32757
    Property profile & analytics

    2300 Spg Hbr Blvd, Mount Dora, FL 32757

    View on Map
    • Neighborhood centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 2300 Spg Hbr Blvd

    Property type
    Neighborhood centers
    Property subtype
    Power centers

    Description

    This exceptional 3.1-acre retail pad, located at 2300 Spg Hbr Blvd in Mount Dora, Florida (zip code 32757), presents a unique investment opportunity. The property offers up to 48,000 square feet of approved retail space, perfect for a build-to-suit development or land sale. Situated in a high-traffic area, this single-story building enjoys a prime location directly adjacent to a Walmart Supercenter, ensuring high visibility and accessibility. The site is the last available pad in a thriving retail center, established since 2018 with the opening of the Epic Theatre. The property's size allows for flexibility in design and development, with the potential for demising the space to suit specific tenant needs. This is an exceptional opportunity to establish a significant retail presence in a rapidly growing community. The property is zoned for retail use and offers significant potential for a variety of retail businesses. The location provides excellent access to major roadways and a strong customer base. Don't miss this chance to secure a prominent position in this vibrant Mount Dora retail corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Dora
    County
    Orange
    State
    Florida
    Longitude
    -81.6693
    Latitude
    28.8174

    Comparable in this City

    • Value Estimation by Request
      136,864 SF

      16860 Us Highway 441

      Lifestyle centers
      16860 Us Highway 441, Mount Dora, FL 32757
      View Details
    • Value Estimation by Request
      9,210 SF

      16880 Us 441

      Neighborhood centers
      16880 Us 441, Mount Dora, FL 32757
      View Details
    • Value Estimation
      $625,000
      2,948 SF

      301 Baker St

      RETAIL STORES (PERSONAL SERVICES)
      301 Baker St, Mount Dora, FL 32757-5574
      View Details
    • Value Estimation by Request
      440 SF

      525 Donnelly St

      RETAIL STORES (PERSONAL SERVICES)
      525 Donnelly St, Mount Dora, FL 32757-5528
      View Details
    • Value Estimation by Request
      1,610 SF

      245 Highland St

      RETAIL STORES (PERSONAL SERVICES)
      245 Highland St, Mount Dora, FL 32757-5781
      View Details
    • Value Estimation by Request
      400 SF

      2355 Old Us Hwy 441

      RETAIL STORES (PERSONAL SERVICES)
      2355 Old Us Hwy 441, Mount Dora, FL 32757-3509
      View Details

    Similar Nearby for Sale

    • $8,000,000
      155,000 SF

      Golden Triangle Shopping Center

      Prime Retail Center, Mount Dora, FL
      2711 Old Us Highway 441, Mount Dora, FL 32757
      View Details
    • $395,000
      Pending

      Mount Dora Commercial Building For Sale

      Commercial building in Mount Dora, Florida, with existing tenant.
      4075 Highway 19A N, Mount Dora, FL 32757
      View Details
    • $395,000
      Pending

      Mount Dora Retail Investment Property

      Leased retail property with recent upgrades, near Highway 19A.
      4075 Highway 19A N, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      73,479 SF

      Mount Dora Retail Investment Opportunity

      Fully leased retail property with value-add potential.
      2728 W Old Us Highway 441, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      10,303 SF

      Mount Dora Retail Space Available

      Retail space for sale in Mount Dora, Florida.
      19310 Us Highway 441, Mount Dora, FL 32757
      View Details

    Similar Nearby for Lease

    • $5,677 /Mo
      1,867 SF

      Downtown Mount Dora Retail Space

      Retail space in downtown Mount Dora near Sunday Farmers Market.
      237 W 4Th Ave, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      1,095 SF

      Retail Space on US-441

      Retail space available in Mount Dora, excellent visibility and traffic.
      18900 Us Highway 441, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      1,095 SF

      Retail Space on US 441

      Retail space for lease on highly trafficked US 441.
      18910-18990 Us Highway 441, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      2,850 SF

      Updated Historic Building in Mt Dora

      Updated historic building in downtown Mt Dora with open floorplan.
      430 N Alexander St, Mount Dora, FL 32757
      View Details
    • Contact for pricing
      882 SF

      Retail Space Near US Highway

      Retail space available for lease near US Highway 441.
      3208 Fl-44, Mount Dora, FL 32757
      View Details
    • Contact for pricing

      Retail Pad Site Available

      3+ acre retail pad site available for lease.
      2300 Spg Hbr Blvd, Mount Dora, FL 32757
      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.
    2300 Spg Hbr Blvd
    Mount Dora, FL 32757
    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
    2300 Spg Hbr Blvd, Mount Dora, FL, 32757
    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!