Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    242 Wheelhouse Ln Lake Mary, FL 32746
    Property profile & analytics

    242 Wheelhouse Ln, Lake Mary, FL 32746

    View on Map

    • Community centers
    • 7,200 SF
    • 0.22 lot acres
    Retail Space in Mixed-Use Development For Sale
    $2,560,000
    1,367 SF

    Retail Space in Mixed-Use Development

    Retail space for lease in Lake Mary mixed-use property.

    242 Wheelhouse Ln, Lake Mary, FL
    View Listing
    Property ID
    US18-8460086
    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.

    Value Estimations
    Cap Rate Potential
    5.5%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 242 Wheelhouse Ln

    Year built
    2018
    Construction
    TILT-UP CONCRETE
    Lot size
    0.22 lot acres
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    17-20-30-513-0000-0030
    APU
    17203051300000030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2025 $34,500,000 Griffin Farm Center LLC Griffin Retail Center LLC Warranty Deed —
    Jan 10, 2023 $2,479,608 Drake Retail Center LLC Drake Midtown LLC Re-recorded Document · related —
    Jan 9, 2023 — Drake Retail Center LLC Drake Midtown LLC Re-recorded Document · related —
    Jan 6, 2023 $2,479,608 Drake Retail Center LLC Drake Midtown LLC Special Warranty Deed —
    Jan 2, 2020 — Drake Midtown LLC — Deed · related $2M · Valley Nat'l Bk
    — — Drake Midtown LLC — Deed Of Trust · related $2M · Valley Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,515,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,315,000
      6.5%
      $2,135,000
      7%
      $1,985,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,657,000
      Market price range: $1.08M - $2.66M
      AI Estimate
      $2,657,000
      Market price range: $1.08M - $2.66M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,600,000
      Current use
      AUTO REPAIR, GARAGE
      $3,325,000
      Change: +108% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,910,000
      Change: +19% Conversion: Easy
      OFFICE BUILDING
      $1,545,000
      Change: -3% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Lake Mary
    County
    Seminole
    State
    Florida
    Longitude
    -81.3358
    Latitude
    28.7544
    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
    $33,428
    $0.00
    $0.00
    $2,457,585
    -
    $392,160
    $2,065,425
    $2,457,585
    View Listing
    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