Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1250 Piedmont Wekiwa Rd Apopka, FL 32703

    • Investment properties
    • 2,958 SF
    • 2.73 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4647869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Christ International Church / Church
    • Wekiwa Spanish SDA Church / Church / Mosque
    • Tikes N Tiaras Learning Daycare / Daycare Center / Foster Care Service

    Property Details for 1250 Piedmont Wekiwa Rd

    Year built
    1959
    Lot size
    2.73 lot acres
    Property size
    2,958 SF
    Zone code
    PUD
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    13-21-28-0000-00-071
    APU
    132128000000071

    Description

    This exceptional 2.73-acre property in Apopka, FL, boasts a 6,386 sq ft building with a new roof (2023) and updated HVAC. The property includes a 2,890 sq ft Fellowship Hall (1959) with kitchen and seating for 75, classrooms, administrative offices, and a 3,440 sq ft Sanctuary (1990) with seating for 180, plus a baptistry. Located near US Hwy 441 and SR 436, it offers excellent accessibility. The property features 1.67 acres of usable land, asphalt parking, and a sodded overflow parking area. Zoned for Planned Development, it's ideal for religious, educational, or community uses. Recent improvements include new LED lighting, two 10-ton AC units, and a new sanctuary ceiling. All measurements should be verified by the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $650,000
      6.5%
      $600,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $538,000
      Market price range: $388k - $1.01M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $945,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.4712
    Latitude
    28.6588
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $252
    $87,713
    $351,774
    $439,487
    -
    $87,713
    $351,774
    $439,487

    Comparable in this City

    • Value Estimation
      $525,000
      1,440 SF

      31 Sta St

      STORE/OFFICE (MIXED USE) • 1,440 SF
      31 Sta St, Apopka, FL 32703-5267
      View Details
    • Value Estimation
      $685,000
      5,402 SF

      2273 Apopka Blvd

      STORE/OFFICE (MIXED USE) • 5,402 SF
      2273 Apopka Blvd, Apopka, FL 32703-7736
      View Details
    • Value Estimation by Request
      1,562 SF

      205 Highland Ave

      STORE/OFFICE (MIXED USE) • 1,562 SF
      205 Highland Ave, Apopka, FL 32703-4345
      View Details
    • Value Estimation by Request
      2,652 SF

      34 Park Ave

      STORE/OFFICE (MIXED USE) • 2,652 SF
      34 Park Ave, Apopka, FL 32703-4253
      View Details
    • Value Estimation by Request
      2,370 SF

      1122 Votaw Rd

      STORE/OFFICE (MIXED USE) • 2,370 SF
      1122 Votaw Rd, Apopka, FL 32703-4519
      View Details
    • Value Estimation
      $540,000
      4,658 SF

      1406 Lk Pleasant Rd

      STORE/OFFICE (MIXED USE) • 4,658 SF
      1406 Lk Pleasant Rd, Apopka, FL 32703-7602
      View Details

    Similar Nearby for Sale

    • New
      $699,000
      3,602 SF

      Lakefront Mixed-Use Opportunity in Apopka

      Lakefront property with C2 zoning, ideal for investors.
      3828 Walker Rd, Apopka, FL 32703
      View Details
    • Contact for pricing
      2,665 SF

      Lake Carter Exchange: Apopka, FL

      Mixed-use investment opportunity in Apopka.
      1700 Keene Rd, Apopka, FL 32703
      View Details
    • $3,000,000
      432 SF

      Apopka Dumpster Business & Land

      Established Dumpster Rental Business, 1.38 Acres
      2585 Jmt Industrial Dr, Apopka, FL 32703
      View Details
    • $2,000,000
      5.23 Acres

      Apopka Commercial Land - $2M

      5.23 Acres, High-Traffic Corner Lot
      0 Keene Rd, Apopka, FL 32703
      View Details
    • $2,200,000
      3,334 SF

      Apopka Auto Shop - $2.2M

      Prime Apopka location, high-traffic area.
      215 Main St, Apopka, FL 32703
      View Details
    • $10,000,000
      37.77 Acres

      Apopka Industrial Land - $10M

      37+ acre industrial lot, prime Apopka location.
      4212 Hogshead Rd, Apopka, FL 32703
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      280,437 SF

      Crossroads 429 Warehouse Space

      Apopka, FL industrial warehouse: 24,000 - 181,679 SF available
      2440 Peterson Rd, Apopka, FL 32703
      View Details
    • Contact for pricing
      7,700 SF

      Colonial Shoppes at Bear Lake

      Neighborhood centers
      3030 Semoran Blvd, 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
      10 SF

      Apopka Industrial Land Sublease

      5-10 acre industrial land sublease in established Apopka corridor.
      136 Hermit Smith Rd, Apopka, FL 32703
      View Details
    • $60,000
      130,680 SF

      Hogshead Road Industrial Laydown Yard

      Three-acre fenced storage yard in Apopka.
      3716 Hogshead Rd, Apopka, FL 32703
      View Details
    • Contact for pricing
      53,527 SF

      Apopka City Center North Retail Space

      Grocery-anchored retail center; prime Apopka location.
      611 Main St, 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.
    1250 Piedmont Wekiwa Rd
    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

    Google sign-in failed. Please try again or use another login method.