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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3290 Narcoossee Rd Saint Cloud, FL 34771-7290

    • Grocery and convenience stores
    • 3,285 SF
    • 1.79 lot acres
    OFF-MARKET
    Last Sale
    Aug 14, 2023
    $2,600,000
    Value Estimations
    $2,675,000
    Show details
    Cap Rate Potential
    3.1%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US18-4210497
    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

    • Grocery and convenience stores

    Property Details for 3290 Narcoossee Rd

    Year built
    1999
    Lot size
    1.79 lot acres
    Property size
    3,285 SF
    Zone code
    OPD
    Property type
    Grocery and convenience stores
    APN
    0525314025000100B0
    APU
    0525314025000100B0

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,310,000
      ML approach
      $2,255,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,780,000
      Market price range: $1.19M - $3.78M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,985,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Cloud
    County
    Osceola
    State
    Florida
    Longitude
    -81.2321
    Latitude
    28.3475
    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
    $30,912
    $1,256,700
    $726,500
    $1,983,200
    -
    $1,256,700
    $726,500
    $1,983,200

    Comparable in this City

    • Value Estimation
      $350,000
      1,400 SF

      5355 Irlo Bronson Memorial Hwy

      CONVENIENCE STORE • 1,400 SF
      5355 Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771-8732
      View Details
    • Value Estimation
      $275,000
      3,182 SF

      4910 Irlo Bronson Memorial Hwy

      CONVENIENCE STORE • 3,182 SF
      4910 Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771-8723
      View Details
    • Value Estimation
      $465,000
      19,224 SF

      1400 Irlo Bronson Memorial Hwy

      GROCERY, SUPERMARKET • 19,224 SF
      1400 Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771-5803
      View Details
    • Value Estimation
      $1,140,000
      2,650 SF

      750 Narcoossee Rd

      CONVENIENCE STORE • 2,650 SF
      750 Narcoossee Rd, Saint Cloud, FL 34771-7201
      View Details
    • Value Estimation by Request
      5,800 SF

      1540 Narcoossee Rd

      Individual retail properties • 5,800 SF
      1540 Narcoossee Rd, St. Cloud, FL 34771
      View Details
    • Value Estimation
      $275,000
      1,440 SF

      5800 Alligator Lk W Shr

      CONVENIENCE STORE • 1,440 SF
      5800 Alligator Lk W Shr, Saint Cloud, FL 34771-7335
      View Details

    Similar Nearby for Sale

    • $2,924,000
      3,833 SF

      Signalized Corner Retail Opportunity

      Retail space with corporate net lease and rental increases.
      1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771
      View Details
    • $6,591,168
      3,290 SF

      Leased Investment Grade Gas Station

      Leased gas station with investment grade tenant in Saint Cloud.
      6990 E Irlo Bronson Memorial Hwy, Saint Cloud, FL 34771
      View Details
    • $1,000,000
      5.54 Acres

      5.54-Acre St. Cloud Development Land

      Prime Osceola County land, mixed-use potential.
      5455 Eagle Rd, St. Cloud, FL 34771
      View Details
    • $299,000

      Waterfront Land on Lake Lizzie

      2.1-acre waterfront lot on the Alligator Chain of Lakes.
      Bass Hwy, Saint Cloud, FL 34771
      View Details
    • Contact for pricing

      4.87 AC Retail Land Available

      4.87 AC retail land with entitlements for sale.
      N Narcoossee Rd, Saint Cloud, FL 34771
      View Details
    • $519,999

      Waterfront Lot in Gated Community

      Oversized waterfront lot for custom home in upscale community.
      4808 Calasans Ave, Saint Cloud, FL 34771
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,800 SF

      Narcoossee Corners Retail Opportunity

      St. Cloud, FL Retail Space - 3 Units Available
      1540 Narcoossee Rd, St. Cloud, FL 34771
      View Details
    • Contact for pricing
      1,363 SF

      Retail Space on Narcoossee Road

      Retail space for lease with high traffic and ample parking.
      1358 S Narcoossee Rd, Saint Cloud, FL 34771
      View Details
    • $27,300

      St. Cloud Retail/Office Space

      Versatile space in a high-traffic St. Cloud location.
      1400 S Narcoossee Rd, Saint Cloud, FL 34771
      View Details
    • Contact for pricing
      241,323 SF

      St. Cloud Retail Opportunity

      Four parcels, ground lease/build-to-suit
      0 Hwy Us-192 & Nova Rd, St. Cloud, FL 34771
      View Details
    • Contact for pricing
      1 SF

      St. Cloud Retail Space For Lease

      New development, flexible space, high traffic area.
      192 And Nora Tyson Rd, St. Cloud, FL 34771
      View Details
    • Contact for pricing
      7,925 SF

      Landmark Plaza: Magnolia Square Retail

      Modern retail space, prime US-192 location.
      2600 Amera Trl, Magnolia Square, FL 34771
      View Details
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    3290 Narcoossee Rd
    Saint Cloud, FL 34771-7290
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    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
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