1345 Grandview St Mount Dora, FL 32757-3811
- Retail space
- 3,677 SF
- 0.33 lot acres
Current Use by Public Records
- Retail space
Property Details for 1345 Grandview St
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.33 lot acres
- Property size
- 3,677 SF
- Property type
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $580,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $545,000
- Retail
- $620,000
- Mixed-Use
- $580,000
- Hospitality
- $625,000
- Educational
- $570,000
- Residential Income
- $595,000
- Energy
- $545,000
- Income-Based Land
- $615,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Mount Dora
- County
- Lake
- State
- Florida
- Longitude
- -81.641
- Latitude
- 28.8086
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA