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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Commercial real estate
1721 Ocoee Apopka Rd Apopka, FL 32703-9263
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-1475901
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.05 ac (2,000 SF)
Zoning code
C-C
APN
20-21-28-3435-61-721
UPID
US18-1475901
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mecatos Bakery & Café Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Apopka Mec LLC · 2 yrs held
Apopka Mec LLC
since 2024
Last sale
$1.8M
1 recorded transaction
Zoning & alternative use
C-C · Apopka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Community Commercial district is to provide lands that accommodate community-serving commercial, office, mixed use, and limited residential development (above commercial and office uses) , at medium intensities and densities. Allowed uses include retail sales, personal services, eating and drinking establishments, offices, recreation or en…
Zone name
Community Commercial
General category
MIXED_USE
Zone area
434.61 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Apopka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apopka submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,795,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±10% · vs last sale $1.79M (Jun 4 2024)
Last sale anchor
$1.79M
Jun 4 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,042
Tax year 2023
Assessed value
$64,486
Assessed 2023
Previous assessed
$64,486
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$64,486
Land market value
$64,486
Total market value
$64,486
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
0.05 ac (2,000 SF)
Zoning code
C-C
APN
20-21-28-3435-61-721
UPID
US18-1475901
Jurisdiction
ORANGE
Zoning & alternative use
C-C · Apopka, FLZoning C-C · permitted uses
C-C · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Community Commercial district is to provide lands that accommodate community-serving commercial, office, mixed use, and limited residential development (above commercial and office uses) , at medium intensities and densities. Allowed uses include retail sales, personal services, eating and drinking establishments, offices, recreation or entertainment uses, vehicle sales and services, mixed use, live or work, and multi-family dwellings above ground-level commercial and office uses.
Zone name
Community Commercial
General category
MIXED_USE
Zone area
434.61 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.05 ac
Current owner
From public records · entity-resolved
Apopka Mec LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11236 SATELLITE BLVDA, ORLANDO, FL 32837-9222
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$1,794,000
Apopka Mec LLC
Drdevelopment Investments LLC
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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