Property summary
This exceptional 2,400-square-foot flex space in Casselberry, Florida, presents a compelling investment or owner-user opportunity. Currently housing a state-of-the-art ghost kitchen, the property boasts a strong net lease with a credit-rated tenant and a personal guarantee, ensuring consistent income. The current lease, commencing October 31, 2021, and expiring November 30, 2026, offers a remaining term of approximately two years, with three optional three-year renewal periods. The property… features a 7.15% cap rate (projected to increase to 7.33% by December 2024), a significant return on investment. The building, constructed in 2006, is a single-story Class B structure with two units, two loading docks, and 20-foot ceilings. The property includes five parking spaces and is equipped with 3-phase 200-amp power, plus an additional 60-amp sub-panel. Its strategic location near SR 436, I-4, and US Hwy 17-92 provides excellent accessibility. The interior features two ADA-compliant restrooms and two office spaces, ideal for order processing. The kitchen itself is equipped with a Captive Aire Exhaust Hood and Grease Fire Suppression System, a gas water heater, an enhanced grease trap system, and industrial chemical and water-resistant flooring. The drive-in garages offer versatile storage solutions, including EV charging capabilities. The property is zoned I and offers a compelling investment opportunity with strong potential for future growth. The asking price is $570,000, translating to $237.50 per square foot. Annual Net Operating Income (NOI) is $40,742. Rent bumps are set at 2%. The tenant has the option to vacate with 30 days' notice.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,200 SF
- Lot area
- 0.03 ac
- Year built
- 2006
- Stories
- 1
- APN
- 17-21-30-531-0400-1125
- Assessed value · 2023
- $138,000
- Annual tax · 2023
- $2,363
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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