Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Plymouth Sorrento Rd Apopka, FL 32712

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Plymouth Sorrento Rd Apopka, FL 32712

    View on Map
    • Land
    • 10.67 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Plymouth Sorrento Rd

    Lot size
    10.67 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Apopka, Florida, totals 10.67 acres and presents a unique investment opportunity. The property is strategically located near the intersection of SR 429 and SR 414, providing excellent visibility and accessibility. It comprises two parcels: Parcel A, encompassing approximately 9 acres, is zoned C-C Community Commercial by the City of Apopka and features significant road frontage of approximately 465 feet on Lester Road and 645 feet on Plymouth Sorrento Road. Parcel B, measuring approximately 1.67 acres, also benefits from City of Apopka Commercial PUD zoning, offering up to 18,000 square feet of potential retail or office development. This parcel boasts approximately 230 feet of frontage on Lester Road and 300 feet on Plymouth Sorrento Road. The property's location in Orange County, Florida, with a 32712 zip code, offers easy access to major transportation arteries and a thriving commercial market. The asking price for this combined land parcel is $3,430,000. This presents a rare chance to acquire a substantial commercial land holding in a high-growth area. The property's zoning and road frontage make it ideal for a variety of commercial developments.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.5569
    Latitude
    28.7129

    Comparable in this City

    • Value Estimation by Request
      9.00 Acres

      1829 Plymouth Sorrento Rd

      Land • 9.00 Acres
      1829 Plymouth Sorrento Rd, Apopka, FL 32712
      View Details
    • Value Estimation by Request
      2.17 Acres

      Apopka Airport Rd

      Land • 2.17 Acres
      0 Apopka Airport Rd, Apopka, FL 32712
      View Details
    • Value Estimation by Request
      4.56 Acres

      1265 Rock Springs Rd

      Land • 4.56 Acres
      1265 Rock Springs Rd, Apopka, FL 32712
      View Details
    • Value Estimation by Request
      5.98 Acres

      51 Ponkan Rd

      Land • 5.98 Acres
      51 Ponkan Rd, Apopka, FL 32712
      View Details
    • Value Estimation by Request
      5.12 Acres

      4410 Chandler Rd

      Land • 5.12 Acres
      4410 Chandler Rd, Apopka, FL 32712
      View Details
    • Value Estimation by Request
      47,300 SF

      3161 Southfork Dr

      Restaurants • 47,300 SF
      3161 Southfork Dr, Apopka, FL 32712
      View Details

    Similar Nearby for Sale

    • $25,000,000

      Apopka Land For Sale

      60 acres of contiguous land with road frontage.
      4625 West Kelly Park Rd, Apopka, FL 32712
      View Details
    • $3,000,000
      5.98 Acres

      Apopka Land with Development Potential

      5.98-acre corner lot in Apopka, ideal for development.
      51 E Ponkan Rd, Apopka, FL 32712
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Lease

      Land available for lease in Zellwood, Florida.
      5651 W Ponkan Rd, Zellwood, FL 32712
      View Details
    • Contact for pricing

      Apopka Industrial Land for Lease

      5.5± acre industrial land with outside storage approval.
      5651 W Ponkan Rd, Apopka, FL 32712
      View Details
    • Contact for pricing

      Wekiva Plaza Outparcel For Rent

      Outparcel to Wekiva Plaza on Rock Springs and Welch.
      175 E Welch Rd, Apopka, FL 32712
      View Details
    • Contact for pricing

      Apopka Land Outparcel For Lease

      Land outparcel available in a new Publix-anchored center.
      3080 W Kelly Park Rd, Apopka, FL 32712
      View Details
    • $20,000 /Mo

      Industrial Land For Lease

      5.5 acre industrial land suitable for outside storage.
      5651 West Ponkan Rd, Zellwood, FL 32712
      View Details
    • Contact for pricing

      Plant Nursery Opportunity Near SR 429

      Plant nursery with 39 nurseries, office, and dwellings for sublet.
      3746 Plymouth Sorrento Rd, Apopka, FL 32712
      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.
    Plymouth Sorrento Rd
    Apopka, FL 32712
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!