1345 Grandview StMount Dora, FL 32757

Property Details for 1345 Grandview St

Year built

1970

Construction

CONCRETE BLOCKS

Lot size

0.33 AC

Property size (Sq ft)

3,677 SF

Property type

Retail properties

Property subtype

Retail space

APN

29-19-27-0050-138-00008

APU

291927005013800008

Description

This 3,677 square foot retail building, situated on a 0.32-acre lot in Mount Dora, Florida, presents a unique investment opportunity. Currently vacant, this property is ideally suited for a variety of uses, including convenience stores, QSRs, or other retail ventures. The building, constructed in 1970, features two units and boasts a C1 zoning designation, allowing for a wide range of commercial activities. Existing infrastructure includes a commercial refrigerator, hood, and grease trap, making it particularly attractive to food-related businesses. Ten parking spaces and a fenced side yard enhance the property's appeal. Its prime location, within walking distance of downtown Mount Dora and near several residential communities (including Dora Landings with over 100 homes and Donnelly Street), ensures high visibility and accessibility. Excellent road access is provided by proximity to major highways including US Hwy 441, SR 46, SR 453, SR 429, SR 44, and SR 19. The property's address is 1345 N Grandview St, Mount Dora, FL 32757, and the APN is 29-19-27-0050-138-0008. The asking price is $600,000. This is a rare chance to acquire a versatile commercial property in a thriving Florida community. The building is one story, with a single building on the lot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,030,882

  6.5%

  $951,584

  7%

  $883,613

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,206,740

  Geo Method

  $1,206,740

• Alternative Use

  Use

  Valuation

  Residential

  $802,696

  Hospitality

  $735,266

  Educational

  $611,732

  Medical

  $632,771

  Retail

  $951,584

Location Insight

City

Mount Dora

County

Lake

State

Florida

Latitude

28.8086

Longitude

-81.641

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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