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Property profile & analytics
FOR SALE
Industrial land
1791 Old Dixie Hwy Apopka Apopka, FL 32712
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2809405
For Sale
Contact for pricing
1791 Old Dixie Hwy,Unit Apopka, Apopka, FL 32712
View Listing →
Property summary
AI-generated overview
This 6.96-acre parcel in Apopka, Florida (APN: 05-21-28-0000-00-034), offers a unique development opportunity. Previously approved for a 125-bed senior assisted living facility, the property is zoned PD and boasts readily available utilities (electricity, water, sewer). Located in Orange County at 1791 Old Dixie Hwy, Apopka, FL 32712, this fee-simple land is situated within the Errol Estates community, providing a blend of natural beauty and urban convenience. Its prime location offers easy access to major highways (W Orange Blossom Trail and Florida 429), connecting to surrounding areas. Nearby amenities include Lowe's, Winn-Dixie, and AdventHealth Centra Care. The area's strong demographics, with nearly 100,000 residents within a five-mile radius and a median household income exceeding the Metro Orlando average by 9%, indicate a thriving community. This presents a rare chance to capitalize on the high demand for senior living facilities in Apopka. The property's strategic location and infrastructure make it ideal for various development projects. Asking price: $2,400,000.
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
6.96 ac (303,349 SF)
Zoning code
PD
APN
05-21-28-0000-00-034
UPID
US18-2809405
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
-
Canterwood Manor Housing Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harold W Ritch · 14 yrs held
Harold W Ritch
since 2011
3 recorded transactions
Zoning & alternative use
PD · Apopka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
$1e
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
4,534.81 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$153,185
Tax year 2023
Assessed value
$1,577,413
Assessed 2023
Previous assessed
$1,501,576
+5.1% YoY
Effective rate
9.71%
On assessed value
Assessed land
$1,577,413
Land market value
$1,577,413
Total market value
$1,577,413
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Lot
6.96 ac (303,349 SF)
Zoning code
PD
APN
05-21-28-0000-00-034
UPID
US18-2809405
Jurisdiction
ORANGE
Zoning & alternative use
PD · Apopka, FLZoning PD · permitted uses
PD · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
$1e
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
4,534.81 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
6.96 ac
Current owner
From public records · entity-resolved
Harold W Ritch
Individual
Free & Clear · 14 yrs held
Mailing address
5300 W HILLSBORO BLVD STE #211, COCONUT CREEK, FL 33073-4397
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2011
—
Harold W Ritch
Ritch,douglas E
Quit Claim Deed
related
—
May 12, 2009
—
Dunn Robert K Trust
Dunn Bernice B Trust
Quit Claim Deed
related
—
Oct 11, 2007
—
Robert K Dunn
Dunn,bernice B
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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