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

    24 Main St Apopka, FL 32703-5256

    • Retail space
    • 6,084 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5039958
    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

    • D'Beauty Salon & Spa / Hair Salon
    • Amazon Hub Counter - D'Beauty Salon & Spa / Postal Service / Courier Service

    Property Details for 24 Main St

    Year built
    1947
    Lot size
    0.19 lot acres
    Property size
    6,084 SF
    Zone code
    MU-D
    Property type
    Retail space
    APN
    09-21-28-0196-50-291
    APU
    92128019650291

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $862,000
      Market price range: $863k - $2.45M

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

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.5108
    Latitude
    28.6728
    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
    $5,967
    $118,681
    $259,704
    $378,385
    -
    $118,681
    $259,704
    $378,385

    Comparable in this City

    • Value Estimation
      $3,715,000
      25,620 SF

      1349 Orange Blossom Trl

      RETAIL STORES (PERSONAL SERVICES) • 25,620 SF
      1349 Orange Blossom Trl, Apopka, FL 32703-7605
      View Details
    • Value Estimation
      $1,260,000
      5,400 SF

      841 Orange Blossom Trl

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      841 Orange Blossom Trl, Apopka, FL 32703-6522
      View Details
    • Value Estimation
      $2,910,000
      13,169 SF

      2311 Semoran Blvd

      RETAIL STORES (PERSONAL SERVICES) • 13,169 SF
      2311 Semoran Blvd, Apopka, FL 32703-5804
      View Details
    • Value Estimation
      $1,535,000
      9,858 SF

      1803 Semoran Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,858 SF
      1803 Semoran Blvd, Apopka, FL 32703-5718
      View Details
    • Value Estimation
      $2,650,000
      16,128 SF

      99 Main St

      RETAIL STORES (PERSONAL SERVICES) • 16,128 SF
      99 Main St, Apopka, FL 32703-5155
      View Details
    • Value Estimation by Request
      2,160 SF

      26 Michael Gladden Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      26 Michael Gladden Blvd, Apopka, FL 32703-6380
      View Details

    Similar Nearby for Sale

    • $2,810,000

      Apopka Retail Building for Sale

      Shell retail building in mixed-use development, customizable interior.
      2535 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    • $1,360,000

      Apopka Shell Building For Sale

      Shell building in mixed-use development, ideal for medical or professional offices.
      2835 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    • $1,360,000

      Shell Building in Mixed-Use Development

      Shell building suitable for medical, professional offices, or retail.
      2745 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    • $1,850,000

      Apopka Mixed-Use Development Opportunity

      Shell building suitable for medical, professional office, or retail use.
      2595 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    • $3,681,000
      3,275 SF

      Popeyes NNN Lease, Apopka, FL

      High-traffic QSR, strong tenant, 20-year lease.
      402 Main St, Apopka, FL 32703
      View Details
    • $950,000

      Apopka Shell Building For Sale

      Shell building in mixed-use development, ideal for medical or professional offices.
      2625 Ocoee Apopka Rd, Apopka, FL 32703
      View Details

    Similar Nearby for Lease

    • $144,060

      New Retail Space Available

      Under construction retail space available for lease in Apopka.
      2565 Ocoee-Apopka Rd, Apopka, FL 32703
      View Details
    • $27 SF/Yr
      19,600 SF

      Apopka Retail Space For Lease

      Retail space available for lease in Apopka, Florida.
      2226-2252 E Semoran Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing
      2,462 SF

      New Retail Development Project

      New retail development with grocery store, apartments, and townhomes.
      10700-10714 Clarcona Ocoee Rd, Apopka, FL 32703
      View Details
    • $30 SF/Yr
      6,890 SF

      Retail Space in Apopka, FL

      Retail space available for lease in Apopka, Florida.
      40-60 E 5Th St, Apopka, FL 32703
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Near SR-429 Interchange

      Retail space with monument signage and easy highway access.
      10678 Clarcona Ocoee Rd, Apopka, FL 32703
      View Details
    • $14,400 /Mo

      Prime Retail Space on Main

      High-visibility retail space in a busy Apopka location.
      233 W Main St, Apopka, FL 32703
      View Details

    Property Visit Statistics

    • Visits by month
      10.2k
    • Visitors by month
      7.6k
    • Avg Time on site
      18 min
    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.
    24 Main St
    Apopka, FL 32703-5256
    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.